Boards operate in a continually changing business environment. In order to deal with the challenges this presents, it is essential that the board’s skills and knowledge remain fit for purpose and up to date.
Many national corporate governance codes and guidelines require the induction and ongoing professional development of board members. In the financial sector, many supervisors consider the continuing development of the board’s knowledge, skills and experience to be an essential part of a firm’s responsibilities.
Nestor Advisors has considerable expertise in providing tailor-made training to boards and senior management on corporate governance, internal controls and risk management. Our team includes experienced trainers who have lectured in institutions such as the London Business School, Harvard Kennedy School and the Institut d’Etudes Politiques (Sciences Po) in Paris.
The content and format of each program is determined by the need of the client. For example, for boards of newly listed companies or first-time directors, an understanding of their duties and responsibilities and the challenges they may face in the markets and sectors in which they operate is essential. For more experienced boards, the focus may be more on ensuring that board members’ knowledge remains up to date, including their understanding of changing expectations on the part of regulators, investors and stakeholders.
Recent programs and training topics include:
- Building an effective board
- The board’s responsibilities for ESG
- Risk governance
- Training for bank boards, for whom we have developed a tailored program
- Corporate governance challenges in emerging markets
Our training offering is not limited to individual companies or boards. For example, we have worked with local partners in Turkey, Morocco and Greece to develop specific programs for directors in those countries, and our advisors have trained investment officers and nominee directors in international financial institutions and institutional investors.
For more information on our education and director development services, please click here.