UNDP Global Mission Statement:
UNDP is the UN’s global development network, an organization advocating for change and connecting countries to knowledge, experience and resources to help people build a better life. We are on the ground in 166 countries, working with national counterparts on their own solutions to global and national development challenges.
The new Pakatan Harapan government’s comprehensive governance reform agenda with strong anticorruption focus has highlighted the need for corporate governance reforms for government-linked companies (GLCs) and government-linked investment companies (GLICs), looking into patterns of ownership and control and how these are laid open to much higher risks of corruption. It has been noted that in accordance with key guidelines of OECD on the governance of state-owned enterprises, there is a need to strengthen corporate governance and transparency in Malaysian GLCs.
The role of GLCs is undeniable in the Malaysian economy and they also play a key role in delivering services at the national and sub national levels. However, transparency, accountability and oversight are major issues. This is further exacerbated by often overlapping and largely uncoordinated roles of various players in this arena such as the Securities Commission, the Companies Commission, the stock exchange (Bursa Malaysia), Ministry of Economic Affairs and the Ministry of Finance. This lack of clear mapping of the relevant players’ responsibilities and mandate in strengthening corporate governance through oversight and regulation, and concrete actionable recommendations is keenly felt.
In the recently launched Malaysian National Anticorruption Plan (NACP) 2019-2023, strengthening corporate governance is listed among the six priority thrust areas for the coming years. The focus will be on achieving greater transparency on who owns and controls corporate entities and ensuring greater resilience of corporate entities against the threat of corruption. Although the NACP makes macro level implementation suggestions, there is a need to flesh out actionable details, particularly as it pertains to mapping out the players and the roles of these various institutions.
In this context, UNDP Malaysia is seeking a national expert on corporate governance to conduct a comprehensive assessment of the corporate governance landscape in Malaysia – key players, roles and responsibilities – with specific recommendations for corporate governance strengthening initiatives. The assessment should lay out recommendations from relatively straightforward ones like identifying all GLCs publicly to detailed ones such as setting up a monitoring system, composition of boards particularly female representation, conflicts of interest etc. From a gender perspective, the assessment would also identify initiatives and rapid measures that can be undertaken to accelerate the participation of women within the senior management ranks.
Duties and Responsibilities
Under the direct supervision of the UNDP Governance and Institutional Reform Specialist and the overall guidance of the Resident Representative, the national consultant will:
The national consultant will work under the direct supervision of the UNDP Governance and Institutional Reform Specialist and the overall guidance of the Resident Representative in Malaysia.
Duration of the Work and Duty Station:
The whole assignment is foreseen for a period of approximately 5 months, with possible travel to Putrajaya or other locations in Malaysia as necessary.
Expected Timeline and Deliverables:
The timeline for the work is expected to be from June – October 2019.
Price Proposal and Schedule of Payments:
The financial proposal shall specify a total lump sum amount, and payment terms around specific and measurable (qualitative and quantitative) deliverables. The financial proposal should include a breakdown of this lump sum amount (including all related costs such as travel costs, per diem etc).
Payments are subject to submission of deliverables duly approved by the UNDP Governance and Institutional Reform Specialist, which shall serve as the basis for the payment of services
Required Skills and Experience
Documents to be included when submitting the proposals:
Interested individual applicants must submit the following documents/information to demonstrate their qualifications:
How to Apply:
Forms and General terms & conditions to be downloaded:
Individuals will be evaluated based on the following methodology:
When using this weighted scoring method, the award of the contract should be made to the individuals whose offer has been evaluated and determined as:
a) responsive/compliant/acceptable, and
b) Having received the highest score out of a pre-determined set of weighted technical and financial criteria specific to the solicitation.
* Technical Criteria weight; [70%]
* Financial Criteria weight; [30%]
UNDP applies a fair and transparent selection process that will take into account the competencies/skills of the applicants as well as their financial proposals. Qualified women and members of social minorities are encouraged to apply.
|City, State:||Home-Based and/or Putrajaya|
|Closing date:||May 21, 2019|