News

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

Will Bitcoin ‘Uptober’ bring gains for MKR, AAVE, RUNE and INJ?
Trump lawyer argues with judge at start of $250 million fraud trial in New York
After months of debate, Massachusetts primed to pass tax relief package
Munis outperform UST selloff
Muni market keeps wary eye on likely government shutdown