Category : NON-EXECUTIVE DIRECTOR

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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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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THE ATTRIBUTES OF A GOOD NON EXECUTIVE DIRECTOR

Michael Tait lists the key attributes of a good non executive director A non executive director (NED) is a member of a company’s board of directors who is not an executive or employee of the company. NEDs play an important role in corporate governance and can bring a wealth of experience, expertise, and independence to […]

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THE NUMBER OF NON EXECUTIVE DIRECTORS TO HAVE ON A BOARD

The number of non executive directors (NEDs) on a board can vary depending on the size, complexity, and industry of the organisation. Generally, it is recommended that a board should have at least two NEDs to provide an independent perspective and balance the power of executive directors. NEDs are appointed to the board to provide […]

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HIRING NON EXECUTIVE DIRECTORS

Michael Tait, experienced non executive chairman discusses the hiring of non executive directors: Hiring a non executive director (NED) is an important decision for any organisation. Non executive directors bring with them a wealth of experience and knowledge that can help guide the company towards success. Getting it wrong can cause enormous problems. NEDs play […]

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