NEDXChange – The Non-Executive Director Exchange

Welcome to NEDXChange – The Non-Executive Director Exchange

9 March 2021

Upcoming Courses / Events

Mar
17
Wed
2021
9:00 am How to become a Non-Executive Di... @ Zoom Video Conference
How to become a Non-Executive Di... @ Zoom Video Conference
Mar 17 @ 9:00 am – 4:30 pm
How to become a Non-Executive Director – Video Course 17 March 2021 @ Zoom Video Conference
Find out how you can obtain a Non-Executive Director position by booking a place on this interactive 1-day course. <img data-attachment-id='2823' data-permalink='https://nedworks.net/become-non-executive-director-manchester-24-september-2014/ned1/' data-orig-file='https://i0.wp.com/nedworks.net/wp-content/uploads/2014/06/NED1-e1403709592905.png?fit=600%2C300&ssl=1' data-orig-size='600,300' data-comments-opened='0' data-image-meta='{'aperture':'0','credit':'','camera':'','caption':'','created_timestamp':'0','copyright':'','focal_length':'0','iso':'0','shutter_speed':'0','title':''}' data-image-title='NED1' data-image-description=' ‘ data-medium-file=’https://i0.wp.com/nedworks.net/wp-content/uploads/2014/06/NED1-e1403709592905.png?fit=300%2C149&ssl=1′ data-large-file=’https://i0.wp.com/nedworks.net/wp-content/uploads/2014/06/NED1-e1403709592905.png?fit=695%2C347&ssl=1′ loading=’lazy’ class=’alignright size-medium wp-image-2823′ …
Mar
24
Wed
2021
9:00 am Diversity and Inclusion in the B... @ Zoom Video Conference
Diversity and Inclusion in the B... @ Zoom Video Conference
Mar 24 @ 9:00 am – 4:30 pm
Diversity and Inclusion in the Boardroom – Video Course Wednesday 24 March 2021 @ Zoom Video Conference
Diversity and Inclusion in the Boardroom <img data-attachment-id='199730' data-permalink='https://nedworks.net/event/directors-duties-roles-and-responsibilities-bristol-17-november-2016/boardroom-e1433355265381/' data-orig-file='https://i2.wp.com/nedworks.net/wp-content/uploads/2015/07/boardroom-e1433355265381.jpg?fit=1144%2C762&ssl=1' data-orig-size='1144,762' data-comments-opened='0' data-image-meta='{'aperture':'0','credit':'','camera':'','caption':'','created_timestamp':'0','copyright':'','focal_length':'0','iso':'0','shutter_speed':'0','title':'','orientation':'0'}' data-image-title='boardroom-e1433355265381' data-image-description=' ‘ data-medium-file=’https://i2.wp.com/nedworks.net/wp-content/uploads/2015/07/boardroom-e1433355265381.jpg?fit=300%2C200&ssl=1′ data-large-file=’https://i2.wp.com/nedworks.net/wp-content/uploads/2015/07/boardroom-e1433355265381.jpg?fit=695%2C463&ssl=1′ loading=’lazy’ class=’alignright size-medium wp-image-199730′ src=’https://i0.wp.com/nedworks.net/wp-content/uploads/2015/07/boardroom-e1433355265381-300×200.jpg?resize=300%2C200&ssl=1′ alt=” width=’300′ height=’200′ srcset=’https://i2.wp.com/nedworks.net/wp-content/uploads/2015/07/boardroom-e1433355265381.jpg?resize=300%2C200&ssl=1 300w, https://i2.wp.com/nedworks.net/wp-content/uploads/2015/07/boardroom-e1433355265381.jpg?resize=768%2C512&ssl=1 768w, https://i2.wp.com/nedworks.net/wp-content/uploads/2015/07/boardroom-e1433355265381.jpg?resize=1024%2C682&ssl=1 1024w, https://i2.wp.com/nedworks.net/wp-content/uploads/2015/07/boardroom-e1433355265381.jpg?resize=4%2C4&ssl=1 4w, https://i2.wp.com/nedworks.net/wp-content/uploads/2015/07/boardroom-e1433355265381.jpg?resize=600%2C400&ssl=1 …
Apr
27
Tue
2021
10:00 am Finance for Non-Finance Director... @ Zoom Video Conference
Finance for Non-Finance Director... @ Zoom Video Conference
Apr 27 @ 10:00 am – 3:30 pm
Finance for Non-Finance Directors – Interactive Video Course Tuesday 27 April 2021 @ Zoom Video Conference
Finance for Non-Finance Directors: Financial Business Management Tools and Financial Business Concepts for Executive and Non-Executive Directors <img data-attachment-id='176' data-permalink='https://nedworks.net/event/finance-for-non-finance-directors-bristol-17-november-2016/financial-documents-300×199/' data-orig-file='https://i1.wp.com/nedworks.net/wp-content/uploads/2012/12/financial-documents-300×199.jpg?fit=300%2C199&ssl=1' data-orig-size='300,199' data-comments-opened='0' data-image-meta='{'aperture':'0','credit':'','camera':'','caption':'','created_timestamp':'0','copyright':'','focal_length':'0','iso':'0','shutter_speed':'0','title':''}' data-image-title='financial-documents-300×199' data-image-description=' ‘ data-medium-file=’https://i1.wp.com/nedworks.net/wp-content/uploads/2012/12/financial-documents-300×199.jpg?fit=300%2C199&ssl=1′ data-large-file=’https://i1.wp.com/nedworks.net/wp-content/uploads/2012/12/financial-documents-300×199.jpg?fit=300%2C199&ssl=1′ loading=’lazy’ class=’alignright size-full wp-image-176′ src=’https://i1.wp.com/www.nedworks.net/wp-content/uploads/2012/12/financial-documents-300×199.jpg?resize=300%2C199&ssl=1′ alt=’financial-documents-300×199′ …

