Despite a rapid technological acceleration caused by the pandemic, many leaders remain under-skilled and struggling to keep up with a fast-changing digital landscape. This report highlights the need for significant board renewal and upskilling in order to fill the digital skills gap.

Australia has a predominantly services driven economy which is increasingly digital, online and driven by user generated data. Within our digital economy, financial services – principally banking, insurance and capital markets – has overtaken all other sectors to become the largest sector of the economy. The recent financial crisis and its aftermath have fundamentally challenged...