ESG x Governance (2): Board Level ESG Readiness

This is the second of a series of interviews intended to help our IDN members grapple with the ESG topic.
In this episode, the we look at ‘ESG Readiness’ at non-exec board level, skill gaps, and how to close them.

Federik Otto, Sustainability Boards

Frederik Otto is the founding Executive Director of The Sustainability Board (TSB), an independent think tank that aims to advance sustainable leadership and governance. He has been a leader in consulting multinational companies on organisation and human capital strategy for over 15 years, with a more recent focus on sustainability and ESG. Frederik hosts the ‘Leadership Conversations by TSB’ podcast and further is a member of the Council for Inclusive Capitalism, and a fellow of Salzburg Global Seminar. Frederik has published multiple articles on the Harvard Law School Forum on Corporate Governance, and regularly writes for various other resources.

What is the importance of ESG considerations for a company’s governance and success?

While acknowledging ESG’s importance in corporate success and governance, I believe it doesn’t capture the entire narrative. To make it more tangible let’s capture sustainability by the acronym CHANGE:

  • C = Climate change;
  • H = Human rights;
  • A = AI and emerging technology;
  • N = Nature and biodiversity;
  • G = Geopolitics and conflict;
  • E – Equity, diversity, and inclusion.

All these issues illustrate that we have to go beyond ESG, and it is urgent to consider global impacts beyond our company’s sphere. Even if a business has a small environmental footprint, awareness of climate change and broader factors is crucial.
ESG, viewed as an organisational framework, is valuable for this purpose. It serves as a reporting tool, ensuring accountability and establishing a stakeholder governance framework. ESG criteria should be embraced for technical understanding, as they are essential tools to keep us on track. However, we must also remain mindful of the broader societal factors and dependencies that impact the business.

What is the main takeaway or key learning from this year’s findings in the recently published 2023 Annual ESG Preparedness Report?

Every year we evaluate whether boards have formalised an ESG policy, established a sustainability committee or delegated ESG matters to another committee. We also look at the materiality and quality of their charters, and we analyse board diversity and individual ESG engagement of directors of large, publicly listed entities.
This year our ongoing reporting initiative, in its 5th edition since 2019, reveals both familiar trends and new insights. Positive aspects include a rise in sustainability governance, though the messaging from boards in their disclosures is misaligned. Despite a gradual increase over the years, director engagement on ESG matters seems to be plateauing. The percentage of directors tasked with ESG oversight who are also engaged on the topic has risen from 16% in 2019 to 45% in 2022, and fallen to 43% in 2023 – a worrying trend.
Consistently, women directors play a pivotal role in driving sustainability governance, showing over 60% more engagement than male counterparts. A trend consistent since our first report, and a clear case for more gender equal boards.
We also found that management experience is as a key driver for ESG engagement, with directors leveraging their expertise implementing sustainability strategies in executive roles.
Another trend is the adoption of the increasing articulation of ESG in board policies, particularly among American boards, despite the current political polarisation on the ESG moniker.
In summary, awareness of the need to improve sustainability governance is rising, but engagement is fragmented, and skewed towards women.

What is the key gap in aligning boards with ESG standards, and how can Boards of Directors efficiently enhance their skills in this area? What are the key priorities for Board Chairs in this context?

Indeed parts of our research focus on assessing individual board member engagement on ESG. Using a simple checklist across all of the past five years, we find three key criteria for ESG engagement.

  1. Firstly, business experience, like executive or non-executive involvement in sustainability strategies or governance.
  2. The second criterion is personal or non-business experience, such as engagement with relevant non-profits.
  3. The third point is formal education or certification in sustainability, or being a thought leader on the topic.

No hierarchy exists among these criteria, and in our opinion experience can be gained through various avenues. ESG engagement signifies personal commitment, either visible through public engagements like conference and round table attendance, thought leadership on social media, or communicating the business strategy actively in board disclosures or on capital markets days. The level of formal education required depends on the board’s complexity.
As for the role of the chair leading on ESG engagement, jurisdiction surely matters, with American chairs still often doubling as CEOs. Here the role of the Lead Independent Director is just as important. This said, assigning too much accountability on one person should be avoided. The chair, especially if independent, is vital in holding the board as a system together, facilitating resource allocation, enabling committee formation, and overall governance of sustainability. The key is ensuring cohesive board operations with checks and balances for effective sustainability governance.

How do sustainability practices of privately owned or family companies compare to large publicly traded companies, considering the report’s emphasis on the latter?

I’m also an investor in a fast-growing, private UK startup in the food industry, and can see the different governance dynamics very closely in comparison to large public enterprises. For a start, private entities, unlike public companies, have fewer and more personalized interactions with stakeholders, especially investors. The accountability is simply to less people and entities, with private companies generally smaller and less rigorously regulated. That also makes gathering data on sustainability more manageable. Structurally, most private companies aren’t burdened with the same disclosure and reporting requirements as public counterparts. However, they can learn from ongoing standardization efforts and voluntary adopting sustainability governance practices.
Family businesses have a unique opportunity to drive sustainability, especially during generational succession. Newer generations are attuned to sustainability concerns and aim to build a positive legacy. Family businesses can leverage their organization’s might beyond philanthropy, acknowledging and reconciling with, say, environmental impacts caused in the past. Decision dynamics within family businesses, public or private, allow faster implementation of sustainability initiatives compared to non-family controlled companies.


The interviewer: 

Dr. Pamela Ravasio, Shirahime

Dr. Pamela Ravasio is the founder and managing director of Shirahime Advisory, a Corporate Responsibility Governance boutique consultancy. She serves as fractional Chief Sustainability Officer for companies and advises boards on ESG and governance. With a background in roles like Global Stakeholder Manager, she played a key role in making the European outdoor industry a leader in future-proofing.
She currently sits on the boards of Polygiene AB and INSEAD’s International Directors Network.

ESG x Governance (1): The Pulse of EU Regulation

This is the first of a series of interviews intended to help our IDN members grapple with the ESG topic. Given the recent  importance of EU regulation in the area of ESG, and reporting specifically, we chose to conduct the first such interview with a truly long-standing expert in the matter.

Pascale Moreau, Ohana Public Advisory

Pascale Moreau is a seasoned professional with over 15 years in public affairs across diverse industries including textiles, ICT, and healthcare.
As an active citizen and nature enthusiast, she specializes in sustainable development strategies and adeptly navigates complex legal landscapes. Throughout her career, Pascale has excelled in facilitating discussions, bridging differences, and guiding stakeholders toward common goals, driving positive changes. In 2019, she founded Ohana to help companies formulate sustainable development strategies tailored to their markets’ challenges and opportunities.

In your view, drawing on your experience, what is the essential role of a board of directors in public affairs and policy engagement?

In the realm of public affairs, the pivotal role of shaping strategy is essential for aligning agendas with business needs, extending its impact to associations and multi-stakeholder initiatives. The Board of Directors plays a crucial role in navigating this landscape, bridging internal workings with external dynamics. Larger organizations in familiar sectors often designate roles within the Board for public affairs, while in newer sectors, its introduction is met with urgency and the need for preparedness.
In my experience, organizations attuned to public affairs quickly respond to its nuances, ensuring the Board is well-versed. During the 2017-2019 transition, this was evident in the textile industry. In multi-stakeholder initiatives, boards may appoint a specific individual for public affairs, but their effectiveness relies on influence and the ability to drive recommendations, contributing substantively to boardroom decision-making.

You mentioned the unique default structures in different industries, particularly noting the relatively recent engagement of the textile industry. From a European standpoint, which industries have historically been firmly established in public affairs, and, in broad terms (excluding specific businesses), which ones generally demonstrate a greater inclination for such engagement?

In sectors like ICT and electronic equipment, a sustainability lens is integral, driven by long-standing regulation. Leadership in these industries comprehends the importance of sustainability investments. Similarly, food, beverages, and agriculture, well-represented in Brussels, showcase heightened awareness and robust organizational structures. Operational roles handle day-to-day tasks, but top executives from these sectors take the lead in significant events like COP 28, indicating maturity in global sustainability engagement.
Conversely, some sectors, like textiles, historically lagged in sustainability but are now catching up. This observation highlights a proactive stance in regulated industries, contrasting with a slower initial embrace in sectors like textiles.