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The latest Non-Executive Director News

Adicet Bio welcomes Dr. Andrew Sinclair to its Board of Directors

By Debbie Wright By Talent4Boards Team Talent4Boards - Great Talent builds Great Boards – USA, CA –  Adicet Bio, Inc. (NASDAQ: ACET), a biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer and other diseases, today announced the appointment of Dr. Andrew Sinclair, Ph.D., to its ...
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GenFit welcomes Jean-François Tiné to its Board as Independent Director

By Debbie Wright By Talent4Boards Team Talent4Boards - Great Talent builds Great Boards – FRANCE, Loos –  GenFit (EPA: GNFT | NASDAQ: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and liver diseases, today announced the appointment of seasoned senior investment banking executive Jean-François ...
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Nationwide Building Society welcomes Debbie Klein to its Board as Independent Director

By Debbie Wright By Talent4Boards Team Talent4Boards - Great Talent builds Great Boards – UK, Swindon –  Nationwide Building Society (LON: NBS) today announced the appointment of Debbie Klein to its Board as an Independent Non-Executive Director. “It is a pleasure to welcome Debbie to the Nationwide Board. She will ...
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TBC Bank Group appoints Arne Berggren as new Chairman of the Board of Directors and of Supervisory Board of the Bank

By Debbie Wright By Talent4Boards Team Talent4Boards - Great Talent builds Great Boards – UK, London –  TBC Bank Group PLC (LON: TBCG) today announced that current Senior Independent Director Arne Berggren has been appointed as the Chairman of the Board of TBC PLC and Chairman of the Supervisory Board ...
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Just Group appoints Kalpana Shah to its Board as Non-Executive Director

By Debbie Wright By Talent4Boards Team Talent4Boards - Great Talent builds Great Boards – UK, Reigate –  Just Group plc (LON: JUST), the specialist UK financial services group focusing on attractive segments of the UK retirement income market, today announced the appointment of Kalpana Shah to its Board as Non-Executive ...
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The latest Non-Executive Director Vacancies

Independent Review of Education (Northern Ireland) – Chair

By Debbie Wright Chair - Independent Review of Education (Northern Ireland) Location: Bangor NI Date Posted: 01/03/2021 Closing Date: 26/04/2021 Vacancy Description The Chairperson of the Independent Review of Education Panel will be expected to have the skills, experience and ability to lead this work from the front, serving as ...
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Countess of Chester Hospital NHS Foundation Trust – Chair

By Debbie Wright Chair - Countess of Chester Hospital NHS Foundation Trust Employer: Countess of Chester Hospital NHS Foundation Trust Location: Chester Salary: £47,100.00 per annum for circa 3 days per week Closing date: 29th March Job Ref: GSe68257.1 Description The Countess of Chester Hospital NHS Foundation Trust provides services ...
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Port of Tyne – 2 Non-Executive Directors

By Debbie Wright 2 Non-Executive Directors - Port of Tyne Recruiter: Port of Tyne Location: Newcastle Salary: Remuneration £14,857 Poste: d01 Mar 2021 Closes: 29 Mar 2021 Job Function: Non Executive Director Industry: Public The Port of Tyne, the largest UK trust port, is an independent statutory body governed by ...
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Children’s Hearings Scotland – Members

