Issue 21 Issue 第21期 Going paperless with your board has never been easier For business leaders www.hkiod.com Issue 21 第21期 Organisations around the globe are experiencing the benefits of the Boardvantage board portal called MeetX. You can too. Automate the board meeting process With dedicated workflows and support for last-minute updates, MeetX automates boardbook creation and distribution. Board members view the particulars of the current meeting or quickly reference relevant items from previous meetings. Any updates are flagged with visual cues. Go beyond boardbook access When it comes to eSigning consents, voting on resolutions, or filling out self- assessments, MeetX makes all board process paperless. DIRECTORS URGED TO TAKE LEAD TO MANAGE RISKS Make online-to-offline transparent 風險管理 MeetX auto-syncs its content so board members have ready access to their 公司董事當仁不讓 documents, private notes, approvals, and surveys, whether online or offline. Even annotations made offline sync back to the server when the board member is back online. Cut cost, time and paper With MeetX, you no longer have to print, ship and track board materials, and Symbol of Credit in Director CPD 董事持續專業進修嘉許標誌 no one has to lug them around. More details on P.35 詳情請參閱 Xinjiang Goldwind 第35頁 Science & Technology Co, Ltd boardvantage.com/hk Commitment to Clean Energy Sets In 50 countries and half the Fortune 500 Apart Wind Turbine Maker’s Board Unit 2-3, 20F, Fu Fai Commercial Centre, 27 Hillier Street, 新疆金風科技股份有限公司 Request a free demo at boardvantage.com/demo Sheung Wan, Hong Kong 致力清潔能源 +852 2108 4600 | [email protected] 成就不一樣的董事會 Ad_BV_Institute_of_Directors_HK_210x285_062116.indd 1 6/21/16 4:39 PM EVEN THE BEST PLAYERS NEED A FLAWLESS PLAN TO STAY AHEAD OF THE GAME. Sponsored by: 贊助機構 Publisher 出版機構 The Hong Kong Institute of Directors 香港董事學會 The Hong Kong Institute of Directors 香港董事學會 Patron EVEN THE BEST PLAYERS Sponsor 贊助機構 贊助人 Corporate Governance Development Foundation Fund 企業管治發展基金 The Hon C Y Leung GBM GBS JP 梁振英行政長官 Hon President & Founding Chairman 榮譽會長兼創會主席 Publishing Board 出版委員會 Dr the Hon Moses Cheng GBM GBS OBE JP Mr Stanley Mok (Chairman) 莫兆光先生（主席） 鄭慕智博士 Ms Bonnie S Y Chan 陳心愉女士 Past Chairmen 前任主席 NEED A FLAWLESS PLAN Mrs Margaret S Leung 梁甘秀玲女士 Dr Herbert H M Hui JP 許浩明博士 (Deceased)(已故) Mr Ka-Yin Li 李家彥先生 Mr Peter S H Wong MBA 黃紹開先生 Mr Richard Tsang 曾立基先生 Dr Kelvin Wong JP DBA 黃天祐博士 Dr Carlye Tsui 徐尉玲博士 Council 理事會 (2016-2017) TO STAY AHEAD OF THE GAME. Project Management 項目統籌 Executive Office, The Hong Kong Institute of Directors Chairman 主席: 香港董事學會行政處 Mr Henry Lai 賴顯榮律師 For enquiries about circulation and advertisement, please contact: Deputy Chairmen 副主席: 有關發行及廣告查詢，請聯絡： Mr George Magnus BBS OBE MA(Cantab) 麥理思先生 Chief Business Officer: Ms Miriam Yee Ir Edmund K H Leung SBS OBE JP 梁廣灝工程師 業務總監：余海恩小姐 Dr David Wong BBS JP 黃友嘉博士 For editorial enquiries, please contact: Dr Christopher To 陶榮博士 有關編輯上的查詢，請聯絡： Mr Liu Tingan 劉廷安先生 Senior Projects Executive: Mr Ronald Wu Treasurer 司庫: 高級統籌主任：胡鈞洛先生 Mr Man Mo Leung 文暮良先生 Tel 電話： +852 2889 4088 Immediate Past Chairman 前任主席: Fax 傳真： +852 2889 9982 Dr Kelvin Wong JP DBA 黃天祐博士 Email [email protected] 電郵： Chief Executive Officer 行政總裁: Editor 編輯 Dr Carlye Tsui BBS MBE JP 徐尉玲博士 Ms Lily Yau 邱念椿小姐 