How can boards of directors augment their capabilities, particularly in the context of public affairs and policy development, building upon our recent discussion?

In organizations with dedicated public affairs teams, fostering collaboration is crucial. Spending quality time with the head of public affairs and national teams in key markets ensures a nuanced understanding of legislative landscapes, focusing on areas like sustainability, trade, and digital domains. Regional nuances in public affairs, whether in the US, EU, or Asia, underscore the importance of engaging with governments, even where public affairs practices may be less prevalent, as such engagements yield tangible business impacts.
Promoting dialogue between business and public affairs professionals, especially in the same room, facilitates mutual education on legislative changes’ financial and strategic implications. For organizations without a dedicated public affairs team, integrating this perspective into MBA programs ensures early recognition of the broader business advantages of engaging with stakeholders. Seeking insights from organizations with established public affairs functions or hiring specialized consultants becomes invaluable in navigating an evolving landscape, emphasizing collaborative stakeholder engagement for a sustainable future.

What are your anticipations for policy trends in the mid and long term, both globally and within Europe? How do these expectations influence the role of a board of directors?

Navigating policy expectations, especially in the realms of digital and sustainability, proves challenging, signaling heightened regulations for industries like textiles. In the mid-term, the EU Green Deal holds significance, serving as a foundational benchmark. For businesses, compliance with voluntary legislation becomes a pivotal board-level decision, prompting a comprehensive reevaluation of processes and external communication to shareholders about the nuanced balance between profitability and compliance.
In the long term, the momentum for sustainability initiatives persists, albeit with a potential EU-level slowdown for implementation focus post-2024 elections. Businesses seek guidance for compliance, placing the Board of Directors in a central role to identify hotspots and manage risks during implementation. Globally, Europe’s lead in sustainability trends, such as extended producer responsibility, might influence global replication. The Board’s responsibility extends to understanding and supporting the entire supply chain, allocating funds for implementation, and advocating for a smooth transition, emphasizing a holistic, 360-degree perspective for a sustainable future.

In your view, what are the primary priorities for boards of directors in the short term, specifically in 2024? Given the ongoing developments within the EU and globally, what aspects should boards emphasize?

Key directives, namely the Corporate Sustainability Reporting Directive (CSRD) and the European Corporate Sustainability Due Diligence Directive (CSDDD), are currently at the forefront, emphasizing due diligence. Despite potential reductions in board liability in the CSDDD, companies must exhibit due diligence for responsible business recognition. The Board of Directors holds a pivotal role in shaping policies and driving transformative change in response to these directives.
The Taxonomy Regulation, initially perceived as relevant mainly to investors, extends its reach to companies, notably impacting the Board of Directors engaged with investors. Mandating reporting on investments, it requires the Board to establish proper reinvestment processes, accentuating its role in driving impactful change.
In 2024, a crucial year of transition in the EU, marked by elections and industry reevaluation, significant legislative changes are anticipated. The Board must proactively address this, allocating resources and initiating comprehensive compliance projects for short-term action. Obtaining insights from public affairs or legal teams is crucial for informed business decisions, not only within the EU but also globally, emphasizing the paramount role of the Board in navigating evolving regulations.

Concerning directors’ liability, particularly amid the ongoing deliberations on the European Due Diligence Directive, where does this aspect align within the broader European legislative framework you are navigating?

The Corporate Sustainability Due Diligence Directive (CSDDD) represents a significant move by the EU to hold businesses accountable for their social and environmental impacts. While the official text is pending, a crucial political agreement was reached in December 2023, with finalization expected in Q1 2024. The scope of the directive includes companies with 500+ employees or a global annual turnover of 150+ million and those with 250+ employees and a turnover of 40+ million in high-risk sectors like textiles, food, and minerals. The construction sector is also under consideration for inclusion. Parent companies of large groups and non-EU companies meeting turnover thresholds in the EU are encompassed, while the financial sector is partially included, focusing on “upstream” due diligence and climate-related obligations.

A key feature is the requirement for companies to adopt a climate plan aligned with the Paris Agreement. Compliance with the Corporate Sustainability Reporting Directive (CSRD) is linked to the adoption of CS3D climate plans. Larger companies, with over 1000 employees, can tie additional financial incentives, such as variable remuneration, to plan fulfilment. The directive introduces civil liability for damages caused by a company through intent or negligence, with a minimum 5-year limitation period. Notably, director duties have been deleted from the provisions. While these provisional agreements provide a framework, the final text is pending, and technical meetings are scheduled to address open questions, with the European Parliament voting in plenary in April and Council approval anticipated in April/May. The financial sector’s extent of inclusion and additional details may be refined in the final legislation.

You noted an anticipated release of a substantial volume of legislation at the end of Q1 or the beginning of Q2 2024. Could you offer an overview, at least by name, of the key legislations you expect to be significant?

In 2023, notable sustainability regulations reached finalization, including the Deforestation Regulation, EU Corporate Sustainability Reporting Directive (CSRD), and Empowering Consumer Directive. While the Empowering Consumer Directive’s final text is pending, an agreement outlines a framework for sustainability communication. Anticipated finalizations in Q1-Q2 before the EU elections include the Packaging Regulation, Forced Labour measures at the EU level, Eco-design Legislation, and the Right to Repair. However, advanced regulations like Green Claims Directive and the Waste Framework Directive are unlikely to be finalized.
The urgency to avoid disruptions before the elections is evident, even if subsequent guidelines and secondary legislation are needed for clarity and refinement.

How should the Board of Directors respond when companies see impending policy and legislative changes, particularly related to ESG, solely as compliance requirements rather than strategic opportunities?

The establishment of common rules marks a satisfying moment, potentially mitigating free rider issues. Anticipating stress among companies, a crucial response involves creating a compliance team and undertaking a comprehensive compliance project. This intricate exercise requires mapping sustainability, digital, and trade considerations, necessitating a dedicated individual reporting directly to the Board of Directors. The seriousness of compliance is underscored by its potential impact on the business’s existence, demanding a proactive stance and ongoing commitment, especially in allocating resources and enhancing IT infrastructure. Ensuring the board’s dedicated focus is crucial, with potential reconsideration of its composition if necessary, reflecting a commitment to evolving landscape expectations until 2028-2030.


The interviewer: 

Dr. Pamela Ravasio, Shirahime

Dr. Pamela Ravasio is the founder and managing director of Shirahime Advisory, a Corporate Responsibility Governance boutique consultancy. She serves as fractional Chief Sustainability Officer for companies and advises boards on ESG and governance. With a background in roles like Global Stakeholder Manager, she played a key role in making the European outdoor industry a leader in future-proofing.
She currently sits on the boards of Polygiene AB and INSEAD’s International Directors Network.

43 New board positions for IDN members

Members Board & Corporate Governance Positions Announcement March to August 2023

INSEADs International Director Network, IDN, is proudly sharing the recent appointments of board and corporate governance positions of our members, truly recognizing our members and the strength of our IDN network.

IDN members have been appointed to 43 new board positions in 15 countries, summing up to 728 position announcements in the last 5 years.

As a member of IDN, the network of INSEAD International Board Directors, with full membership open to all INSEAD Alumniwith appropriate directorship experience and which is automatic for Certified Directors (IDP-C) from INSEADs International Directors Program (IDP), you can be truly proud of your network!

You find the IDN members with new board positions below, and why don’t you help share our network’s achievement via Linkedin, to help position also yourself and your membership of a vibrant network via this LinkedIn Post.

And take the time to connect with your fellow IDN members at LinkedIn and expand your board contacts, by clicking their names below and connect with them!

IDN works closely with INSEAD Corporate Governance Centre, which undertakes cutting-edge research and teaching tailored to the needs of boards and international directors. It fosters a global dialogue on the challenges of corporate governance and leadership in an international context.

