News

Letter: Holding the FT to its word on non-executive directors

I was surprised to read Jonathan Guthrie’s statement that “good governance . . . prescribes box ticking over the independence of non-executive directors and similar matters of little significance” (“ESG category errors need unbundling for ethical investors”, Opinion, April 5).

Especially when the FT’s own non-executive director (NED) diploma — quoting from Sir David Walker’s “Review of Corporate Governance in UK Banks and Other Financial Industry Entities” (2009) — emphasises to students the importance of having NEDs who exhibit “the quality of independence of mind and spirit, of character and judgment . . . to bring effective and constructive challenge to the board’s decision-taking process”.

Julia Smithers Excell
Cohort 46, FT NED Diploma
Guildford, Surrey, UK

Articles You May Like

Muted reaction to FOMC, Powell as munis contemplate future hikes
Girls, young women want to be homeowners by age 30, study finds. Here’s how they can achieve that goal
Stocks making the biggest moves midday: Instacart, Steelcase, Klaviyo and more
Muni outflows hinder ample cash ready to be deployed
How To Find A Highly Ethical And Professional Broker