What are the skills demanded by companies for their non-executive directors?

  Non-executive directors are expected to have a range of skills and experiences that benefit the company they serve. Some of the key skills and attributes are commonly sought by organisations: Strategic thinking and decision-making: your ability to understand the company’s strategy and vision, and to provide constructive input and guidance to the board on…

The role of the non-executive director

  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…

Cost-of-living crisis: NEDs need to bring all their experience to the boardroom

  The current economic climate is demanding more of management. Boards need to look to non-executive directors for guidance on handling these challenges, while thinking about taking opportunities. The final quarter of 2022 is seeing business squeezed by challenges in both supply and demand, and it looks likely that the UK will slip into recession by the end…

What does “being the right fit” mean in NED recruitment?

  If you have applied for NED roles, interviewed, or exchanged with recruiters and boards, you will certainly have come across the term “fit”. “We think you are the right fit for our organisation”. “You are strong candidate and interviewed well but we appointed a candidate that was a better fit for our board”. Have…

Identifying and managing conflicts of interest

  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,…

The board journey to frame, implement and monitor purpose

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,…

Balancing an executive role with non-executive responsibilities on a group board committee

  In this article, NEDonBoard member Angus MacGregor provides his perspective of serving on the remuneration committees of a firm in a non-executive capacity while having an executive HR role within the same organisation. Currently Head of Global HR for MUFG, a large full-service financial services firm headquartered in Tokyo, Japan, his executive role is…

Cyber security, risk, and insurance for the board

Cyber security, risk, and insurance for the board In June 2022, NEDonBoard hosted subject matter experts Francis Kean and Shannan Fort, both partners in Financial Lines at McGill and Partners and Elaine Bucknor, portfolio non-executive director and former CISO.   Guest speakers Shannan Fort is a Partner of Financial Lines, Cyber at McGill and Partners.…

Expert interview: the non-executive role on subsidiary boards

  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…