The NED’s Role When a Company Faces Insolvency or Financial Distress
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub Most of a non-executive director’s work is done when the company is healthy — overseeing strategy, challenging management, strengthening governance. But the moment that tests a board most is the …
What to Ask Before Joining a Board: A Due-Diligence Checklist for Incoming NEDs
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub When a board offers you a non-executive seat, it is flattering, and the instinct is to accept. But a NED appointment is a two-way assessment. The board is deciding whether …
D&O Insurance for Non-Executive Director
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub Most non-executive directors understand, at least in outline, that the role carries personal responsibility. Fewer understand exactly how they are protected against it. Directors’ and officers’ liability insurance — almost …
What Is a Senior Independent Director (SID)?
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: A senior independent director — usually shortened to SID — is an independent non-executive director appointed to a specific additional role on the board: to act as a …
Do Private and Family Businesses Need a Non-Executive Director?
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: Private and family businesses are not legally required to appoint a non-executive director, and many run successfully for years without one — but a growing number are choosing …
How a NED’s First 100 Days Should Look: Onboarding onto a Board
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: The first few months in a new non-executive role set the tone for everything that follows, and starting well is a matter of deliberate effort rather than luck. …
What Is a Nomination Committee, and How Does It Choose New Directors?
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: A nomination committee is the committee of the board responsible for the composition of the board itself — leading the process of appointing new directors, planning for orderly …
How Board Effectiveness Reviews Work and What They Mean for Your Board
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: A board effectiveness review is a structured evaluation of how well a board is working — its composition, its dynamics, its processes and its contribution to the organisation’s …
Non-Executive Directors on Charity and Not-for-Profit Boards: What’s Different?
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: Serving on the board of a charity or not-for-profit organisation is in many ways similar to a company non-executive role — it calls for the same independent judgement, …
What Is a Remuneration Committee, and What Does Its Chair Do?
By Adrian Lawrence FCA, founder of NED Capital · Part of the Board Governance Hub In short: A remuneration committee is a committee of the board, made up of independent non-executive directors, responsible for setting and overseeing the pay of a company’s executive directors and …


