Tune Protect Group Berhad (“Tune Protect”) has officially joined corporate member of the 30% Club Malaysia, a local chapter of a global business-led campaign focused on building an ecosystem of businesses to promote diversity, equity and inclusion with a focus on gender balance on boards and C-suites.
This involvement is in accordance with two of Tune Protect’s sustainability commitments: attaining 50 percent female presence in the leadership team by 2023 and identifying successors from within the organisation for 50 percent of essential posts by 2023.
Rohit Nambiar (“Rohit”), Group Chief Executive Officer of Tune Protect said, “Today, 40 percent of members of the Tune Protect’s Senior Leadership team are women, which brings us closer towards achieving the Group’s commitment outlined earlier. We are thrilled to be part of the 30% Club Malaysia and share the platform to further accelerate the diversity and inclusion agenda going forward.”
The Securities Commission of Malaysia has set a goal of having 30 percent women on the boards of the top 100 listed companies by the end of 2020. However, as of March 2021, only 25.6 percent of women were on the boards, indicating that there is still room for improvement in terms of women representation at corporate levels.
“We want to create diversity within our team, and we believe that by partnering with the 30% Club Malaysia, we will be able to provide a platform for developing talent amongst our female employees and providing opportunities at all levels of our organisation, including senior leadership positions,” Rohit said.
Tune Protect, in particular has exceeded the target with a 40 percent of female presence in their Board of Directors and will continue to be an advocate for diversity, equity and inclusion.
Additionally, Tune Protect has finalised the definition of the leadership team earlier this year and will be rolling out customised individual development plans for the designated women leaders by the end of the year in order to meet its commitment of having 50 percent women representation in the leadership team by 2023.
Sri Zarinah Anwar, Founding Chair, 30% Club Malaysia said, “We are pleased to welcome Tune Protect Group Berhad as a Corporate Member of the 30% Club Malaysia; joining an expanding business ecosystem, working together towards a shared goal of diversity, equity and inclusion.”
“The 30% Club Malaysia look forward to supporting Tune Protect Group Berhad, through practical and focused activities including access to knowledge, insights and best practices in advancing their diversity and inclusion agenda,” she added.