By Debbie Wright Members - Children's Hearings Scotland Reference:3899 Remuneration:£183.24 per day Location:Edinburgh, City of Closing date:30 March 2021 at midnight CHILDREN’S HEARINGS SCOTLAND – APPOINTMENT OF MEMBERS The Scottish Government wants Scotland to be the best place in the world for children and young people to grow up. If ...
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National Physical Laboratory – Chair

By Debbie Wright Chair - National Physical Laboratory Location: London Date Posted: 01/03/2021 Closing Date: 11/04/2021 £20,500/ circa 20 days pa Key responsibilities of the Chair will be: The effective organisation and leadership of the NPL Board. They will guide and influence the organisation at a strategic level providing clear ...
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UK Innovation and Science Seed Fund – Chair

By Debbie Wright Chair - UK Innovation and Science Seed Fund Recruiter: UK Innovation and Science Seed Fund Location: Didcot Salary: £20,000 - £25,000 per annum Posted: 01 Mar 2021 Closes: 06 Apr 2021 Job Function: Chair Industry: Science / Environment The UK Innovation and Science Seed Fund (UKI2S) nurtures ...
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Department of Health & Social Care – Chair

By Debbie Wright Chair - Department of Health & Social Care Recruiter: Department of Health & Social Care Location: Nationwide Salary: Not Specified Posted: 03 Mar 2021 Closes: 09 Mar 2021 Job Function: Chair National Institute for Health Protection To give the nation the best chance of beating COVID-19, and ...
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Specialty Training Board for Diagnostics (STB) – Chair

By Debbie Wright Chair - Specialty Training Board for Diagnostics (STB) Job reference: 045902 Location: Various Job closing date: 11/03/2021 Job posted date: 25/02/2021 Salary: Consultant (£84,984 - £112,925) Employment type: Fixed-term Job Type: Medical and Dental Hours of work: 1 PA Department: SPDS Employer (NHS Board) : NHS Education ...
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Lanarkshire NHS Board – Members

By Debbie Wright Members - Lanarkshire NHS Board Reference: 3897 Remuneration: £8,842 per annum Location: Lanarkshire Closing date: 24 March 2021 at midnight NHS Lanarkshire is looking for two new members to join its Board. If you are looking for a rewarding and worthwhile opportunity, we would like to hear ...
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Catholic Safeguarding Standards Agency – Chair and Non-Executive Directors

By Debbie Wright Chair and Non-Executive Directors - Catholic Safeguarding Standards Agency Recruiter: Catholic Safeguarding Standards Agency Location: Post the Covid period, meetings are expected to take place in London Salary: Remunerated Posted: 24 Feb 2021 Closes: 18 Mar 2021 Job Function: Chair, Non Executive Director Industry: Public Position Type: ...
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What is a Non-Executive Director?

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non-executive director (abbreviated to non-execNED or NXD) independent, or outside director is a member of the board of directors of a company who does not form part of the executive management team. They are not employees of the company or affiliated with it in any other way and are differentiated from executive or inside directors, who are members of the board and are also employees of the company.

Not all non-executive directors are considered to be independent – NEDs holding a significant shareholding and those who have recently been executive directors of the company are not considered to be independent. The UK Corporate Governance Code recommends that Chief Executives should not take on a Chairman position in the same company.

Non-executive directors have responsibilities in the following areas, according to the Higgs Report published by in 2003 and subsequently enshrined in the 2006 Companies Act.

  • Strategy: Non-executive directors should constructively challenge and contribute to the development of strategy.
  • Performance: Non-executive directors should scrutinise the performance of management in meeting agreed goals and objectives and monitoring and where necessary removing senior management, and in succession planning.
  • Risk: Non-executive directors should satisfy themselves that financial information is accurate and that financial controls and systems of risk management are robust and defensible.
  • People: Non-executive directors are responsible for determining appropriate levels of remuneration of executive directors and have a prime role in appointing and where necessary removing senior management, and in succession planning.

Non-Executive Directors should also provide independent views on:

  • Resources
  • Appointments
  • Standards of conduct

Non-executive directors are the custodians of the governance process. They are not involved in the day-to-day running of business but monitor the executive activity and contribute to the development of strategy.

In 2011 the Financial Times launched the first formal qualification specifically for Non-Executive Directors. The Non-Executive Directors Certificate is a level 7 masters postgraduate qualification accredited by Edexcel.

