The independent non-executive director in the financial services industry - IFSC.ie

Date: 04 May 2011

Central to a fully functioning and balanced board is the presence of non-executive directors. Under the new Corporate Governance Code for Financial Institutions and Credit Undertakings introduced by the Central Bank at the end of 2010, regulated institutions are now required to have a minimum of two independent non-executive directors in place on their board by the end of the year.

Thora Mackey, Head of the Boardroom Centre at the Institute of Directors in Ireland looks at the role and importance of the non-executive director, particularly in the financial services sector.

Click here to read her article on IFSC.ie

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