The Board Masterclass - Key developments affecting board directors
The first course in a series of half-day workshops designed for professionals with board experience who are interested in staying up to date with the latest developments which affect their board roles.
The workshop is designed to be interactive and is run by recognised experts in their field.
The sessions are followed by networking drinks to give you the opportunity to meet informally with our speakers and fellow delegates.
Attendance at each workshop will entitle attendees to receive a special FT NED Programme Board Masterclass Certificate of Continuing Professional Development for 5 hours of structured learning.
- Stay abreast of recent key developments and their implications for board members
- Ensure you are fully able to contribute effectively to any board
- Be sure that you are fully aware of your current responsibilities
- Learn from expert speakers who can combine theory and practical knowledge of their topic
- Engage in practical and interactive workshops
- Improve on your personal board skills and judgement
- Benefit from networking with peers during the case study and at the post Masterclass reception
The 2018 UK Corporate Governance Code made significant changes to governance for UK listed companies which all directors need to know and understand. It adds substantially to the responsibilities of individual directors and moves away from a compliance, box-ticking approach towards a much more considered approach to good governance. The Code includes deliberation of: board responsibility for workforce policies and practices which reinforce a healthy culture; requirements to ensure employee and wider stakeholder engagement and to report on how that has been done; emphasis on the importance of independence and constructive challenge in the boardroom; a focus on diversity and effective board refreshment; including giving the nomination committee responsibility for more effective succession planning that develops a more diverse pipeline; reporting on the gender balance of senior management and their direct reports.
Investor demands for climate change–related reports and risk disclosures in public filings are sometimes dismissed as socially or politically driven, but for many companies, the impact of climate change may pose genuine business risks that, like any other material risk, must be disclosed to investors. Understanding the impact that climate change and other environmental issues may have on a business can be complicated—especially given that many impacts of climate change are not immediately ascertainable, and some may only apply in the distant future.
Current remuneration issues
Remuneration is always a hot topic and the 2018 Corporate Governance Code introduced more demanding criteria for remuneration policies and practices. These include: clearer reporting on remuneration, how it delivers company strategy, long-term success and its alignment with workforce remuneration; an emphasis on directors exercising independent judgement and discretion on remuneration outcomes, taking account of wider circumstances; and the provisions that remuneration committee chair should have served on a remuneration committee for at least 12 months.
Cybersecurity and GDPR issues for board members
For the first time, GDPR focuses the cybersecurity issue personally and directly on board members. Outside directors are also included and there is almost no way to deflect this focus to absolve board members of responsibility. GDPR leadership has to start from the top: the board must move from being merely ‘observers’ to being the leaders of cybersecurity practices. This session will provide essential information on cyber security and GDPR to help directors to identify the right competencies needed to understand cyber-related and GDPR-related risk, and equip them to challenge management about relevant actions and controls.
Practical case study
The final Case Study will give delegates an opportunity to reflect on the developments they have learnt about during the day and to discuss with fellow delegates how they might impact an organisation in a given situation and what actions that organisation might take in response.
Special CounselSee bio
Debevoise & Plimpton×
Debevoise & Plimpton
Simon Witney is a Special Counsel based in the London Office of Debevoise & Plimpton. Simon is one of the market’s most prominent private equity lawyers and Private Equity International has named him one of the 30 most influential lawyers in global private equity.
Simon is a regular speaker and commentator on company law, corporate governance and regulatory matters, and has advised private equity clients as well as the UK Government on a wide range of fund and transactional matters over the last two decades.
Simon has served in senior positions within the British Private Equity and Venture Capital Association (BVCA) over a number of years. He is currently a member of the BVCA Council, which is responsible for its strategic direction and oversight, and previously chaired the BVCA’s Legal and Accounting Committee. He is also a past Chair of Invest Europe’s Tax, Legal and Regulatory Committee and has been a member of the Emerging Markets Private Equity Association’s Legal and Regulatory Council.
Simon holds a PhD in corporate governance from the London School of Economics, where he also teaches company law and private equity.
Debevoise & Plimpton×
Debevoise & Plimpton
Jane Shvets is a partner in Debevoise & Plimpton’s London office who plays a leading role in their Cybersecurity & Data Privacy and White Collar practices. Ms. Shvets’ practice focuses on white collar defense and internal investigations, in particular regarding compliance with corrupt practices legislation, as well as compliance assessments and data protection and cybersecurity matters. She has significant experience in global compliance advice, with a particular emphasis on foreign corrupt practices legislation, EU data-protection and data-transfer issues, and managing cross-border data flows associated with complex multinational litigations and investigative matters.
Ms. Shvets has also represented a variety of US and foreign corporate clients in complex litigation and international arbitration matters, with a particular emphasis on Eastern Europe and Russia. She has represented clients in various industries, including private funds, transportation, natural resources, food & beverage, retail and construction.
