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Expecting The Unexpected

How NEDs can be better informed In an ever-evolving risk landscape and prepare themselves for the unexpected


The role of the Non-Executive Director (NED) is often described as that of the guardian of good governance, providing guidance to the board from a position of specialist knowledge and experience outside of the day-to-day running of the company.

A recent webinar run by Kroll and NEDA considered how boards and NEDs were dealing with the potential threats to their corporate reputation, especially the potential risks they faced from within.

As part of the webinar, a survey of NEDs was conducted, and as background, the survey indicated that over 90% of NEDs felt the role enhanced their professional reputation in some way; however, over 80% felt the risks associated with the role had increased over the past three years. Strikingly, less than 40% felt that risk management was well represented in their boardroom, and just over 40% rely on themselves to remain informed of the evolving risk landscape, highlighting the challenge faced by NEDs operating in today’s increasingly broadening corporate risk landscape.

Read the full webinar output using the download link above. 


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