Non-executive directors – NEDs – are directors of a company who don’t have management responsibilities[1] and they play a critical part in holding management (including the executive directors) to account. A brief digression, first, on the different types of NEDs. Independent non-executive directors – often referred to as INEDs – have no interest in or […]
Tag Archives: board effectiveness
What makes an effective NED?
Posted in Governance Reframed
Also tagged board, challenge, directors, independent non-executive directors, INEDs, NED, NEDs, non-executive directors, senior independent director
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What makes an effective Chair of the Board?
Not all firms have someone as the appointed chair of the board but, where they do, it’s a role that interests regulators. In very broad terms, I see the CEO function (SMF1), the chair of the board function (SMF9) and the chief risk officer function (SMF4) attracting the most regulatory attention. It’s common for the […]
Posted in Governance Reframed
Also tagged boards, Chair, culture, effectiveness, regulators
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What makes an outstanding board?
This started as an article about what makes a board of directors ‘effective’ but I decided that was aiming too low. Why shouldn’t a board be outstanding? Let’s begin though with board effectiveness. 1 Board effectiveness What made the board of a bank or other financial institution ‘effective’ a few years ago won’t hit the […]
Posted in Articles
Also tagged board of directors, boards, challenge, controls, corporate governance, culture, D&I, diversity, diversity and inclusion, EWI, governance, groupthink, KRI, MI, non-executive directors, strategy
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