A consultancy review on corporate governance of Tung Wah Group of Hospitals was commissioned by the Board of Directors in June 2006. The scope of the review comprised a review of the Group's transparency, accountability, structure, succession, risk management and control as well as ethical behaviours. Interviews were held with more than 70 parties involving a wide range of stakeholders including all Directors, the senior management and executives of Tung Wah, government officials, potential and existing donors. The review was completed in September 2006 and was followed by a series of re-engineering and management review conducted in response to the recommendations made by the consultant. Internal control and effective corporate governance in Tung Wah were strengthened by the separation of governance and management. To this end, the functions and roles of the Board-level committee structure were revisited and revamped with corresponding executive-level Policy Working Groups being formed.

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