Expert Interview: Phil Festa

Continuing with our expert interview series, we connected with Phil Festa. Phil is Director of Non-Executive Engagement at Huntswood, the UK’s leading provider of specialist resourcing and consultancy in compliance, governance and complaints. Huntswood’s ambition is to maximise clients’ reputation by helping them adhere to good governance and regulatory compliance and thereby build trust and

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Penalties & Pay: Financial Responsibility

The position of a non-executive director for a bank is part-time, yet is paid more than five times the national average full-time wage. This discrepancy is so-called ‘danger money’- a rise in pay as a result of reforms that can allow bankers to be held accountable for mistakes. These penalties go so far as jailing executives,

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