BusinessCompany NewsHewitt points to review of non-execs’ role

Hewitt points to review of non-execs' role

Trade and Industry secretary Patricia Hewitt has signalled the need for a government review into securing improved performance by indenturing non-executive directors.

She told the Commons the government believed effective non-executive directors had a key role to play in contributing to the success of their companies.

And she added, in reply to a question from Edinburgh North and Leith Labour MP Mark Lazarowich: ‘This is an area where the government believes there is room for improvement.’

Hewitt said her department ‘regularly discusses this issue with institutional investors and other leading business organisations, and recognises and appreciates the work they do in raising the effectiveness of non-executive directors.’

She said the Myners review highlighted the importance of non-executive officials.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor