NEDXChange – The Non-Executive Director Exchange

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17 October 2021

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The latest Non-Executive Director News

Volution Group announces Board member Amanda Mellor as next Senior Independent Director

By Debbie Wright October 7, 2021 by Olivier Dellacherie - Talent4Boards – UK, Crawley –  Volution Group plc (LON: FAN) today announced the appointment of Board member Amanda Mellor as Senior Independent Director with effect from the conclusion of the AGM on Thursday 9 December 2021, succeeding Tony Reading who will be retiring from the Board at ...
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Card Factory announces Rob McWilliam to its Board as Independent Director

By Debbie Wright October 6, 2021 by Olivier Dellacherie - Talent4Boards – UK, Wakefield –  Card Factory PLC (LON: CARD) today announced the appointment of Rob McWilliam to its Board as Independent Non-Executive Director with effect from 1 November 2021. Rob will be appointed to the Audit and Risk Committee, Nomination Committee, and Remuneration Committee, and ...
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Santander UK appoints Pamela Walkden to its Board as Independent Director

By Debbie Wright October 1, 2021 by Olivier Dellacherie - Talent4Boards – UK, London –  Santander UK Group Holdings plc (LON: 83WK), and Santander UK plc today announced the appointment of Pamela Walkden as an Independent Non-Executive Director representing Banco Santander SA on 1 October 2021, replacing Bruce Carnegie-Brown who stepped down as a director on 30 September ...
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AVEVA Group welcomes Dr. Ayesha Khanna to its Board as Independent Director

By Debbie Wright October 1, 2021 by Olivier Dellacherie - Talent4Boards – UK, Cambridge –  AVEVA Group plc (LON: AVV) today announced the appointment of Dr. Ayesha Khanna to its Board as an Independent Non-Executive Director, effective 28 October 2021. “We are delighted to welcome Ayesha to the Board. Ayesha brings a significant depth of technology ...
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Serica Energy welcomes Richard Rose to its Board as Non-Executive Director

By Debbie Wright September 28, 2021 by Olivier Dellacherie - Talent4Boards – UK, Aberdeen –  Serica Energy plc (LON: SQZ) today announced the appointment of Richard Rose to its Board as a Non-Executive Director with immediate effect. Tony Craven Walker, Board Chairman said: “I am delighted to welcome Richard to the Serica Energy plc Board as a ...
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The latest Non-Executive Director Vacancies

Ofcom Content Board – Non-Executive Director member for Wales

By Debbie Wright Non-Executive Director member for Wales - Ofcom Content Board Hyd at 4 diwrnod y mis Ofcom yw’r rheoleiddiwr ar gyfer diwydiannau cyfathrebiadau’r Deyrnas Unedig (y DU), gyda chyfrifoldebau ar draws teledu, radio, fideo ar-alw, telegyfathrebiadau, cyfathrebiadau di-wifr, a gwasanaethau post. Mae’r rhain yn cynnwys cyfrifoldeb dros oruchwylio ...
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Ofcom Content Board – Non-Executive Director member for Northern Ireland

By Debbie Wright Non-Executive Director member for Northern Ireland - Ofcom Content Board Ofcom is the regulator for the UK communications industries, with responsibilities across television, radio, video-on-demand, telecommunications, wireless communications and postal services. These include responsibility for overseeing television and radio broadcasting throughout the United Kingdom, including regulating the ...
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The Edge Foundation – Trustees

By Debbie Wright Trustees - The Edge Foundation Business / Organisation Name: The Edge Foundation Business / Organisation Sector: Not-for-Profit Business / Organisation Website: https://bit.ly/3aoPEnR Business / Organisation Type: School, College or University Role Title: Trustee Remuneration: Expenses only Role Description The Edge Foundation, a champion of relevant practical and ...
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Distinctive People/Shelter Cymru – Chair

By Debbie Wright Chair - Distinctive People/Shelter Cymru Business / Organisation Name: Distinctive People/Shelter Cymru Business / Organisation Sector: Not-for-Profit Business / Organisation Website: http://www.distinctivepeople.co.uk/vacancies Business / Organisation Type: Charity or Not-for-Profit Role Title: Chair Remuneration: Expenses only Role Description A good home is fundamental to everyone’s wellbeing, which means ...
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Bath College – Governor

By Debbie Wright Governor - Bath College Business / Organisation Name: Bath College Business / Organisation Sector: Public Business / Organisation Type: School, College or University Role Title: Governor Remuneration: Pro Bono Role Description Are you interested in being a Governor in the Further Education & Skills sector at a ...
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Middlesex University Students’ Union (MDXSU) – 2 Lay Trustees