Council Members 理事會成員: Designer 設計 Ms Bonnie S Y Chan 陳心愉女士 Mr Ray Chau Dr Leonard S K Chan 陳新國博士 Overa Creative Dr Charles Cheung JP MBA DBA (Hon) 張惠彬博士 Tel 電話: +852 6278 8814 Dr Justin K H Chiu 趙國雄博士 Email: [email protected] Prof Y K Fan BBS JP 范耀鈞教授 www.overacreative.com Mr George Hongchoy 王國龍先生 Mr Randy Hung 孔敬權先生 Printer 印刷商 Mr Ip Shing Hing JP 葉成慶律師 Asiabest Interactive Production Mr Carmelo Lee JP 李嘉士律師 雄霸互動多元製作 Mrs Margaret S Leung 梁甘秀玲女士 Email: [email protected] Mr Ka-Yin Li 李家彥先生 Mr William Lo 羅志聰先生 Ir Prof John Mok 莫建鄰教授 Mr Stanley Mok 莫兆光先生 Ms Cynthia Y S Tang 鄧宛舜女士 Mr Richard Tsang 曾立基先生 Mr Jim Wardell 詹華達先生 Mrs Alison F Y Wong 黃李鳳英女士 http://www.hkiod.com/21century.html Mr Huen Wong BBS JP 王桂壎律師 Dr Anthony Yeung 楊俊偉博士 Dr Linda Y W Yung 翁月華醫師 The Hong Kong Institute of Directors is Hong Kong’s premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. 香港董事學會為香港代表專業董事的首要組織，其宗旨是促進所有公司的持久成就；為達成使命， 學會致力提倡優秀企業管治與釐訂相關標準，以及協助董事的專業發展。 2104 Shanghai Industrial Investment Building, 48 Hennessy Road, Wan Chai, Hong Kong 香港灣仔軒尼詩道48號上海實業大廈2104 Contents Issue 21 第21期 內容 Cover Story 06 封面故事 DIRECTORS URGED TO TAKE LEAD TO MANAGE RISKS 風險管理 公司董事當仁不讓 New Thinking 28 新思維 High Time to Evolve Asian Boards Need More Diversity 刻不容緩 亞洲公司董事會需更多元化 Family Members in Past Awardees of 32 HKIoD’s Membership 14 Directors Of The Year 學會家族成員專訪 「傑出董事獎」歷屆得主 Interview: Mr Stanley Mok and Mr Stephen Mok Xinjiang Goldwind Science & 專訪莫兆光先生和莫仲堃先生 Technology Co, Ltd: Commitment to Clean Energy Sets Apart Wind Turbine Maker’s Board Outreach and Kindred Relations 新疆金風科技股份有限公司： 外展及友好聯盟活動 致力清潔能源 成就不一樣的董事會 36 The HKIoD Delegation to Qianhai Director in Focus 香港董事學會前海訪問團 18 董事專訪 Image Maker Builds Success on Feature Article Sound Governance 38 特稿 企業管治成就公關大師 Iran to Form 'Bridge of Turquoise' for One Belt One Road 「一帶一路」 伊朗的新出路 Corporate Governance 企業管治 24 Members’ Milestones From fighting corruption to promoting 42 會員里程碑 corporate governance The Hong Kong ICAC’s experience 從打擊貪污至推廣企業管治 HKIoD Programme Briefs 香港廉政公署的經驗 45 香港董事學會活動簡報 Still using paper board packs? By moving to a digital meeting solution a board could annually save up to 2.75 fully grown trees 11,880 liters of water 192.72 liters of waste gas 6ɉJPHS:\WWSPLYVM+PNP[HS4LL[PUN:VS\[PVUZ[V;OL/VUN2VUN 9\NI`<UPVUHUK;OL/VUN2VUN0UZ[P[\[LVM*OHY[LYLK:LJYL[HYPLZ Book a demonstration today © 2016 ICSA Boardroom Apps Limited @ [email protected] | boardpad.hk BoardPad is a registered trademark of ICSA Boardroom Apps Limited Telephone | +852 3975 2767 Cover Story 封面故事 Directors urged to take lead to manage risks 風險管理 公司董事當仁不讓 Lily Yau 邱念椿 s Chinese wisdom would So how does that compare to your ranking Commission of Hong Kong (SFC) before have it, the term “crisis” is of the risks your company faces as per assuming her current post to oversee made up of two characters – your perceived degree of importance? It is compliance department of HKEX. “Once peril (危) and opportunity (機). perfectly fine if the global list does not an organisation has classified its various ARisks are part and parcel of doing come close to what you have in mind or if risks, it should seek to deal with them business. So how does an organisation go some of the risks given have not even through acceptance, mitigation, etc,” she