 

INSEAD Directors’ Network – Members New Board & Corporate Governance Positions

 IDN members – Certified IDP-C Board Directors

Jan Holm – https://www.linkedin.com/in/janholm1/ March 2023 – Independent Non-Executive Director, Chairperson of the CSR Committee (Sustainability and Health & Safety),  Member of the Audit & Risk Committee and Transformation Committee (Strategy and Merger Integration) at Seatrium Ltd (Listed, Singapore)

Michael Hilb – https://www.linkedin.com/in/michaelhilb/ July 2023 – Member of the Global Governance Committee of ICGN (NGO, United Kingdom)

Karen Thomas-Bland – https://www.linkedin.com/in/karenthomas-bland/ June 2023 – Chair of Archus Ltd (Private Equity, United Kingdom)

Harald Eisenaecher  – https://www.linkedin.com/in/harald-eisenaecher-b571b6/ Sep 22 – Non-Executive Director at EasyJet plc (Listed, United Kingdom)

Fennemiek Gommer – https://www.linkedin.com/in/fennemiekgommer/ August 2023 – Non Executive Board Director at Facilicom Group (Family-owned, Netherlands)

Eric Magrini  – http://www.linkedin.com/in/magrini-eric-241a0715 December 2022 – Chairman of the Audit Committee at Perfetti Van Melle Group located in Luxembourg (Private, Italy & Netherlands)

Eve Bourdeau – https://www.linkedin.com/in/evebourdeau January 2023 – Chairwoman at Orange Nadacia (NGO, Slovakia)

Dominic Gaillard –  April 2023 – Board member at bvv Asset Management AG (Private, Switzerland)

Lee Meng Tat – https://www.linkedin.com/in/meng-tat-lee-2531582/ June 2023 – Independent Board Director at Delfi Limited (Listed, Singapore) | April 2023 – Chairman at Singapore Cancer Society (Charity, Singapore)

Stefan Buser –  http://www.linkedin.com/in/busermanagement March 2023 – Non-executive Member of the Foundation Board and Head of the Finance Committee at Hard Foundation, Birsfelden Retirement Center (Private, Switzerland)

Andy Schwarzenbach – https://www.linkedin.com/in/schwarzenbach/ June 2023 – Chairman at Kleiner Jung AG (Private, Switzerland)

Konstantinos Yazitzoglou – https://wwww.linkedin.com/in/konstantinos-yazitzoglou/ June 2023 – Chairman of BoD at Greek Mining Enterprises Association (Professional Association, Greece)

Donough Tierney – https://www.linkedin.com/in/donough-tierney/ August 2023 – Board Director at We2Sure Ltd (Private, Ireland)

Monica Porfilo – https://www.linkedin.com/in/monica-porfilio-82925358/ June 2023 – Non-Executive Board Director at CVC Capital markets S.à r.l. (Private, Luxembourg)

Elena Pistone – https://www.linkedin.com/in/elena-pistone-b8032920/ March 2023 – Chair of the ICT Group at Confindustria Canavese (Confederation of Italian Industry) | April 2022 – Non Executive Director of the Board, Non Executive Director of the Nomination and Remuneration Committee, Non Executive Director of the Sustainability Committee, appointed Chair in January 2023 of the Related-Party transaction Committee at REVO Insurance (Listed, Italy)

Bas Boots – https://www.linkedin.com/in/basboots/ March 2023 – Board Member at Social Historical Center for Limburg (Private, Netherlands)

Katia Ciesielska – https://www.linkedin.com/in/katiaciesielska/ April 2023 – Non-Executive Director at European Capital Solutions GP (part of Deutsche Bank group), (Private, Luxembourg)

Anne Kayser – http://linkedin.com/in/anne-kayser-861a09181 June 2023 – Non-Executive Board Director at Institut Luxembourgeois des Administrateurs (ILA) , Luxembourg Institute of Directors (Non-Profit, Luxembourg)

Charlotte Pedersen – http://linkedin.com/in/charlotte-pedersen-24874433 May 2023 – Non Executive Director at Air Greenland A/S (Public, Greenland)

Petra Zijp – https://www.linkedin.com/in/petra-zijp/ June 2023 – Member of Supervisory Board at Aflatoun International (NGO, Netherlands)

Dr. Christine Theodorovics  – https://www.linkedin.com/in/ctheodorovics/ July 2023 – Member of the Board at Association des Compagnies d’Assurances et de Réassurances du Grand-Duché de Luxembourg (ACA) (Private, Luxembourg)

Ghislain Le Chatelier – https://www.linkedin.com/in/ghislainlc/ April 2023 – Non Executive Director at Qosmosys (Private, Singapore)

Johan Vermeiren – https://www.linkedin.com/in/johan-vermeiren-423ab61/ April 2023 – Non-Executive Board Member at ACCO Cvba (Private, Belgium)

David Mair – https://www.linkedin.com/in/dfmair/ July 2023 – Advisory Board Member at Board Match-Up Pte Ltd (Private, Singapore)

Sue-Ann Ind – https://www.linkedin.com/in/sue-ann-ind/ March 2023 – Non-Executive Director at Sovereign Pension Services (UK) Ltd (Private, United Kingdom)

Ram Mohan – https://www.linkedin.com/in/rmohan/ April 2023 – Board Member at Penn Community Bank (Private, USA)

Jim Strang – https://www.linkedin.com/in/jmnstrang/ April 2023 – Board Director at Pictet Alternative Advisers SA (Private, Switzerland)

 

IDN Members – Board Directors

Susanne Hannestad – https://www.linkedin.com/in/susannehannestad/ June 2023 – Non-Executive Director at Zimpler AB (Private, HQ Sweden)

Roy Ling – https://www.linkedin.com/in/roycyling/ August 2023 – Independent Director and AC Chairman at VinFast Auto Ltd (Listed, Singapore)

Pernille Dahlgaard – https://www.linkedin.com/in/pernilledahlgaard/ June 2023 – Non-Executive Board Director at Naviair (State-owned company, Denmark)

Sergey Nazarenko – https://www.linkedin.com/in/sergn August 2023 – Non-Executive Board Director at Caspinet BV (Private, Netherlands)

Frederik-Jan Umbgrove – https://www.linkedin.com/in/frederik-jan-umbgrove-93b532/ September 2023 – Chairman of the Risk and Audit Committee of the Supervisory Board at Lloyds Bank GmbH (post-Brexit sub-holding for all continental banking activities of Lloyds Bank Group)  (Listed, United Kingdom) | September 2022 – Board Member/Director Europe at Aston Martin Owners Club  Ltd. (Not Listed, United Kingdom)

Astrid Rauchfuss – https://www.linkedin.com/in/astrid-rauchfuss-6a6143/ January 2023 – Board Member & Audit Committee Chair at Orcan Energy AG (Private, Germany)

Jan De Moor – https://www.linkedin.com/in/jandemoor/ May 2023 – Board member at Fondation contre le Cancer (Charity, Belgium)

Per Jonsson – https://www.linkedin.com/in/per-jonsson-09048a3/ May 2023 – Trustee and non executive director at  Council of Lutheran Churches in Great Britain (NGO, United Kingdom)

Christian Joergensen – https://www.linkedin.com/in/chrjoergensen/ January 2023 – Chairperson at Stibo Complete Group A/S (private, Denmark)

Kirsten Lange – https://www.linkedin.com/in/kirsten-lange-61b396 September 2023 – Non Executive Director at DLA Piper UK LLP (Private, United Kingdom)

Wanching Ang – https://www.linkedin.com/in/wanching-ang-29911aa/ July 2023 – Non Executive Board Director at Keppel Corporation Ltd (Listed, Singapore)

Jan-Paul van Term – http://linkedin.com/in/janpaulvanterm July 2023 – Non Executive Director at Gooisch Leven (Private, Netherlands)

Marta Gómez-Llorente – https://www.linkedin.com/in/marta-gómez-llorente/ March 2023 – Non Executive Director and member of its Audit and Risk committees at CNA Insurance Company Europe (Private, Luxembourg)

Margot Schumacher – https://www.linkedin.com/in/margot-schumacher-7a13999/  July 2023 Member of the Supervisory Board of Eckes AG (Private, Germany)

Previous announcements and more information

Previous board position announcements by shared by IDN;

September 2023  February 2023

For organisations interested in partnering with IDN, please contact IDN President, Helen Wiseman at [email protected]

On Behalf of the INSEAD International Directors’ Network Board

33 New board positions for IDN members

INSEADs International Director Network, IDN, is proudly sharing the recent appointments of board and corporate governance positions of our members from 1 December 2022 to 28 February 2023, truly recognizing our members and the strength of our IDN network.

IDN members has been appointed to 33 new board positions in 13 countries, summing up to 685 position announcements since 2017.

As a member of IDN, the network of INSEAD International Board Directors, with full membership open to all INSEAD Alumni with appropriate directorship experience and which is automatic for Certified Directors (IDP-C) from INSEADs International Directors Program (IDP), you can be truly proud of your network!

