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corporate governance


     In April 2006 under the Nanyang Technological University (Corporatisation) Act (Cap. 192A) (“NTU Act”), NTU was corporatised
     from a statutory board to a not-for-profit company limited by guarantee (Reg. No. 200604393R) formed under the Companies
     Act (Cap. 50) of Singapore. The governance of the University takes place within the NTU Act and its key constitutive document,
     its Constitution.

     NTU is committed to high standards of corporate governance, professionalism, integrity, transparency and commitment at all
     levels, underpinned by strong internal controls and risk management systems.

     Governance Evaluation Checklist

     In addition to the application of good governance practices as a company and registered charity (Reg. No 01955), we
     have, as an institution of public character (“IPC”), adopted best practices in key areas of governance that are closely
     aligned to the principles and guidelines in the Code of Governance for Charities and Institutions of a Public Character
     (the “Code”). In line with the disclosure requirement by the Charity Council that all IPCs are required to disclose the
     extent of their compliance with the Code, NTU’s Governance Evaluation Checklist can be found at the Charity Portal
     website (

     Board of Trustees

     The NTU Board of Trustees is the highest governing organ within the University’s governance framework. The Board
     comprises 18 members appointed by the Minister for Education, and is chaired by Mr Koh Boon Hwee. Our Board of
     Trustees includes eminent business leaders, academics, alumni, entrepreneurs and professionals from the public service
     and private sectors. Each member is appointed on the strength of his/her calibre, experience, stature and ability to
     contribute to NTU, and brings with him/her independent judgment on issues of strategy, performance, resource allocation
     and risk and compliance, as well as valuable relationships and networks that are essential for the growth of NTU.

     The Board of Trustees is responsible for ensuring that the University acts in the furtherance of its objectives in education
     and research, and properly accounts for and safeguards the funds and assets of the University. The Board of Trustees
     works closely with the Management and stakeholders of the University to shape the vision, chart the major directions,
     and develop programmes and initiatives to produce a strong and enduring impact for the University, and for Singapore
     and beyond. The Board also approves the annual budget, the use of the University’s operating reserves and the annual
     audited financial statements of NTU, among other responsibilities.

     The NTU Board of Trustees has in place a framework with systems and processes for an effective Board based on the
     following governance principles and practices:

     1.	 Effective recruitment and induction of Trustees. The Nominating Committee is delegated the responsibility of
               recommending suitable candidates and has in place an induction programme comprising interactive briefing
               sessions. In addition, a Board Manual is available.

     2.	 Board Committees are structured to assist the Board to fulfil its governance role, tapping each Trustee’s competencies,
               skills and experience.

     3.	 The Board works with Management to set the vision, mission and strategy of NTU.

     4.	 The Board has an executive succession plan tailored to reflect NTU’s current strategy and organisation.

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