Newsletter
Independent Director: bringing value to the Board
Robust corporate governance systems lead to increased long term financial success. Companies or Funds with strengthened corporate governance systems count Independent Directors in the Boards.
Independent Non-Executive Directors bring value to the Board:
- Offering an outside perspective as well as an independent and objective view on strategy and control.
- Reducing risk by helping balance risk taking and risk avoidance, as well as increasing the transparency of information between the leadership, the Board and the stakeholders (asset managers, custodians, fund administrator, TA, investors, etc.).
- Better decision making as they will ensure avoidance of political business decisions.