The Role and Responsibilities of Non-Executive Directors
Course
In City of London and London
Description
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Type
Workshop
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Location
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Class hours
6h
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Duration
1 Day
Regulatory and legal requirements have increased scrutiny on how well organisations in all sectors are governed. A key aspect of this is the role of non-executive directors (‘NEDs’). NEDs have an increasing responsibility to bring more skills and experience to the Boardroom ensuring that they provide an appropriate level of stewardship and challenge in an ever-complex landscape. This practical and interactive course provides delegates with the essential knowledge and understanding to discharge these responsibilities. It gives an up-to-date review of best corporate governance practices.
Facilities
Location
Start date
Start date
Start date
About this course
Executives, senior managers and professionals who are looking to become NEDs; existing NEDs looking to update and refresh their knowledge; company secretaries; members of the senior management teams in the public sector; internal auditors; in-house lawyers; HR professionals; ethics officers; directors and managers of companies seeking a listing in the UK; and executive search consultants.
Reviews
Subjects
- Management
- Monitoring
- Executive Presentation
- Executive
- Leadership
- Risk Management
- Governance
- Strategic Planning
- Assessor
- Development Finance
Teachers and trainers (1)
Steve Giles
Teacher
Steve qualified with Deloitte & Touche in 1983. From 1990 he specialised in special projects & forensics (including headline cases such as Polly Peck & BCCI), working on a variety of governance, risk management, fraud assignments both in the UK and abroad. Steve left Deloittes in 1997 and since then has built up a track record of success on an independent basis in helping executives, through risk-based techniques, to find solutions to a variety of unusual business problems.
Course programme
- The definition of a director and the different roles: chairman, CEO, executives, NEDs
- Directors’ duties – legal responsibilities, degree of skill and care required, concept of ‘fit and proper’
- The purpose of the board of directors – leadership, setting strategy and managing risk, monitoring the performance of management and creating an ethical business culture
- The role of non-executive directors: challenge and scrutiny of the executive; adding value; and the issue of independence
- Committee work
- The key qualities required of NEDs
- Practical steps: basis for appointment; the induction process; developing and assessing performance
- Teamwork and board dynamics
- Governance hot topics: risk governance; accountability and the Senior Managers’ Regime; succession planning and the Nominations Committee; audit independence; directors’ remuneration
The Role and Responsibilities of Non-Executive Directors