ArtificiaI Intelligence and the Board Risk Committee by Isaac Alfon, senior risk practitioner and NEDonBoard member

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…

Carillion’s lessons learnt – Part 1: Why all non-executive directors and board members should complete a training programme

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…

How do NEDs and board members get to understand the most technical aspects of board matters? Expert advice from Michael Bartholomeusz

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…

What we have learnt from the expert panellists of the NEDonBoard Board Risk Committee Best Practice Event on 24th April

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,…

Most executives who want to become non-executive directors are unlikely to become one. Here is why:

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…

Why NEDonBoard launched its board best practice series and why best practice documents and panel events benefit non-executive director and board members

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…

The 5 factors that contribute to effective corporate governance

On 20th March, NEDonBoard hosted its annual conference. We had the pleasure to be joined by Jeremy Small as a keynote speaker who addressed the audience on the importance of effective corporate governance and the role of the NED sitting in the boardroom. Corporate governance is the structure and processes designed to create long-term value.…

NEDonBoard

Insights from the Boardroom: NEDonBoard Conference 7 Main Take-Aways

On 20th March, NEDonBoard hosted its annual conference, Tomorrow’s Business: Tomorrow’s Board. In this article, we are sharing some of the insights given by our outstanding speakers and panellists:  Jeremy Small, Anna Marks, Dr. Yvonne Thompson CBE, Gillian Karran-Cumberlege, Elisabeth Stheeman, Jemima Coleman, Neil Sinclair, Abeed Janmohamed and Sharon Constancon. For those who attended the…

NEDonBoard International Women's Day

NEDonBoard: “Happy International Women’s Day in the Boardroom”

We truly appreciate just how much more effective better-balanced boards are thanks to the many inspiring women we have worked with, including our outstanding advisors and our remarkable NEDonBoard community members. For example, FTSE 250 NED Anne-Marie Durbin, spoke with us during an interview addressing questions around boardroom culture, the positive and negative factors relating to engagement in…