Excellencia provide a 1-day course for aspiring Non-Executive Directors – How to become a Non-Executive Director

NEDXChange - The Non-Executive Director Exchange
NEDXChange - The Non-Executive Director Exchange
A non-executive director (abbreviated to non-exec, NED or NXD) independent, or outside director is a member of the board of directors of a company who does not form part of the executive management team

Opinion

Data governance is as important as money management

Data governance is as important as money management

Written by Julie Garland McLellan Does your board have a firm grasp on your company’s data and technology strategies? Over the ...
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10 things Non-Executive Directors can do to satisfy their legal responsibilities

10 things Non-Executive Directors can do to satisfy their legal responsibilities

Falling foul of the law can have serious consequences for Non-Executive Directors - here are 10 steps you can take ...
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Working with the board in the 21st century

Working with the board in the 21st century

Challenges Boards of organisations of all shapes and sizes in the private, public and voluntary sectors face new challenges due ...
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The UK Corporate Governance Code 2014 Update

The UK Corporate Governance Code 2014 Update

The Financial Reporting Council (FRC) has issued an updated version of the UK Corporate Governance Code (the Code) The latest ...
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Exactly what should directors do?

Exactly what should directors do?

For the first time in law, the 2006 UK Companies Act sets out what a company directors duties are The ...
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Is your board dysfunctional?

Is your board dysfunctional?

Does your board have directors who trust each other, are committed, are comfortable with conflict, hold each other to account ...
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nhs non-executive director

What makes a good NHS Non-Executive Director?

The Francis and Keogh reports highlight the need for good governance and effective Non-Executive Directors in the NHS Both Francis ...
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What skills do Non-Executive Directors need?

What skills do Non-Executive Directors need?

Use this checklist to see if you have the skills Non-Executive Directors need to be effective Regardless of any specialist ...
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How to write a Non-Executive Director CV

How to write a Non-Executive Director CV

A Non-Executive Director CV is different from an Executive CV The skill-set required to be a successful Non-Executive Director is ...
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New Year Resolution: Do more for charity as a Non-Executive Director

New Year Resolution: Do more for charity as a Non-Executive Director

Non-Executive Director appointments & Charity Trustee roles in the voluntary sector are a way of giving something back by using ...
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Interview with Newly Appointed Trustee Colin Lewis

Interview with Newly Appointed Trustee Colin Lewis

A newly appointed trustee explains how he got his current trustee role Reprinted from the Non Executive Director Hub 3 December 2013 ...
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What should Non-Executive Directors focus on?

What should Non-Executive Directors focus on?

At a time when businesses need to focus on growth why is it that most Non-Executive Directors see their primary ...
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Non-executive directors need to move on to stay truly independent

Non-executive directors need to move on to stay truly independent

Don’t become part of the furniture - Non-executive directors need to move on to stay truly independent Re-printed from the Sunday ...
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News

Adicet Bio welcomes Dr. Andrew Sinclair to its Board of Directors

Adicet Bio welcomes Dr. Andrew Sinclair to its Board of Directors

By Talent4Boards Team Talent4Boards – Great Talent builds Great Boards – USA, CA –  Adicet Bio, Inc. (NASDAQ: ACET), a biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer and other diseases, today announced the appointment of Dr. Andrew Sinclair, Ph.D., to its board of directors, replacing Erez Chimovits, who will step down from the Board … Adicet Bio welcomes Dr. Andrew Sinclair to its Board of Directors Adicet Bio welcomes Dr. Andrew Sinclair to its Board of Directors From:: Adicet Bio welcomes Dr. Andrew Sinclair to its Board of Directors

Independent Review of Education (Northern Ireland) – Chair

Independent Review of Education (Northern Ireland) – Chair

Chair – Independent Review of Education (Northern Ireland) Location: Bangor NI Date Posted: 01/03/2021 Closing Date: 26/04/2021 Vacancy Description The Chairperson of the Independent Review of Education Panel will be expected to have the skills, experience and ability to lead this work from the front, serving as the “public face” for the Review whilst managing and directing the wider team. They will be responsible for setting the pace of work, establishing the key priorities, agreeing the appropriate work plan from the outset and leading engagement with a wide range of stakeholders, including political and community leaders. They will be expected […]

GenFit welcomes Jean-François Tiné to its Board as Independent Director

By Talent4Boards Team Talent4Boards – Great Talent builds Great Boards – FRANCE, Loos –  GenFit (EPA: GNFT | NASDAQ: GNFT), a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and liver diseases, today announced the appointment of seasoned senior investment banking executive Jean-François Tiné to its Board as an independent director, replacing Philippe Moons who resigned from … GenFit welcomes Jean-François Tiné to its Board as Independent Director GenFit welcomes Jean-François Tiné to its Board as Independent Director From:: GenFit welcomes Jean-François Tiné to its Board as Independent Director