NEDonBoard

NEDonBoard Board Best Practice® panel event on 26th March 2019 Audit Committee, Oversight of Internal Audit

NEDonBoard had the pleasure of welcoming Kathie Child-Villiers, Iain Cornish and Mary Hardy to discuss the board best practices in the oversight of internal audit by the audit committee and the board. The panel discussion was chaired by Jonathan Hayward from Independent Audit. In this blog post, we outline some of the insights that attendees…

Carillion’s collapse provides important corporate governance lessons

On 15 January 2018 Carillion plc was forced into liquidation. Prior to its demise, Carillion was a multinational construction services and facilities management company with headquarters in Wolverhampton, United Kingdom. Carillion, prior to its liquidation, had liabilities of about £7 billion, was the second largest construction company in the UK, was listed on the London…

ArtificiaI Intelligence and the Board Risk Committee by Isaac Alfon, senior risk practitioner and NEDonBoard member

The purpose of risk management in financial services is usually defined as to ‘protect and enable’. The ‘protect’ dimension can refer to the franchise value of the business but is mainly about protecting from regulatory intervention. ‘Enable’ has a perspective of value (however defined) and achievement of company objectives. AI-based solutions, leveraging on vast amounts of…

Board best practice – risk committee, financial services

Following NEDonBoard’s board best practice meeting series with the experienced board community to discuss risk committees in financial services, NEDonBoard produced a white paper and hosted a panel discussion to disseminate key findings with the wider board community. The videoed panel discussion of Board Best Practice – Risk Committee in Financial Services, as well succinct interviews with experienced guest speakers, are available to members.

Our Response to the FRC Consultation and How Our View Might Differ From Other Contributors

On 5th December 2017, the Financial Reporting Council (FRC) published proposals for the latest revisions to the UK Corporate Governance Code (Code). The Consultation period ended on 28th February and the FCR received over 250 responses from various parties. NEDonBoard sent its response on 27th February on behalf of its members and the community of…

NEDonBoard International Women's Day

NEDonBoard: “Happy International Women’s Day in the Boardroom”

We truly appreciate just how much more effective better-balanced boards are thanks to the many inspiring women we have worked with, including our outstanding advisors and our remarkable NEDonBoard community members. For example, FTSE 250 NED Anne-Marie Durbin, spoke with us during an interview addressing questions around boardroom culture, the positive and negative factors relating to engagement in…

The Professional body for NEDs & Board Members

Highlights of NEDonBoard community Response to The UK Corporate Governance Code Consultation

On Tuesday Feb 27th, NEDonBoard submitted to the FRC it’s response to the consultation on the UK Revised Corporate Governance Code.  NEDonBoard thanks its members and audience for their contribution, in particular,  Elise Perraud, Nicky Heathcote and Laura Marianello. On 5th December 2017, the Financial Reporting Council (FRC) published proposals for the latest revisions to the UK Corporate Governance…