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: independent non-executive directors
What makes an effective NED?
Posted in Governance Reframed
Also tagged board, board effectiveness, challenge, directors, INEDs, NED, NEDs, non-executive directors, senior independent director
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Governance and Group Dynamics
Governance in groups with regulated firms – whether banks or other financial institutions – involves points that don’t apply to groups of unregulated firms. The general rule is that directors of a company have: A duty of trust, a fiduciary duty to act with integrity, fairness and honesty, having regard to the interests of shareholders; […]
Posted in Governance Reframed
Also tagged conflict of interests, directors, governance, group, non-executive directors, parent, regulatory requirements, shareholder, subsidiary
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Governance in groups with a regulated subsidiary
Governance in groups with regulated firms – whether banks or other financial institutions – involves points that don’t apply to unregulated firms. The general rule is that directors of a company have: A duty of trust, a fiduciary duty to act with integrity, fairness and honesty, having regard to the interests of shareholders; and A […]
Posted in Governance Reframed
Also tagged board committee, directors, governance, group governance, parent, regulators, risk management, subsidiary
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Outsiders becoming insiders
This isn’t a note about insider dealing. It’s a note about independence and situations in which that might be compromised by an independent or external person becoming so vested in a firm that they become part of the home team rather than being a true outsider. This won’t always be the case. But there’s a […]
Posted in Governance Reframed
Also tagged auditors, board, conflict of interests, independence, independent, INEDs, insiders, outsiders, professional advisers
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