KUALA LUMPUR (Jan 10): Top Glove Corp Bhd announced on Monday (Jan 10) the appointment of Lester Garson Huang and Anthony Lo as the group’s new independent non-executive directors (INEDs).

Top Glove said in a statement that Huang, who is a practising solicitor and notary, is currently the managing partner and co-chairman of PC Woo & Co, a legal firm in Hong Kong.

He is currently serving as an INED on the boards of Hong Kong public listed companies Guoco Group Ltd, Lam Soon Hong Kong Ltd and Kidsland International Holdings Ltd.

Until Nov 14, 2021, Huang was a non-executive director of the Securities and Futures Commission of Hong Kong (SFC), where he also chaired the Investor and Financial Education Council, a subsidiary of the SFC, noted Top Glove.

His public roles also include serving as the council chairman of City University of Hong Kong and the chairman of the Social Welfare Advisory Committee of the Labour and Welfare Bureau, the glove maker added.

Meanwhile, Lo, a chartered accountant registered with the Hong Kong Institute of Certified Public Certified Accountants, Chartered Professional Accountants of Ontario and the Canadian Institute of Chartered Accountants, serves as an INED on the boards of Hong Kong public listed companies Lam Soon Hong Kong Ltd, Playmates Holdings Ltd, Tristate Holdings Ltd and Convenience Retail Asia Ltd, according to Top Glove.

“Top Glove welcomes the addition of Huang and Lo, who bring with them vast experience as INEDs on companies listed on the Stock Exchange of Hong Kong, which has high standards of corporate governance,” said Top Glove.

Given their backgrounds, the company believes they will bring unique perspectives and valuable expertise to the board, further strengthening the group’s corporate governance.

“The company looks forward to their positive contributions as it works towards its goal of becoming a Forbes and Fortune Global 500 company by 2030,” Top Glove said.

To foster objective and independent deliberation, review and decision-making of the board, Top Glove has limited the tenure of INEDs to nine years without further extension, in line with the Malaysian Code on Corporate Governance.