In December 2017, the Financial Reporting Council (FRC) published proposals for the latest revisions to the UK Corporate Governance Code (Code). The FRC received over 250 responses from various parties. NEDonBoard sent its response on behalf of its members and the community of non-executive directors and board members. Director independence and tenure limit Proposal…
In August 2017, the UK Government released it’s Corporate Governance Reform – government response to it’s November 2016 green paper consultation. The consultation had set out to receive views on how to improve the corporate governance framework, and having received 375 responses, the newly released paper ‘identifies nine proposals for reform which it now intends…
Following a number of reviews into gender and diversity, recent years have seen an increased focus on, and in some organisations a progressive shift in, boardroom composition. Leading on some of these progressive changes, one can be comfortable in crediting Dame Helen Alexender for exemplifying the role of women on boards and for her contributions to the Hampton / Alexander Review. Dating back…
Expert interview: Liz McMahon Sport and physical activity boards have historically been perceived as closed to all who were not athletes or sport administrators or those “in the network”. But thanks to the recently implemented Code for Sports Governance, this is no longer the case. Initiated by DCMS (the Department for Culture, Media and Sport)…
Sarah R Pierce is Founder & CEO of Sohi World, a recently launched video networking site for start-ups and innovators. She has recently joined the board of Kingdom Bank as a Non Executive Director. Kingdom Bank is UK based provides borrowing ,savings and insurance solutions to charities and churches. Having completed your undergraduate degree less than…
Gillian Wilmot is a NED Award Winner 2014 and Founder & CEO of Board Mentoring which works with CEO’s and Directors of leading UK and International companies. Gillian shared her thoughts on what it takes to be a great NED. You’re an award winning NED – how should a NED successfully conduct themselves in their…
Having interviewed FTSE 100 Chairman, Alastair Lyons, CBE, following a NEDonBoard panel evening, there are some clear skills and considerations which best enable a NED to connect with fellow board members and carry out their role and responsibilities. In this blog, we highlight the importance of engaging with the management informally. What would you…
The boardroom dynamic is a crucial factor to a well-functioning board. Following a NEDonBoard interview with renowned Chairman, Patrick Dunne, this article is a succinct highlight of some important contributors, from the perspective of a Chair. What are the key ingredients for an effective board? Clarity of purpose The right people working together in the right…
This month NEDonBoard is focusing on the interaction of the Chair with Non-Executive Directors. As such we interviewed Chris Disspain to gain insight from his perspective as an internationally experienced Chairman and Non-Exec. As a chair, what most challenges as well as most inspires you? The challenges of chairing a Board or Board committee,…
To ‘further enhance our competitiveness’, the UK government is looking to strengthen the UK’s corporate governance framework, issuing a Green Paper, Corporate Governance Reform, in November 2016. Responses to the Green Paper can be submitted until mid-February 2017. For a reminder, the current UK Corporate Governance Code (most recently updated in April 2016 by the Financial…