Ms. Shvets is a co-chair of the Public Corruption/FCPA Subcommittee of the American Bar Association’s Criminal Litigation Committee. In 2012, she served as a Special Assistant District Attorney at the Kings County District Attorney’s Office in Brooklyn.
Ms. Shvets speaks regularly on white collar, data privacy, and cybersecurity issues including, most recently, at the Cyber Defence Alliance seminar, ABA White Collar Crime Institute, C5 Anticorruption Conference London, GIR Live London, Russo-British Chamber of Commerce, and Anti-Money Laundering Financial Crime Forum.
Senior Manager - People Advisory ServicesSee bio
Senior Manager - People Advisory Services
Nora is a Senior Manager in EY’s People Advisory Services focussing on executive compensation and reward advisory. Nora has provided advice to the Management and Remuneration Committees of UK listed companies across a variety of industries including Technology, Telecommunications, Natural Resources and FMCG. She has advised clients on a wide range of executive pay matters, including Main Board and senior executive pay benchmarking, remuneration strategy, incentive design, corporate governance and remuneration disclosure.
Executive DirectorSee bio
Climate Markets & Investment Association (CMIA)×
Climate Markets & Investment Association (CMIA)
Margaret-Ann Splawn is the Executive Director of the not for profit Climate Markets & Investment Association (CMIA), where she collaborates with companies and governments to develop business that supports sustainable finance and investment. CMIA also provides insight and expertise to board decision making as the Private Sector Observer to the United Nation’s Green Climate Fund and the World Bank’s $8 billion Climate Investment Funds.
Before joining CMIA, Margaret-Ann provided carbon origination, advisory, risk management and procurement services to compliance entities with carbon exposure in the EU ETS. Margaret-Ann has over twenty years’ experience in financial markets trading at a number of leading brokerage firms in bonds, interest rate swaps & options and credit default swaps. She holds a MSc in Environmental Policy and Regulation from the London School of Economics and is a Fellow at the Royal Geographical Society. She completed the FT Non-Executive Director Diploma in June 2018 and works with companies at the board level to develop roadmaps for sustainable business strategies that lead to increased revenue.
Debevoise & Plimpton×
Debevoise & Plimpton
Wendy Miles is a partner in Debevoise & Plimpton’s London office and a member of the International Dispute Resolution Group. Her practice focuses on international arbitration and public international law.
Wendy is recognised as one of the market’s foremost lawyers in the fields of arbitration and public international law. With over twenty years of experience, Wendy has conducted arbitrations under all the major institutions, as well as conducting ad hoc arbitrations and undertaking significant public international law cases. She has advised a wide range of multinationals, sovereign states and state entities.
Wendy represents clients across numerous sectors, including energy, natural resources, gaming, manufacturing, financial services, pharmaceutical, licensing, telecommunications, insurance and construction.
Wendy has published numerous articles and is a frequent speaker on international arbitration issues. Recent articles include “Climate Change Related Financial Risk, Spotlight on Reporting,” Practical Law (May, 2018); “International Boundary Disputes and Natural Resources,” International Arbitration in the Energy Sector (April, 2018); “Waking up to Climate Change: Day-to-day Considerations,” The Drawdown (November, 2017); “Climate Change and Dispute Resolution,” Dispute Resolution International (October 2017); and “Dispute Resolution and Climate Change, the Paris Agreement and Beyond,” ICC Publication (June, 2017).
FT Non-Executive Directors' Club×
FT Non-Executive Directors' Club
Lesley Stephenson is the Publisher of the Financial Times Non-Executive Directors' Club and also of the Financial Times Non-Executive Director Diploma.
She has specialised in corporate governance since publishing the Cadbury Report on behalf of the London Stock Exchange in 1992. Lesley has written for the International Corporate Governance Network (ICGN), the European Corporate Governance Institute and the ICAEW NED Special Interest Group.
She has been the Publisher of the Club since 2003, she was the driving force behind the development of the FT NED Diploma and continues to oversee it.
She also publishes the leading monthly newsletter on corporate governance, Governance, which has been around for over 20 years covering governance developments and best practice world-wide.
Global DirectorSee bio
FT Career Management×
FT Career Management
Steve has 24 years experience in the commercial departments of global news content providers, firstly with The Telegraph Media Group where he ran various vertical sector print and digital publications and latterly with The Financial Times, where he is currently the Global Director of Financial Times Career Management (FTCM). His remit includes the running of exec-appointments.com, the FT Non-Executive Directors' Club and the FT Non-Executive Director Diploma and the Business Education franchise. He has been involved with the FT NED Diploma from conception through to it's current state of being the most recognised, robust and credible formal qualification for independent directors in the world.