AI Guide For Boards in Singapore

AI GUIDE FOR BOARDS IN SINGAPORE

Section I: The Board Mandate

3.4 Committee Structures

Boards should determine how AI oversight responsibilities are allocated across board and management committee structures.

• Audit and risk committees. • Strategy committees. • Cyber and technology committees. is approach can work eectively where committee capability exists, sucient agenda capacity is available, and AI governance is integrated into broader enterprise oversight.

e appropriate structure will depend on: • Organisational complexity.

• Digital maturity. • Industry sector. • Strategic reliance on AI.

3.4.3 Hybrid oversight model

Several governance approaches may be appropriate. • Dedicated technology or digital committee. • Expanded existing committees. • Hybrid oversight model. 3.4.1 Dedicated technology or digital committee Some organisations, particularly those with signicant digital or AI exposure, may establish dedicated board-level technology or digital committees. is model may provide deeper oversight, focused expertise and more consistent engagement on technology-related matters. It may be particularly suitable where AI is strategically material to the organisation’s future business model.

AI governance should receive the same level of structured oversight, reporting discipline, and assurance applied to cyber security, operational resilience, and other material enterprise risks. Regardless of structure, boards should ensure: • AI oversight responsibilities are clearly documented. • Reporting lines are dened. • AI governance integrates with enterprise risk management processes. Hybrid models may be useful for large transformation programmes or evolving governance environments requiring coordination across multiple disciplines. Some organisations may adopt hybrid structures involving: • Joint committee sessions. • Cross-committee reporting. • Temporary task forces. • Programme-specic oversight groups.

3.4.2 Expanded existing committees

Many organisations may instead expand the mandate of existing committees, such as:

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