Professionalising independent directorship

INDEPENDENT directors (IDs) play an important role in the corporate governance of companies, both private and public. They are engaged to bring objectivity to the oversight function of the board and improve its effectiveness in ensuring optimal outcomes for the company.

Higher demands on IDs

To effectively navigate the challenges and sensitivities of their role, IDs must be independent minded but also able to operate as team players. They must have an adequate breadth of experience.

Besides having specific industry experience, IDs are expected to possess sophisticated communication skills; be self-confident without being dogm…