You find the IDN members with new board positions below, and why don’t you help share our network’s achievement via Linkedin, to help position also yourself and your membership of a vibrant network via this LinkedIn Post.

And take the time to connect with your fellow IDN members at LinkedIn and expand your board contacts, byclicking their names below and connect with them!

To date, IDP has been completed by 1,827 IDP and IDPB participants, with 1489 certified IDP-C/ IDBP-Cdirectors, and our International Board Network IDN of INSEAD Alumni of 1,570 members.

IDN works closely with INSEAD Corporate Governance Centre, which undertakes cutting-edge research and teaching tailored to the needs of boards and international directors. It fosters a global dialogue on the challenges of corporate governance and leadership in an international context.

 

INSEAD Directors’ Network – Members New Board & Corporate Governance Positions

 IDN members – Certified IDP-C Board Directors

Douwe Bekius – https://www.linkedin.com/in/douwebekius October 2022 – Non-Executive Board Director at NV Schade (Private, Netherlands) | June 2020 – Chair at Trunkrs (Private, Netherlands)

Déborah Carlson-Burkart – https://www.linkedin.com/in/déborah-carlson-burkart/ January 2023 – Board member at N26 Bank (Private, Germany)

Oi-Yee Choo – www.linkedin.com/in/oi-yee-choo-a6b9732/ February 2023 – Board Member at Capitaland Ascendas REIT (Listed, Singapore)

Jean-Philippe Collin – https://www.linkedin.com/in/jean-philippe-collin/ January 2023 – Board Member at CNA (France, NGO) | February 2023 – Board Member at ALTEN (Listed, France)

Pierre Dejoux – https://www.linkedin.com/in/pierre-dejoux-a4417425/ June 2022 – Board member at Chamatex Group (Private Limited, HQ France) | April 2022 – Chairman at Special Olympics France (NGO, HQ France)

Giulia Fitzpatrick – https://www.linkedin.com/in/giuliafitzpatrick/ December 2022 – Independent Non Executive Director at Żabka Group (Private, HQ Luxembourg & Poland)

Jean-Marie Greindl – https://www.linkedin.com/in/jmgreindl/ February 2023 – Member of the BOD at NTF, Propriétaire ruraux de Wallonie (NGO, Belgium) | February 2023 – Member of the BOD at Greencap s.a. (Private, Belgium)

Thomas Huerlimann – https://www.linkedin.com/in/thomashuerlimann22/ January 2023 – Non Executive Director at Hiscox London Market (Private, UK)

Constant Korthout – https://www.linkedin.com/in/constant-korthout-5a87b25/ February 2023 – Non-Executive Board Director and Chair Audit & Risk Committee at Knab Aegon Bank (Private, Netherlands)

Aubry Pierre – https://www.linkedin.com/in/aubrypierre/ January 2023 – Chairman, at Vedihold (Private, Luxembourg) | January 2023 – Independent Director at Advent International Portfolio Companies (Private, Luxembourg) | March 2021 – Board Member at Arianna s.a. SIF (Private, Luxembourg) | March 2022 – Independent Director at AFI-ESCA (Private, Luxembourg)

Helen Pitcher Obe – https://www.linkedin.com/in/helenpitcher/ January 2023 – Chairman at Judicial Appointments Commission (Arms Length Body of Government, UK)

Alex Price – https://www.linkedin.com/in/alex-price-44982b2/ December 2022 – Non Executive Director at CHT Healthcare Trust (Not-for-profit, New Zealand)

Hagen Schweinitz-Krain – https://www.linkedin.com/in/hagen-schweinitz-0b853a178/ December 2022 – Chairman of the Advisory Board at European Women On Boards (NGO, Belgium)

Ronil Sujan – www.linkedin.com/in/ronilsujan January 2023 – Director at Omnivore Agritech and Climate Sustainability Fund (Private, Singapore)

Jeremy Tan – https://sg.linkedin.com/in/jeremytanqw January 2023 – Non-Executive Independent Director at Debao Property Development Ltd (Mainboard Listed, Singapore Stock Exchange) | January 2023 – Non-Executive Independent Director at Dynamic Real Estate Holdings (Mainboard Listed, Singapore Stock Exchange) | January 2023 – Non-Executive Independent Director at Derong Real Estate Holdings (Mainboard Listed, Singapore Stock Exchange)

Jillian van Turnhout – www.linkedin.com/in/jillianvanturnhout/ January 2023 – Independent Chair at Nursing Homes Ireland (Commercial, Ireland)

Helen Zeitoun – www.LinkedIn.com/in/helenzeitoun November 2022 – Advisory Board member at Customer Experience Group (CXG) HQ (Private, Hong Kong)

 

IDN Members – Board Directors

Laurence Amand-Jules – https://www.linkedin.com/in/laurenceamandjules/ December 2022 – Non-Executive Board Director & Chair of the Finance and Audit Committee at Global Alliance for Improved Nutrition (GAIN) (Not for Profit, Switzerland)

Timothy Cosulich – https://www.linkedin.com/in/timothy-cosulich-b07a671 January 2023 – Chair at The International Bunker Industry Association, Global, (NGO, UK)

Erwin Feldhaus – https://www.linkedin.com/in/erwinfeldhaus/ January 2023 – Member of the Board of Advisors at Reckers & Griesbach (Private, Germany)

Christian Joergensen – https://www.linkedin.com/in/chrjoergensen/ January 2023 – Chairperson at Stibo Complete Group A/S (Private, HQ Denmark)

Alexandra Konida – https://www.linkedin.com/in/alexandra-konida-7bab6a89/ January 2023 – Non Executive Member of the Board of Directors and Member of the Investment, Risk and Audit Committees at HCAP S.A.- Growthfund- Hellenic Corporation Of Assets and Participations S.A., (Government owned, HQ Greece)

Steven John Parker – https://www.linkedin.com/in/stevenjohnparker/ January 2023 – Executive Board Member at Plus Value Advisory (Private limited B-Corp, UK)

Laurent-Dominique Piveteau – https://www.linkedin.com/in/ldpiveteau/ January 2023 – Non-Executive Director at OxyPrem AG (Private, HQ Switzerland)

 

Previous announcements and more information

Previous board position announcements by shared by IDN;

February 2023 September 2022 March 2022 October 2021 July 2021 April 2021 December 2020 September 2020March 2020 October 2019 July 2019 February 2019 November 2018 July 2018 April 2018 January 2018 October 2017

For organisations interested in partnering with IDN, please contact IDN President, Helen Wiseman at [email protected]

On Behalf of the INSEAD International Directors’ Network Board

What I have valued from peer-to-peer exchanges

What I have valued from peer-to-peer exchanges

Helen Wiseman
12 September 2023

In 2018 I signed up for INSEAD’s International Directors Program (“IDP”) at the recommendation of some Australian director peers through my membership of Women on Boards.

Naturally, the INSEAD Corporate Governance Centre and its Faculty came highly recommended.  Yet I had not appreciated the breadth and depth of talent in the larger community of peers whose insights, wisdom, fellowship and camaraderie would come to mean so much to me.

A few years ago, I was handed a book called “The Power of Peers: How the Company you Keep Drives Leadership, Growth & Success”.   As the authors state at the outset:

“The truth is, we can help each other in ways we can’t find anywhere else. If you want to grow as an individual, become a better leader, and prepare your organisation to meet the challenges of the future, simply step up your level of engagement with a group of peers you respect and who are committed to the same goals, and watch what happens!”

And this is what my IDP-27 peers gave me (thanks guys!).  On completion of the program, I wanted to continue to be part of this unique community of international peer directors and leaders.  So it was a no-brainer for me to join the INSEAD Alumni and the INSEAD Directors Network (“IDN”) when I became certified as an IDP-C 19.

For me, and in the context of the IDN, a Peer network represents a high-trust relationship with others who have sat at the boardroom table dealing with similar challenging decisions and trade-offs.  Those who have experienced some of my doubts and fears, who have confronted challenging board dynamics and who can share great examples of what has worked well.  Peers who, in one way or another have lived their principles, especially in times of crisis and:

“…at best know in the end the triumph of high achievement, and who at the worst, if they fail, at least fail while daring greatly, so that their place shall never be with those cold and timid souls who neither know victory nor defeat.”

