NEDonBoard – Official Site
Written by Rachel This year we published our Board Best Practice Guide to the Audit Committee. The Audit Committee’s main rule is to hold management to account. It acts as an early warning system for the board and is independent of the Finance Director and CEO. As you know, this is the third line of defence: it provides
Written by Elise Perraud NEDonBoard received very positive feedback from its recent Digital Expertise in the Boardroom event, which we held on Tuesday 12th June. Passionate experts discussed blockchain, artificial intelligence and cyber risk in the context of the boardroom. Attendees not only gained insight into these topics but contributed to the debate through engaged conversations with our speakers
Written by Elise Perraud In the past few weeks, we have asked our community to share the lessons that they have learned from the high profile collapse of Carillion. Engagement from the NEDonBoard community has been great and we thank you for sharing your views. In this article, we are publishing some of the answers we received to our
Written by Elise Perraud The report of the select committees on the collapse of Carillion, released on 16th May highlighted a few of the fundamental considerations that non-executive directors, chairs and senior executives (members of the board of directors) should have in mind when they accept their nomination. For members of the NEDonBoard community that have attended our acclaimed
Written by Team NEDonBoard 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
Written by Elise Perraud The report of the select committees on the collapse of Carillion, released on 16th May has raised a number of important issues, ranging from the company’s corporate culture; its internal control environment; the competence and complacency of its auditors and advisors; the duties of the non-executive directors, chairman and senior executives who were members of
Written by Elise Perraud Michael Bartholomeusz was one of the panellists of our Board Risk Committee Best Practice Event. He is a portfolio NED, a former Chief Risk Officer and a member of the NEDonBoard community. We asked Michael Bartholomeusz the following question: What best practices help board risk committees understand the most technical aspects of risks such as
Written by Elise Perraud On 24th April, NEDonBoard hosted a panel discussion around best practices for board risk committees in the financial services sector. NEDonBoard takes this opportunity to thank the panellists, Michael Bartholomeusz, Marcia-Cantor Grable and Nick Dexter. Elise Perraud chaired the panel and moderated the discussion. This article outlines some of the highlights of the insightful discussion,
Written by Jean-Philippe Over the last 4 years, I’ve met with numerous aspiring non-executive directors. I came to this conclusion: it is probable you will never be a non-executive director. Assuming you show an interest in NEDonBoard or you contact me, here are the rough probabilities you can use as a guideline: your chance of becoming a non-executive
Written by Elise Perraud NEDonBoard launched its board best practice series in 2017. Here are the 3 reasons behind our commitment to publish board best practice guides: Connection: NEDonBoard connects professionals around a best practice topic. Professionals include seasoned executives, non-executive directors, consultants and boardroom experts. They constitute our taskforce and contribute to the various brainstorming sessions that lead
