- This topic has 2 replies, 2 voices, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
PQ Awards Nominations
Please help us to win one of the PQ Magazine awards and send in the voting form >>
You can nominate us in any or all of the following categories: Online College of the Year, Study Resource of the Year, Private Sector Lecturer of the Year, and Accountancy Personality of the Year.
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
“The role of the nomination committee is to decide on appointments of board directors and senior management. This is to ensure the best person for the job is recruited. The majority of this committee should be independent NEDs.”
maam why should just MAJORITY be NEDs? Should not the entire nomination committee be comprised of independent NEDs? who else could be more unbiased than independent NEDs?
surely it can’t be the Board members or directors appointing themselves by remaining a minority and liasioning with some independent NEDs!
Decisions are usually based on majorities – not unanimity – so there’s no need for committees to be 100% independent non-executive.
I don’t understand your 2nd post – if someone could come to “an arrangement” with an independent NED I suggest that NED cannot be independent!