Non-Executive Director

Today, it is widely accepted that non-executive directors have an important contribution to make to the proper running of companies and, therefore, more widely to the economy at large. As the Cadbury Report said, they “should bring an independent judgement to bear on issues of strategy, performance and resources including standards of conduct”.
NEDs are usually chosen because they have a breadth of experience, are of an appropriate calibre and have particular personal qualities. Of the utmost importance is their independence of the company management and any of its ‘interested parties’. This means they can bring a degree of objectivity to the board’s deliberations and play a valuable role in monitoring executive management.