Time to promote independent directors

Time to promote independent directors

The NED launches its Selection Intelligence Service

This probably should have been done a long time long ago. But better late than never. It is time to promote the cause of experienced and capable independent fund directors. Whilst they are of considerable benefit to boards and to investors there hasn’t been any overt promotion of their cause up until now.

As The NED covered in some detail in its in July issue (see the ‘Man vs Machine’ cover story) the cause of genuine independent directors has been threatened by some recent market developments. What might be called the ‘machine’ model of fund governance has some superficial attractions, as we covered in July.  At a time when many will be looking to make savings it certainly will have its fans.

To read more about this service see the September issue of The NED.