Guernsey board chairmen on director selection

In February The NED listed 23 Guernsey domiciled funds that have outstanding boards. The criteria used for selection is the same as has also been applied in this issue for Irish fund boards and, in January, for those domiciled in Jersey.

The boards commended in Guernsey are those that are transparent with information regarding who sits on the board. In particular, The NED has looked for fund boards that include independent directors with variety of complementary skill sets, a great of experience and, preferably, people with investment and/or risk capabilities. Often, but not always, the most impressive boards are also those with the highest levels of remuneration for their independent directors.

For more of this story see the March issue of The NED.