The Board Masterclass - Key developments affecting board directors

United Kingdom | Wednesday 13 Mar 2019

£375 (excl. VAT)

Speakers:

  • Robert Maddox

    Robert Maddox

    Debevoise & Plimpton

  • Simon  Witney

    Simon Witney

    Debevoise & Plimpton

  • Jane Shvets

    Jane Shvets

    Debevoise & Plimpton

in association with
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Overview

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.

Benefits

  • 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

Content

Corporate Governance

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.

Climate change

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.

Speakers

  • Robert Maddox

    Robert Maddox

    Associate
    Debevoise & Plimpton

    See bio
  • Simon  Witney

    Simon Witney

    Special Counsel
    Debevoise & Plimpton

    See bio
  • Jane Shvets

    Jane Shvets

    Partner
    Debevoise & Plimpton

    See bio
  • Nora Sherman

    Nora Sherman

    Senior Manager - People Advisory Services
    EY

    See bio
  • Margaret-Ann Splawn

    Margaret-Ann Splawn

    Executive Director
    Climate Markets & Investment Association (CMIA)

    See bio
  • Wendy  Miles

    Wendy Miles

    Partner
    Debevoise & Plimpton

    See bio
  • Lesley  Stephenson

    Lesley Stephenson

    Publisher
    FT Non-Executive Directors' Club

    See bio
  • Steve Playford

    Steve Playford

    Global Director
    FT Career Management

    See bio

Venue

Contact us

FT NED Administrator (UK)
Administrative and booking enquiries
FT Non-Executive Director Programme

See Also