Category : NON-EXECUTIVE DIRECTOR

THE RISKS OF BEING A NON-EXECUTIVE DIRECTOR

The non-executive director (NED) plays a crucial role in the governance and oversight of a company. Furthermore, they also face certain risks and challenges in carrying out their responsibilities. Some of the key risks for non-executive directors include: Legal and Regulatory Liability: NEDs may be held personally liable for breaches of laws and regulations, particularly […]

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BUILDING A PORTFOLIO CAREER AS A NON-EXECUTIVE DIRECTOR

Building a Portfolio Career as a Non-Executive Director (NED) can be an exciting and rewarding path for experienced business leaders. It allows you to leverage your expertise across multiple organisations. You will be providing strategic insights and governance while enjoying the flexibility and diversity of working with different companies. However, creating a successful portfolio career as […]

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8 THINGS THAT MAKE A GREAT BOARD

Michael Tait sets out the 8 things that make a great board. A good board of directors possesses several key characteristics and attributes that enable it to effectively fulfil its responsibilities and contribute to the success of an organisation. Here are some factors that make a board of directors exemplary: Diversity and Expertise: A good […]

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QUALITIES TO BE A SUCCESSFUL DIRECTOR

The top qualities to be a successful company director may vary depending on the specific industry, company, and role. However, some general qualities that are typically associated with successful director level executives and the upholding of directors duty include: Strategic thinking: Director level executives must have the ability to think critically and strategically about their […]

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THE ROLES AND RESPONSIBILITIES OF A NON-EXECUTIVE DIRECTOR

Michael Tait, independent chairman and non-executive director, explains the key roles and responsibilities of a non executive director. A Non-Executive Director (NED) is a member of a company’s board of directors who is not involved in the day-to-day management of the company. Non-Executive Directors play a crucial role in the governance and oversight of a […]

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WAYS TO REMUNERATE YOUR NON EXECUTIVE DIRECTORS

Non Executive Directors play an important role in the governance of a company, offering a fresh perspective and impartial oversight of the company’s operations. They bring valuable experience and expertise to the board, and help ensure that the company is managed in the best interests of all its stakeholders. As a result, it is essential […]

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THE ROLES AND RESPONSIBILITIES OF A NON-EXECUTIVE DIRECTOR

Michael Tait explains the key roles and responsibilities of a non executive director (NED) A Non Executive Director (NED) is a member of a company’s board of directors who is not involved in the day-to-day management of the company. Non Executive Directors play a crucial role in the governance and oversight of a company, and […]

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NON EXECUTIVE DIRECTORS – RESPONSIBILITIES IN INSOLVENCY

Non Executive Directors (NEDs) play a critical role in companies, providing independent oversight and guidance to the board of directors. In times of insolvency, the role of NEDs becomes even more crucial. NEDs are expected to provide objective and independent advice to the board and ensure that the company’s interests are protected, while balancing the […]

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NON EXECUTIVE DIRECTOR (NED) – THE LEGAL RESPONSIBILITIES

As a Non Executive Director (NED) in the United Kingdom, there are several legal responsibilities that you need to be aware of in order to fulfil your role effectively and to avoid any potential liabilities. Here are some key legal responsibilities of a UK NED: 1. Compliance with company law: As a NED, you have […]

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COMPANY DIRECTOR – THE LAW

Company director law refers to the legal framework that governs the behaviour and actions of directors in the United Kingdom. Directors play a crucial role in the functioning of companies and are responsible for making important decisions that impact the success and growth of the organization. As such, it is essential that they operate within […]

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