Protecting yourself as a NED

Protecting yourself as a non-executive director

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…

non-executive director

4 tips to help you land your first Non-Executive Director Role

This week, NEDonBoard welcomes Kathryn Eade to its blog to give recommendations to individual professionals aspiring to the boardroom on how to secure your first non-executive director role. You’ve been thinking about maybe becoming a NED, but not sure how to go about landing that first role? I was recently part of the NEDonBoard /…

Climate Change

Incorporating climate change into boards’ agenda

In May 2019, MPs approved a motion to declare an environment and climate emergency. In November 2019, the European Parliament approved a resolution declaring a climate and environmental emergency in Europe and globally. The statement came a few days before the opening of the UN COP25 Climate Change Conference in Madrid. Climate change represents a…

stakeholders

How effective engagement with your stakeholders can be a differentiator?

Stakeholder engagement is a core theme of the 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 on stakeholder…

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 in November. This is the fourth 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 held by…

How to connect with impact to build the portfolio of roles to which you aspire

This blog is an interview of Aileen Wallace, portfolio non-executive director in which she places emphasis on connecting with impact to build a portfolio of roles.   What has been your NED journey since you started your transition? Following an executive career in Financial Services, I have transitioned to a NXD Portfolio and Board/Commercial advisory…

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 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…