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

Joe Biden claims big campaign money lead over Donald Trump
UK economy grew by 0.1% in February
From climate to cyber to politicization, mega trends impacting municipal market
Yellen warns China of ‘significant consequences’ for Russia support
OpenAI and Meta ready new AI models capable of ‘reasoning’