Ok, not every challenge that I might want to run by my peers is of this level of crisis (though I have certainly experienced a few). Rather, when I reach out to my peers, I can take off my armour, confidentially reveal my ignorance despite my boardroom accolades, and ask for help on a particular topic without feeling judged.

Sometimes, the power of peers can be as simple as fellowship – where I can let my guard down, listening to others, and at times, sharing a little dark humour to lighten the load – knowing that it stays in the room. 

My point is that it can be lonely, isolating, confusing, disorienting and sometimes very stressful being a company director or an aspiring company director.  

You can have fantastic governance credentials, but each boardroom is its own case study of unpredictable emergent possibilities and personalities who are often grappling with a volatile, uncertain, complex, hyperconnected, risky and opportunity-laden world.  

How is a Peer different from a Mentor you might ask?  Peers can certainly give mentoring advice, but I see peer relationships as enduring over the long-term, as involving a higher degree of mutual exchange and reciprocity – and even if not directly with each other then certainly within the membership of a network like IDN. 

Lifelong learning is a core tenet of an INSEAD alumnus but that is not enough.  We need trusted peers who we can turn to, to gain other perspectives, to work through or test our own thinking, who may have unique expertise or who can suggest amongst their peers who can help.  

We may want a peer to tell us frankly that we are on the wrong track – or that we are on the right track and here is some added confidence, backbone and messaging that can help us navigate a challenging situation.  

A peer-to-peer exchange can be an effective way of cutting through the tsunami of information, newsletters, webinars etc aimed at the director community to identify those two or three practical actions that can make a tangible difference.  For example, I called upon my IDN peers only recently under Chatham House rules to help me navigate governance oversight of particular cybersecurity challenges directly relevant to specific circumstances on my boards.  It was an excellent discussion. One participant commented along the lines that “if the President of IDN is unsure then it must be OK for me to be unsure”, and promptly signed up for the peer-to-peer exchange.  Ahem, cough….

I also called on a small group of peers to help me frame my approach to a particular board meeting on a very controversial topic knowing that I was going to be heavily challenged for my stance.  

And some years ago, I reached out to peers to help me navigate one of the most stressful board situations of my life, the experience of which is super relevant in today’s capital constrained environment.

I volunteered to be President of the INSEAD Directors Network due to my firm belief in, and my experiences of the power of peers.  I saw the spirit of it in the monthly peer mentee discussions that forms part of the INSEAD Director Mentoring Program, as well as my own ability to reach out and get peer input when I have needed it.

Because I expect that I am not the only one who sometimes feels lonely, isolated, confused, disoriented and sometimes very stressed in my role as a company director.  

So on this Global INSEAD Day, I am reaching out to each of you as a peer, to extend the hand of confidential non-judgemental help; and to invite you, through the IDN Linkedin Group, to propose a small group confidential peer-to-peer exchange on a topic or challenge that is relevant to your current situation where you might need (or crave) help.  

It could be a challenge that is resolved in the space of an hour, or the peer-to-peer exchange could take the form of a regular forum to catch up around a particular theme.  From my experiences, there is enough in, say, navigating boardroom dynamics, or in the Audit and Risk Committee arenas to create valuable peer discussions, let alone in the many other domains that form life in the boardroom.  

Whilst these peer-to-peer exchanges span the global nature of our network, there may be topics that are specific to a region, in which case, our IDN Ambassadors are your peers who may also be able to assist.

Happy Global INSEAD Day.  May the power of peers be with you!

…Oh, and whilst I have your attention, does anyone have experiences of executive incentive programs (i.e. short-term and long-term incentives) backfiring in unexpected ways and the lessons learnt therefrom?  If so, please flick me a message on Linkedin and I will get a peer-to-peer exchange set up!

[1] The Power of Peers: How the Company You Keep Drives Leadership, Growth & Success” Leon Shapiro and Leo Bottary, Routledge, April 2016
[2] IDN membership welcomes all INSEAD Alumni interested in governance and directorship, not just IDP-Cs.

60 new board positions for IDN members

INSEAD’s International Director Network, IDNis proudly sharing the recent appointments of board and corporate governance positions of our members from 1 July 2022 to 30 November 2022, truly recognizing our members and the strength of our IDN network.IDN members has been appointed to 60 new board positions in 18 countries, summing up to 652 position announcements since 2017.As a member of IDN, the network of INSEAD International Board Directors, with full membership open to all INSEAD Alumni with appropriate directorship experience and which is automatic for Certified Directors (IDP-C) from INSEADs International Directors Program (IDP), you can be truly proud of your network!You find the IDN members with new board positions below, and why don’t you help share our network’s achievement via Linkedin, to help position also yourself and your membership of a vibrant network via this LinkedIn post.And take the time to connect with your fellow IDN members at LinkedIn and expand your board contacts, by clicking their names below and connect with them!  To date, IDP has been completed by 1,827 IDP and IDPB participants, with 1,489 certified IDP-C/ IDBP-C directors, and our International Board Network IDN of INSEAD Alumni of 1,562 members.IDN works closely with INSEAD Corporate Governance Centre, which undertakes cutting-edge research and teaching tailored to the needs of boards and international directors. It fosters a global dialogue on the challenges of corporate governance and leadership in an international context.INSEAD Directors’ Network – Members New Board & Corporate Governance Positions 

IDN members – Certified IDP-C Board Directors

Denise Koopmans – http://linkedin.com/in/denisekoopmans January 2022 – Non-executive director, Chair audit committee at Cicor Group (Listed, HQ Switzerland) | January 2022 – Member strategic advisory board at Boards Impact Forum (NGO, HQ Sweden)

Doris Tomanek – https://www.linkedin.com/in/doris-tomanek-68422b13 July 2022 – Deputy Chairwoman of Audit Committee at UniCredit Bank Austria (Austria) | November 2022 – Member of Supervisory Board at Sparkassen Prüfungsverband, (Austria) | July 2022 – Member of the Supervisory Board at UniCredit Bank Austria AG (Private, HQ Austria) | May 2022 – Advisory Board Member at FinAngel GmbH (Private, HQ Austria)

Gauthier de Biolley – https://www.linkedin.com/in/gauthier-de-biolley-7b9b355/ May 2022 – Co-Chairman at Canada Belgium Committee (Private, HQ Brussels & Montreal)

Marcia de Wachter – https://www.linkedin.com/in/marcia-de-wachter/ September 2022 – Chair at Data Trust Associates (Private, Belgium)

Antonio Nieto-Rodriguez – https://be.linkedin.com/in/antonionietorodriguez July 2022 – Board Member at Design for Change, NGO (DFC Global Inc., Boston, USA)

Marc Noppen – https://www.linkedin.com/in/marc-noppen-5b18624/ September 2022 – Non Executive Director at Multipharma Group ( CV, HQ Anderlecht, Belgium )

Yves Poullet – https://www.linkedin.com/in/yves-poullet-ab33826 June 2022 – Chairperson at Revalidatieziekenhuis Inkendaal (Private, Belgium)

Hamza Didaraly – https://www.linkedin.com/in/hdidaraly/ September 2022 – Non-Executive Board Director at Credit Mutuel Banque et Assurance (Listed, HQ France)

Alexis Lacroix – https://www.linkedin.com/in/alexislacroix July 2022 – Non Executive Director and Strategy Board Member at OFFOLIO SAS (Private, HQ France)

Patrice Ratti – https://www.linkedin.com/in/patrice-ratti-670aa121/ July 2022 – Non-Executive Board Director at SMEG, “Société Monégasque d’Electricité et de Gaz”,  (non listed, Monaco)

Maarten Reenalda – https://www.linkedin.com/in/mreenalda/ June 2022 – Board Member at Skilleon BV (Private, Netherlands)

Hagen Schweinitz – https://www.linkedin.com/in/hagen-schweinitz-0b853a178/ August 2022 – Chairman of the Advisoy Board at European Women on Boards (EWOB) (NGO, Belgium)

Enrica Rimoldi – https://www.linkedin.com/in/enrica-rimoldi-99b27929/ June 2022 – Independent Non-Executive Director, Chairwoman of the Risk Committee, ESG and CIBA Committees member at Iccrea Banca SpA (not listed, HQ Italy)

