Non-Executive Directors

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The Role of the Non-Executive Director

While it varies across countries and from company to  company, the non-executive director’s role is generally to:

  • Help facilitate strategy development and constructively monitor delivery.
  • Set standards and targets for the management team.
  • Scrutinise management performance and monitor reporting.
  • Confirm the integrity of internal controls and financial reporting.
  • Determine how risk will be evaluated, calibrated and managed.
  • Determine senior executive remuneration.
  • Appoint and remove senior management.
  • Help develop long-term succession plans.
  • Monitor and maintain good corporate governance.
  • Act in the best interests of all stakeholders, not just shareholders.

– Adapted from “Becoming a Non-Executive Director“, Spencer Stuart, 2014. 

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