about keeping risks at bay and better still, crossed your mind. Risk rankings are advised. turning a crisis to its favour? In addition, “subjective” in that a lot depends on the how do you, a company director, identify circumstances of the subject assessing How to Identify Risks the different threats to your business and the risks. The key is for each organisation No “‘one-size-fits-all’ method” exists by prioritise them to cope accordingly? to prioritise its risks according to its which organisations can “classify and deal operating environment, its sector and its with risks,” Ms Kwan pointed out. For a number of years, the World own strengths and weaknesses. Economic Forum has been conducting an As she explained it, one way to classify annual survey of business people world- “Yes, organisations are faced with a risks is “by origin.” Broadly speaking, wide to assess their view on risks. myriad of risks,” said Ms Angelina Kwan, internal risks originate from within the Findings of its latest Executive Opinion Head of Regulatory Compliance Depart- organisation, for instance, human capital Poll of 13,000 respondents from 140 ment of the Hong Kong Exchanges and risk and operational systems risk. Exter- economies, as summarized in the Global Clearing Ltd (HKEX). “Depending on nal risks stem from forces outside the Risks Report 2015, offer the global view its business nature, each organisation control of the organisation, including on risk ranking as follows: should find a way to identify, understand regulatory changes, socio-economic 1. Unemployment and underemployment; and deal with the various risks it may cycles and natural disasters. 2. Energy price increases; come across.” Ms Kwan can speak with 3. Failure of national governance; authority on risk management, having Another way to identify risk is to utilise an 4. Asset bubbles; headed compliance work for various “enterprise-wide risk management frame- 5. Financial crises; and financial houses and performed regula- work” to manage the organisation’s risks 6. Cyber-attacks. tory duties at the Securities and Futures “holistically,” she said. Such a method will 6 HKIoD: THE 21ST CENTURY DIRECTOR stipulate that at least once a year, directors 2. The migration of asylum seekers; must conduct a review of the effectiveness 3. Terrorist attacks in major cities with of a listed company’s internal control financial centres; systems, including risk management 4. Protectionist movements in various functions, noted SFC Executive Director major economies; of Corporate Finance Mr Brian Ho. He 5. Actions by various central banks; and reminded listed companies that the 6. Tension from disputes about sover- Corporate Governance Code must be eignty over the Spratly Islands and applied on a “comply or explain basis.” As Diaoyutai or Senkaku. the regulator of the securities and futures markets, one of the SFC’s roles is to carry out active surveillance of listed companies. “Each of these events could have a profound effect on the world’s financial Mr Ho said listed companies should take a markets, which would then have a cue from the financial crisis of 2008, which knock-on effect on Hong Kong’s economy was caused, in part, by failure in govern- and markets, at least,” Ms Kwan said.