By Debbie Wright 2 Lay Trustees - Middlesex University Students’ Union (MDXSU) Business / Organisation Name: Middlesex University Students’ Union (MDXSU) Business / Organisation Sector: Not-for-profit Business / Organisation Website: https://bit.ly/3DaTflZ Business / Organisation Type: School, College or University Role Title: Trustee Remuneration: Unremunerated with reasonable expenses paid Role Description ...
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Fareham College – Governor / Board Member

By Debbie Wright Governor / Board Member - Fareham College Business / Organisation Name: Fareham College Business / Organisation Sector: Public Business / Organisation Website: https://bit.ly/3a0ZpIQ Business / Organisation Type: Association Role Title: Governor Remuneration: Expenses only Role Description Fareham College is seeking to appoint two strategic leaders to the ...
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Department of Health and Social Care – Chair of NHS Blood and Transplant

By Debbie Wright Chair of NHS Blood and Transplant - Department of Health and Social Care Body: NHS Blood & Transplant Appointing Department: Department of Health & Social Care Sector: Health Location: London Number of Vacancies: 1 Remuneration: £63,000 per annum Time Requirements: 2 to 3 days per week Closed ...
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Phoenix Futures – Board Member and Chair of Clinical Governance Committee

By Debbie Wright Board Member and Chair of Clinical Governance Committee - Phoenix Futures Business / Organisation Name: Phoenix Futures Business / Organisation Sector: Not-for-Profit Business / Organisation Website: https://bit.ly/3zUA6Tq Business / Organisation Type: Association Role Title: Chair Remuneration: Expenses only Role Description Phoenix Futures is dedicated to helping individuals, ...
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Thirteen Group – Chair

By Debbie Wright Chair - Thirteen Group Employer: Thirteen Group Location: Middlesbrough, North Yorkshire Salary: Remunerated Closing date: 28 Oct 2021 As a charitable not-for-profit housing association, Thirteen exists to provide housing and support services across the North East of England and Yorkshire. We are here for anyone who needs ...
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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

Ofcom Content Board – Non-Executive Director member for Wales

Ofcom Content Board – Non-Executive Director member for Wales

Non-Executive Director member for Wales – Ofcom Content Board Hyd at 4 diwrnod y mis Ofcom yw’r rheoleiddiwr ar gyfer diwydiannau cyfathrebiadau’r Deyrnas Unedig (y DU), gyda chyfrifoldebau ar draws teledu, radio, fideo ar-alw, telegyfathrebiadau, cyfathrebiadau di-wifr, a gwasanaethau post. Mae’r rhain yn cynnwys cyfrifoldeb dros oruchwylio darllediadau teledu a radio ar draws y Deyrnas Unedig, gan gynnwys rheoleiddio’r BBC. Mae Ofcom hefyd yn gyfrifol am reoleiddio llwyfannau rhannu fideos yn y DU. Mae hyn yn golygu y bydd angen i’r gwasanaethau hyn gael mesurau ar waith i ddiogelu pobl ifanc rhag cynnwys a allai fod yn niweidiol, ac i […]

Ofcom Content Board – Non-Executive Director member for Northern Ireland

Ofcom Content Board –  Non-Executive Director member for Northern Ireland

Non-Executive Director member for Northern Ireland – Ofcom Content Board Ofcom is the regulator for the UK communications industries, with responsibilities across television, radio, video-on-demand, telecommunications, wireless communications and postal services. These include responsibility for overseeing television and radio broadcasting throughout the United Kingdom, including regulating the BBC. Ofcom is also now responsible for regulating UK-based video sharing platforms. This means that these services will need to have in place measures to protect young people from potentially harmful content, and to ensure that all users are protected from hate speech and illegal content. This is an important first step towards […]

The Edge Foundation – Trustees

Trustees – The Edge Foundation Business / Organisation Name: The Edge Foundation Business / Organisation Sector: Not-for-Profit Business / Organisation Website: https://bit.ly/3aoPEnR Business / Organisation Type: School, College or University Role Title: Trustee Remuneration: Expenses only Role Description The Edge Foundation, a champion of relevant practical and vocational education, is seeking to appoint Trustees to its Board who will play a key role in overseeing the strategic direction of the charity and ensure all young people have the education that enables them to contribute to a changing world. About the Role The Edge Foundation is an independent and politically impartial […]