New Non Executive Directors
New Non-Executive Directors' Responsibilities 
The law and the expectations of Directors have developed considerably in the light of statute and as a result of scandals such as Enron and the global financial crisis. There is pressure to raise standards of corporate governance with an increasingly litigious environment and the regulators around the world focusing on the area of Non Executive Directors' responsibilities in its risk assessment of authorised firms.
This half day briefing is designed for new Directors or those unfamiliar with recent legislation and the development of the Combined Code of Corporate Governance. The event is delivered by an experienced course leader who has held a number of directorships in major financial institutions and can explain the practical application of the law and compare and contrast different areas of legislation that impact upon individuals.
Who should attend?
- Newly appointed Directors and Non-executive Directors
- Those unfamiliar with recent legislation requiring a refresher and update
This briefing is an ideal session to be held at a strategic review or Board planning day or as a refresher during the course of the financial year. It can also be provided tailored to your particular business sector or country, highlighting legal cases and regulatory enforcements actions in your sphere of activity.
As a result of attending Directors will:
- Understand the powers and responsibilities of the individual director
- Consider the boardroom context and the guidance provided by the Combined Code
- Grasp the Turnbull guidance on the board’s responsibilities for internal controls
The session also provides an opportunity to discuss issues with other board members and develop agreement on how to address them.
Training Approach
This workshop is uses a combination of trainer input, knowledge sharing with interactive syndicate work and case studies
Group size is kept to a maximum of 12 to facilitate sharing of experience amongst the delegates
Course Leaders
Bob White has over 25 years of experience in the financial services industry... more
Phil Ingle is a highly qualified training and management consultant... more
Programme Outline
| SESSION |
CONTENT |
| Introduction and welcome |
- Introduce trainer and delegates
- Share delegate’s personal objectives
- Describe the course structure and content
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| The Director’s Responsibilities |
- The legal framework
- Fiduciary and legal duties
- The group context: multiple directorships
- Pitfalls, penalties, and how to reduce the risks
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| The Director and the Board |
- Role of board, chairman, and chief executive
- Board balance and independence
- Succession, development, and performance evaluation
- Accountability and audit
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| The Control Environment |
- Responsibilities of the board and senior management
- Systems of control: key requirements and reasons for failure
- The control environment: management reports and board assessments
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| Course summary and close |
- Sources of support and information
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Contact us now... to book a New Director briefing session. Also available as an in-house course.
CTP Global - Good Governance: Great Performance
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