Anne Kayser – https://www.linkedin.com/in/anne-kayser-861a09181/ May 2022 – Non-Executive Board member at ecoDa (Brussels, Belgium) | June 2022 – Independent Non-Executive Director at CanCorpEurope SICAV-SIF (Luxembourg Investment Fund) (not listed, Luxembourg)

Charlotte Pedersen – https://www.linkedin.com/in/charlotte-pedersen-24874433/ July 2022 – Chair of the Safety, Security and Operational Compliance Committee at Wizz Air Plc, (Listed, HQ Switzerland)

Thomas Seale – https://www.linkedin.com/in/thomas-seale-bb200317/ July 2022 – Chairman of Board of Directors  at Norvestor SPV II Private | July 2022 – Chairman at Norvestor SPV II (Private, Luxembourg)

Jellie Banga – https://www.linkedin.com/in/jellie-banga September 2022 – Non Executive Director, member Audit Committee at Invest International (Private, Netherlands)

Fennemiek Gommer – https://www.linkedin.com/in/fennemiekgommer/ June 2022 – Non-Executive Board Member at TESYA Group, (Private, HQ Milan, Italy)

Rutger Groot – https://www.linkedin.com/in/rutgergroot/ October 2022 – Chairman Board of Trustees at Yayasan Bina Tani Sejahtera (Foundation, Indonesia)

Saskia Kunst – https://www.linkedin.com/in/saskia-kunst-25b90531/ July 2022 – Member of the Management Board at SwitcH2 B,V,: Sewater into clean hydrogen (Privately held, Netherlands)

Jacques Letzelter – https://nl.linkedin.com/in/jacques-letzelter-25685711 November 2022 – Independant Director at Adeunis (Listed, HQ France)

Gbenga Oyebode – https://www.linkedin.com/in/gbenga-oyebode/ November 2022 – Chairman at Teach for All (NGO, New York, USA)

Danko Jevtovic – https://www.linkedin.com/in/dankoj/ October 2022 – Vice-Chair of the Board of Directors at ICANN (California nonprofit – Internet Corporation for Assigned Names and Numbers)

Jean-Yves Broussy – https://www.linkedin.com/in/jeanyvesbroussy/ April 2022 – Non Executive Director at Commonwealth Kokubu Logistics (Private, Singapore)

Mark Shmulevich – https://www.linkedin.com/in/mark-shmulevich/ October 2022 – Board Member at Singapore-MIT Alliance for Research and Technology (SMART) Innovation Centre (NGO, Singapore)

Edgar Philippin – https://www.linkedin.com/in/edgar-philippin-a73755a/ April 2022 – Non-Executive Director at Ferring International Center SA (Private, Switzerland)

Dr. Andy Schwarzenbach – https://www.linkedin.com/in/schwarzenbach/ November 2022 – Board Member at Bluu AG (Private, Switzerland)

Mariateresa Vacalli – https://www.linkedin.com/in/mariateresavacalli/ July 2022 – Board Member,  at Burckhardt Compression (Listed, HQ-Winterthur Switzerland) | May 2022 – Board Member at Post Switzerland (Private/Government, HQ-Bern Switzerland)

Karen Thomas-Bland – https://www.linkedin.com/in/karenthomas-bland/ July 2022 – Chair at Optima Partners Limited (Private Equity backed, HQ UK)

Anna Zanardi – www.linkedin.com/in/annazanardicappon/ August 2022 – Chair of Remuneration Committee at Trevi spa  (listed company, Milan Italy) | July 2022 – Chair of Remuneration Committee at Wateralia Spa (Non listed, Milan Italy) | November 2022 – Chair of Remuneration Committee at Cedacri Spa (Non listed, Milan Italy)

Soula Proxenos – https://www.linkedin.com/in/soulaproxenos/ June 2022 – Non Executive Director at South Africa student Accomodation impact investor (Private limited company, South Africa)

Dan Bihi-Zenou – https://www.linkedin.com/in/danbihizenou/ September 2022 – Chairman at Lookmove SA (Private, Switzerland)

Sunny Karkhanis – www.linkedin.com/in/sanjeev-sunny-karkhanis June 2022 – Non Executive Director at 21 Financen (Private, Liechtenstein)

Thomas Huerlimann – https://www.linkedin.com/in/thomashuerlimann22/ January 2022 – Chairman at FLS Group AG (Private, HQ Baar, Switzerland)

Christiaen van Lanschot –  https://www.linkedin.com/in/christiaen-van-lanschot-23848017/ January 2022 – Non-Executive Director at Kroo Bank Limited, Non-Executive Director, UK, Private)

Christiane Schloderer – https://www.linkedin.com/in/christianeschloderer/ January 2022 – Board member at NEXSYS-ONE DMCC (Private, UAE)

Hassan Kabbani – https://www.linkedin.com/in/hassan-kabbani-28555666/ June 2022 – Non-Executive Board Directorat NuRAN Wireless (Listed, Canada)

Charles A Mallo – https://www.linkedin.com/in/charles-a-mallo/ February 2021 – Non Executive Director at VaxEquity Ltd (Private, UK)

Katia Ciesielska – https://www.linkedin.com/in/katiaciesielska/ November 2022 – Non-Executive Director at Miya Water (privately owned, Luxembourg)

IDN Members – Board Directors

Henk-Dirk de Haan – https://www.linkedin.com/in/henk-dirk-de-haan-096a164/ August 2022 – Member Supervisory Board at Stichting Kwintessens Educatief (NGO, HQ Netherlands)

Kristina Flügel – https://www.linkedin.com/in/kristina-flügel-87a2b1160/ October 2022 – Supervisory Board Member at Triodos Bank NV (Private, HQ  Netherlands)

Martin Fraenkel – https://www.linkedin.com/in/martin-fraenkel-301764/ October 2022 – Chairman of the Board at The Academy of St Martin in the Fields – the world’s most recorded orchestra (Charity, UK)

Elissa Grey – https://www.linkedin.com/in/elissagrey July 2022 – Non Executive Board Director at The Biodiversity Consultancy (HQ Cambridge, UK)

Christian Joergensen – https://www.linkedin.com/in/chrjoergensen/ May 2022 – Non-executive member of the Board at Coala Life AB (listed, Stockholm/Sweden)

Lilia Jolibois – https://www.linkedin.com/in/liliajolibois/ March 2022 – Non-Executive Director and Advisory Board Member at Tremau (Private Company, France)

Per Jonsson – https://www.linkedin.com/in/per-jonsson-09048a3/ May 2022 – Chairman of the Board of Trustees at Swedish Church in the British Isles (Charity, UK)

Kirsten Lange – https://www.linkedin.com/in/kirsten-lange-61b396 July 2022 – hairwoman of the Supervisory Board at Blue Cap AG (Listed, Germany)

Andreas Lehmann – https://www.linkedin.com/in/andreasalfredlehmann July 2022 – Non Executive Chairman at ClexBio (Private, HQ Norway)

Thomas Mason – https://www.linkedin.com/in/thomaswmmason/ April 2022 – Non Executive Director at Deltamune (Private Equity)

Chandra P. Leo – https://www.linkedin.com/chandraleo July 2022 – Non-Executive Board Director at Dren Bio (Private, HQ USA)

Frank Vogt – https://www.linkedin.com/in/frankvogt/ September 2022 – Chairman of the supervisory board at Slagwerk Den Haag (Public foundation, Netherlands)

Laurence Amand-Jules – https://www.linkedin.com/in/frankvogt/ June 2021- Non-Executive Board Director at Geneve Sport SA (Private, Switzerland)

Harald Beck – https://www.linkedin.com/in/harald-beck/ July 2021 – Non-Executive Board Director at Wallimann AG Alpnach (Privat, Switzerland)

Previous announcements and more informationPrevious board position announcements by shared by IDN;

September 2022 March 2022 October 2021 July 2021 April 2021 December 2020  September 2020 March 2020 October 2019 July 2019  February 2019  November 2018 July 2018 April 2018  January 2018   October 2017

For organisations interested in partnering with IDN, please contact IDN President, Helen Wiseman at [email protected]

