Non-executive risk and advisory services

Comparing to Walker's review NED recommendations

  • Relevant experience in banks and insurance
  • Network of contacts
  • Experience of Risk, Audit and RemCo
  • Expertise to challenge the executive effectively and know when to intervene
  • Board engagement in risk oversight needs to increase
  • NED time commitment is volatile and increasing
  • No competing executive responsibilities
  • Formal as per rules
  • Independence of mind
  • Plural career - independent financially

 

 

 

 

 

 

 

 

 

 

 

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NED

Being a non-executive director of a regulated financial services company requires FSA approval in the UK, a regime which has recently been improved to ensure that candidates are fit and proper with respect to both character and expertise.

These values help me to strike the right balance...

The Easy Life of an NED
  • Support
  • Delegation
  • Entrepreneurship
  • Short term
  • Operational
  • Processes
  • Shareholders

The Hard Life of an NED
  • Challenge
  • Intervention
  • Risk management
  • Long term
  • Strategic
  • Personnel
  • Other stakeholders
Calmindon Ltd