Protecting yourself as a NED

Protecting yourself as a NED: understanding the implications of the UK Corporate Governance Code for NEDs as individual professionals

2018 saw the publication of an updated UK Corporate Governance Code, the introduction of new corporate governance reporting requirements in The Companies (Miscellaneous Reporting) Regulations 2018 as well as the establishment of the Wates Corporate Governance Principles for Large Private Companies. The regulations and corporate governance provisions apply in relation to the financial years of…

stakeholders

How effective engagement with your stakeholders can be a differentiator?

Stakeholder engagement is a core theme of the newly introduced UK Corporate Governance Code and of the Wates Corporate Governance Principles for Large Private Companies. While stakeholder engagement has been embedded into section 172 of the Company Act 2006, it is The Companies (Miscellaneous Reporting) Regulations 2018 and the governance codes that have brought focus…

women non-executive directors

How can we accelerate the representation of female senior executives in executive committees and boardrooms?

The 2019 report of the Hampton-Alexander Review was published on 13th November. This is the 4th annual publication of the UK government-backed initiative to improve gender diversity and balance in FTSE leadership. The report highlights two important facts: Women on boards – FTSE 350 companies have hit the target of achieving 30% of board roles…

Aileen Wallace on her NED journey and on how to connect with impact to build the portfolio of roles to which you aspire

In this blog, we are pleased to share some key insights from Aileen Wallace, portfolio non-executive director and an active member of NEDonBoard. Mrs Wallace places emphasis on connecting with impact to build a portfolio of roles. As a reminder, the cornerstones of the NEDonBoard mission are Connection, Knowledge, Authority. What has been your NED…

NEDs to be appointed on the board of Authorised Fund Managers: an update

The deadline for Authorised Fund Managers to comply with the provisions of policy statement 18/8 is 30th September 2019. In this blog, we share an update with our community reflecting information received from our members as well as a catch-up call with the FCA that NEDonBoard held mid-July. Background In April 2018, the FCA announced…