On Behalf of the INSEAD International Directors’ Network Board

47 new board positions for IDN members

INSEAD’s International Director Network, IDNis proudly sharing the recent appointments of board and corporate governance positions of our members from 1 February 2022 to 30 June 2022, truly recognizing our members and the strength of our IDN network.IDN members has been appointed to 47 new board positions in 24 countries, summing up to 598 position announcements since 2017.As a member of IDN, the network of INSEAD International Board Directors, with full membership open to all INSEAD Alumni with appropriate directorship experience and which is automatic for Certified Directors (IDP-C) from INSEADs International Directors Program (IDP), you can be truly proud of your network!You find the IDN members with new board positions below, and why don’t you help share our network’s achievement via Linkedin, to help position also yourself and your membership of a vibrant network via this LinkedIn post.And take the time to connect with your fellow IDN members at LinkedIn and expand your board contacts, by clicking their names below and connect with them!  To date, IDP has been completed by 1,732 IDP and IDPB participants, with 1658 certified IDP-C/ IDBP-C directors, and our International Board Network IDN of INSEAD Alumni of 1,526 members.IDN works closely with INSEAD Corporate Governance Centre, which undertakes cutting-edge research and teaching tailored to the needs of boards and international directors. It fosters a global dialogue on the challenges of corporate governance and leadership in an international context.INSEAD Directors’ Network – Members New Board & Corporate Governance Positions IDN members – Certified IDP-C Board Directors Doris Albisser https://www.linkedin.com/in/doris-albisser-4b094aa/ February 2022 –  Chairman at Memox Innovations AG, Switzerland (Private, Switzerland) Carsten Bennikehttps://www.linkedin.com/in/carstenbennike/ April 2022 – Non Executive Director  at Plus Pack A/S (Private, HQ Denmark) Peter Corijnhttps://www.linkedin.com/in/peter-corijn-0929303/ May 2022 – CEO and member of the Board of Van de Velde, (Listed, HQ Brussels) Kelvin Chan Tak Onhttps://www.linkedin.com/in/kelvinchantakon/ July 2021 – Board of Advisors at Spectrum International College (Private, HQ Malaysia), Global Fundraising Director at LESCOTA (NGO, HQ Tanzania), March 2021 – Chairman at Inno GREEN Project Organization (NGO, HQ Canada). Jeanne Christensenhttps://www.linkedin.com/in/jeanne-christensen-701548b/ March 2022 – Non Executive Director at BrandFix Denmark (Private, HQ Denmark) and Non-Executive Director at RAZ Skincare (Private, HQ Denmark ) Katia Ciesielskahttps://www.linkedin.com/in/katiaciesielska/March 2022 – Non-executive Director at Emeram Capital Partners (Private, HQ Germany) Timothy Cosulich https://www.linkedin.com/in/timothy-cosulich-b07a671/ April 2022 – Chairman at International Bunker Industry Association (IBIA) (NGO, HQ UK) Magali Deprashttps://www.linkedin.com/in/magalidepras/ April 2022 – Board Member at EEQ (Eco-Entreprises Quebec) (NGO, HQ Canada) Liselotte Engstamhttps://www.linkedin.com/in/liselotteengstam/ May 2022 – Non-Executive Board Director at Cint (Listed, HQ Sweden) Anna Erathttps://www.linkedin.com/in/anna-erat-md-phd-a66978/ – May 2022 – Non-Executive Director at Dynamic Devices AG, Technopark – Zurich (Private, HQ Switzerland) Lale Saral Develiogluhttps://www.linkedin.com/in/lale-saral-develioglu-a440451/ April 2022 – Non Executive Director at Coca Cola Bottling (Listed, HQ Turkey) and Non Executive Director at Anadolu Isuzu (Listed, HQ Turkey) Anna Erat https://www.linkedin.com/in/anna-erat-md-phd-a66978/ February 2022 – Board member at International Monobob Club St. Moritz (Private, HQ Switzerland) Daniel Flammer –  https://www.linkedin.com/in/daniel-flammer-964a7315/ April 2022 – Non-Executive Board Director and Audit Committee Member at Medmix AG (Listed, HQ Switzerland) Alison Gaineshttps://www.linkedin.com/in/alisongaines/ April 2022 – Non Executive Director at Western Australia Opera (Not For Profit, HQ Australia) Fernand Grulms –  https://www.linkedin.com/in/fernandgrulms/  April 2022 – Non Executive Director at Boralex Europe Sàrl (Private, HQ Luxembourg) Michael Hilbhttps://www.linkedin.com/in/michaelhilb/ – May 2022, – Board Member at ecoDa (NGO, HQ Belgium)  Thomas Huerlimannhttps://www.linkedin.com/in/thomashuerlimann22/ April 2022 – Non Executive Director (representing Swiss Re) at Leadway Assurance Company Ltd (Private, HQ Nigeria) Bruno Mercierhttps://www.linkedin.com/in/bruno-mercier-%E6%A2%85%E6%80%9D%E5%8B%B0%EF%BC%89-95a73541/February 2022 – Supervisory Board Independent Director and Chairman of Strategy and Investment Committee at City Holdings Co., Ltd (Private, Myanmar) Louise Nicolinhttps://www.linkedin.com/in/louisenicolin/ April 2022 – Chairman at Sensum AB (Private, HQ Sweden) Helen Pitcherhttps://www.linkedin.com/in/helenpitcher/Vice President of Global Clubs at INSEAD Alumni Association (Private, HQ UK) Monica Porfiliohttps://www.linkedin.com/in/monica-porfilio-82925358/ January 2022 – Non-Executive Board Director at Gestielle Investment Sicav, Luxembourg (Private, HQ Luxembourg) and April 2022 – Non-Executive Board director at Fondaco Lux S.A. (Private, HQ Luxembourg) Andrea Prencipehttps://www.linkedin.com/in/andrea-prencipe-b463a7b/ May 2022 – Non executive Director at Satispay International Sarl, (Privately Owned, HQ Luxembourg) Enrica Rimoldihttps://www.linkedin.com/in/enrica-rimoldi-99b27929/April 2022 – Statutory auditor at DeA Capital SpA (Listed, HQ Italy) Regine Slagmulderhttps://www.linkedin.com/in/regine-slagmulder-9a1956/ March 2021 – Non-Executive Director & Chair Audit Committee at Ekopak NV (Listed, HQ Belgium) Luc Sterckxhttps://www.linkedin.com/in/luc-sterckx-6b078253/ – June 2022 – Chairman at OCTAVE, (Private, HQ Belgium) Donough Tierneyhttps://www.linkedin.com/in/donough-tierney/ January 2022- Board Advisor at Skyfly Tech (Private, HQ UK), July 2021- Board Advisor at MPS Aero (Private, HQ Netherlands) Jillian van Turnhout https://www.linkedin.com/in/jillianvanturnhout/ April 2022 – Non Executive Board Director at Private Security Authority (State Board, HQ Ireland) Lee Bee Wah – (no Linkedin)  April 2022 – Board member and Chairman for Nominating Committee at Heeton Holdings Limited (Listed, HQ Singapore) Anna Zanardi Cappon –  https://www.linkedin.com/in/annazanardicappon/ – April 2022 – Non Executive Director at CONSEL ELIS (Private, HQ Italy)  IDN Members – Board Directors Giedrius Dusevicius https://www.linkedin.com/in/giedrius-dusevicius-02a0b927/February 2022 – Chairman of Supervisory Council at UAB Valstybes Investiciju valdymo agentura (Government, HQ Lithuania) Lisa Marie K.Y Djenghttps://www.linkedin.com/in/lisa-marie-k-y-djeng-cesga-cma-cams-csm-691523/ April 2022 – Member of the Board of Trustee of the Hong Kong Jockey Club Music and Dance Fund (Private, HQ Hong Kong) Diana Ganhttps://www.linkedin.com/in/diana-gan-9081433/ March 2022 – Independent Non-executive Director at KYM Holdings Berhad (Listed, HQ Malaysia) Carmit Glik https://www.linkedin.com/in/carmitglik/April 2021 – Board member at Marine Shipp Fast (Canada) INC (Private, HQ Israel) and at Marine Shipp Fast (Vietnam) Limited (Private, Israel) Paul Huynhhttps://www.linkedin.com/in/paulhuynh/March 2022 – Non-Executive Board Director at USA Hello (NGO, HQ USA) Uwe Klapproth  – https://www.linkedin.com/in/uwe-k/February 2021 – Non Executive Director at MGF (EU) N.V. (Private, HQ Belgium) Massy Larizadehhttps://www.linkedin.com/in/massy-larizadeh-894a251/ – May 2022 Non Executive DirectorRegional REIT Limited (Listed, HQ UK) Thabo Limema  – https://www.linkedin.com/in/thabolimema/March 2022 – Non-Executive Chairman at Social Coding (NPO, HQ Pretoria, South Africa) Roy Linghttps://www.linkedin.com/in/roycyling/March 2022 –  Independent Director and Audit Committee Chairman at VinFast Trading & Investment Pte Ltd (Private, HQ Singapore) Frederik-Jan Umbgrovehttps://www.linkedin.com/in/frederik-jan-umbgrove-93b532/Q1 2022 – Chair of the Audit Committee of the Supervisory Board (NED)  at Lloyds Bank GmbH (Private, HQ Berlin, Germany)

