The non-executive role on subsidiary boards: this was the theme of the roundtable organised by NEDonBoard in March 2023. The objectives of roundtable discussions are to provide a safe and enjoyable environment for members to share their experience, build and nurture relationship with board level peers and advance governance practices. Attendees: Susanne Alfs…
The use of artificial intelligence (AI) is growing rapidly across the world, changing whole sectors, creating business opportunities and with the potential to drive economic growth and transform lives. It can, however, cause damage and harm to organisations using it and wider society so it has to be effectively controlled and managed by all…
In this blog, we remind you of important themes for non-executive directors that define the role and responsibilities of those serving on a board. Ensuring effective business governance. Non-executive directors play a key role in ensuring that a company has strong and effective governance and decision-making practices in place. This includes overseeing the work…
Conflicts of interest abound at board level. They are an important issue that all NEDs and boards have to handle. Conflicts distort decision-making and have the potential to undermine the integrity of boards. Recognising a conflict can be more complicated than you might think. Guest speakers James Whitaker co-leads Mayer Brown’s global Environmental,…
“How many times and in what contexts do the words “green”, “eco” and “sustainable” appear in your company’s financial statements, press releases and marketing materials?” Although this question has probably not yet featured in a proposal for Directors & Officers liability insurance, it is one which external regulators and other stakeholders are examining with…
The board journey to frame, implement and monitor purpose: best practices and lessons learned In September 2022, NEDonBoard, together with Grant Thornton, hosted a hybrid session. We explored some board level perspectives, experiences, best practices, and lessons learned around purpose and strategy. We also covered the journey of framing, implementing, and monitoring purpose. Sarah Bell,…
Reviewing and amending articles of association: best practices and learnings from the NEDonBoard community In August 2022, NEDonBoard hosted a roundtable to draw on the experience of its community with regard to reviewing and amending articles of association. The discussion was chaired by Nicky Heathcote, portfolio NED and board chair. Introduction Articles of…
The fixed hybrid working debate is moving on towards a more hybrid culture mindset. We look at why this helps businesses and suggest four ways boards can support the leadership team to make the change. ‘Hybrid cultures’ is a term that is starting to gain momentum as hybrid working continues to evolve, and that requires…
In April 2022, NEDonBoard interviewed portfolio non-executive director Giles Ward to discuss his transition to non-executive directorship and his NED role serving on the boards of several subsidiaries of Chubb, a global provider of insurance products. Giles Ward: biography Giles Ward is a non-executive director for several companies within the Chubb group (the…
Artificial Intelligence in the board In June 2022, NEDonBoard hosted Sue Turner OBE and Markus Krebsz to share their AI governance expertise, focused on the use of AI to accelerate boards’ ESG journey and build sustainable business. We discussed the opportunities and risks created by artificial intelligence, the need for robust AI governance that incorporates…
