the interest of MoF Inc. with effect from 1 March 2024. He was appointed in place of Datin Rashidah binti Mohd Sies, who had resigned effective 12 January 2024, due to her retirement in public services. A recent addition to the Board is the appointment of Dato’ Zulkifli bin Ibrahim as Independent Non-Executive Director with effect from 1 April 2024. He possesses technical expertise and experience in generation operation and maintenance, that would fill up the gap identified through the Board Skills Matrix. TENAGA NASIONAL BERHAD Integrated Annual Report 2023 146 CHAIRMAN’S INTRODUCTION TO CORPORATE GOVERNANCE As we welcome our new Board members and leadership, we express our gratitude to departing Directors for their dedication and service to the Company. We are confident that with the collective expertise andvision of our Board, we will continue to steer TNB towards success, creating long-term value for our stakeholders. The Board adheres to Paragraph 15.02 (1)(a)&(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (MMLR), of having 50% of Independent Directors and five (5) female Directors, surpassing the requirements set by the MMLR. The Board and BNRC continuously undertake thorough reviews of the Board Skills Matrix. This assessment aids in identifying the necessary skills, knowledge, experience and capabilities essential for addressing current and future challenges within the Company. It aims to maintain a well-rounded mix of expertise to effectively tackle business compliance and governance matters, thereby enabling Directors to conduct comprehensive evaluations of Management’s performance. Following the BNRC’s recommendation, the Board approved measures to enhance the Board’s composition for greater dynamism. Addressing critical skills and competency gaps, such as technical proficiency, international business acumen and customer-centricity, remains a priority. All Directors appointed during the Financial Year under review possess the requisite skills, aligning with the