Previous announcements and more informationPrevious board position announcements by shared by IDN;March 2022 October 2021 July 2021 April 2021 December 2020  September 2020 March 2020 October 2019 July 2019  February 2019  November 2018 July 2018 April 2018  January 2018   October 2017For organisations interested in partnering with IDN, please contact IDN President, Helen Pitcher OBE, at [email protected]

48 additional board appointments for IDN members

25 March 2022

Members Board & Corporate Governance Positions Announcement 1 September 2021 to 31 January 2022

INSEAD International Directors Network, IDNis proudly sharing the recent appointments of board and corporate governance positions of our members, truly recognizing our members and the strength of our IDN network.

IDN members has been appointed to 48 new board positions in 19 countries, summing up to 545 position announcements since 2017.

As a member of IDN, the network of INSEAD International Board Directors, with full membership open to all INSEAD Alumni with appropriate directorship experience and which is automatic for Certified Directors (IDP-C) from INSEAD’s International Directors Programme (IDP), you can be truly proud of your network!

You find the IDN members with new board positions below, and why don’t you help share our network’s achievement via Linkedin, to help position also yourself and your membership of a vibrant network via this LinkedIn post.

And take the time to connect with your fellow IDN members at LinkedIn and expand your board contacts, by clicking their names below and connect with them!

IDN works closely with INSEAD Corporate Governance Centre, which undertakes cutting-edge research and teaching tailored to the needs of boards and international directors. It fosters a global dialogue on the challenges of corporate governance and leadership in an international context.

INSEAD Directors’ Network – Members New Board & Corporate Governance Positions

IDN members – Certified IDP-C Board Directors

Carlos Alonso-Marum https://www.linkedin.com/in/carlos-alonso-marum/ December 2021 – Chairman of the Board at Cardioline S.p.A. (PE-backed, HQ Italy)

Carin Beumerhttps://www.linkedin.com/in/carin-beumer-40840328/ December 2021 – Non-Executive Board Director ACSSA & Aiglon College Association (Private, HQ Switzerland)

Deborah Carlson-Burkarthttps://www.linkedin.com/in/d%C3%A9borah-carlson-burkart/ November 2021 – Board and ACC member at RUAG International Holding SA, (Government owned, HQ in Switzerland),  October 2021 – National Office Board member,  Right to Play Foundation (Non-for-profit, HQ Canada)

Katia Ciesielskahttps://www.linkedin.com/in/katiaciesielska/December 2021 – Non-Executive Director at Main Source S.A. (Sorgente Group, Private, HQ Luxembourg)

Elisabetta Cugnascahttps://www.linkedin.com/in/elisabetta-cugnasca-1162a94/ September 2021 – Independent board member at Zurich Bank Italy (Private, HQ Italy)

Gerry Fitzpatrick  https://www.linkedin.com/in/dhersmp/ July 2021 – Chairman at Virtu ITG Europe Limited (a subsidiary of Virtu Financial) (Private, HQ Ireland) and September 2021 – Non-executive Director at University College Dublin (UCD) Foundation (Private, HQ Ireland)

Ioannis Georgoulashttps://www.linkedin.com/in/john-georgoulas/ January 2022 – Non-executive Director at Swissquote (Private, HQ Switzerland)

Fennemiek Gommerhttps://www.linkedin.com/in/fennemiekgommer/ September 2021 – Chairman at Walraven (Family-owned, HQ The Netherlands)

Michael Hilbhttps://www.linkedin.com/in/michaelhilb/ January 2022 – Chairman at International Board Foundation (Private, HQ Switzerland)

Sirin Konthttps://www.linkedin.com/in/sirinkont/ – July 2021 – Chairman of the Executive Board at American International School Vienna (Not-for-profit, HQ Austria)

Max Kraynov –  https://www.linkedin.com/in/maxkraynov/ October 2021 – Chairman at Aviasales (Private, HQ Russia)

Saskia Kunsthttps://www.linkedin.com/in/saskia-kunst-25b90531/ January 2022- Non-Executive Director and Member of the Board at Jee Subsea Engineering & Training Ltd. (Private, HQ United Kingdom)

Emmy Labovitchhttps://www.linkedin.com/in/emmy-labovitch-finance-ned/ December 2021 – Independent NED and Chair of Risk and Investment Committee at Foresters Life (Private, HQ Canada)

Rob Lelieveldhttps://www.linkedin.com/in/roblelieveld/ September 2021 – Non Executive Director at NN Group NV (Listed, HQ The Netherlands)

Richard Leperehttps://www.linkedin.com/in/richard-l-8453617/ January 2022 –  Independent Non-executive Director at Clearstream Fund Centre AG, Zurich Switzerland, Deutsche Boerse Group(Private, Switzerland), and December 2021 – Partner at EGP-European Governance Partners, Munsbach Luxembourg (Not for Profit, HQ Luxembourg)

Karen Loonhttps://www.linkedin.com/in/karenloon/ November 2021, Member of the Governing Council and Audit Committee Chair at Singapore Institute of Directors (NGO, HQ Singapore)

Magdalena Maneahttps://www.linkedin.com/in/magda-manea-b5ba93/ July 2020 – Chair at Seedblink Investors (Private, HQ Romania), October 2021 – Trustee at Romanian American Foundation (Not-for-profit, HQ US)

Marina Niforoshttps://www.linkedin.com/in/marina-niforos/ January 2022 – Member of Advisory Board at Urban Impact Ventures (Private, HQ The Netherlands)

Ludo Oomshttps://www.linkedin.com/in/ludoooms/ – January 2022 -Non-Executive Board Director at Maatwerkbedrijf BWB (Private, HQ Belgium)

Helen Pitcher OBEhttps://www.linkedin.com/in/helenpitcher/ – Chairman at Public Chairs Forum (Government, HQ United Kingdom)

Monica Porfilio https://www.linkedin.com/in/monica-porfilio-82925358/ January 2022 – Non-Executive Board Director at Gestielle Investment SICAV (Private, HQ Luxembourg)

Enrica Rimoldi https://www.linkedin.com/in/enrica-rimoldi-99b27929/ January 2022 – Supervisory Board and Audit Committee member at UniCredit Bank Czech Republic and Slovakia, AS (Regulated, Private, HQ Czech Republic)

Annemieke J.M. Roobeek https://www.linkedin.com/in/annemiekeroobeek/ November 2021, Non-Executive Board Director at Floating Duck B.V. (Private, HQ The Netherlands)

Andy Schwarzenbachhttps://www.linkedin.com/in/schwarzenbach/ September 2021 – Board Member at Flexoffice (Schweiz) AG (Private, HQ Switzerland)

James Sibleyhttps://www.linkedin.com/in/james-sibley-31b943/ October 2021 – Non Executive Board Director at United Eastern Medical Services (Private, HQ United Arab Emirates)

Oern Stugehttps://www.linkedin.com/in/oern-stuge-5bb93413/ December 2021 -Chairman at TegoSens, (Private, HQ USA)

Jeremy Tanhttps://www.linkedin.com/in/jeremytanqw/ September 2021 – Chairman of the Non-Executive Director (NED) Network in Singapore for Winmark Global (Private, HQ Singapore)

Doris Tomanekhttps://www.linkedin.com/in/doris-tomanek-68422b13/ November 2021- Member of the Supervisory Board at Schoellerbank AG (Private, HQ Austria)

Axel Tombereauhttps://www.linkedin.com/in/axeltombereau/ October 2021- Non-executive director of Aleda (Private, HQ France)

Helen Wisemanhttps://www.linkedin.com/in/helenwiseman/ September 2021 – Non -executive Director at SFI Investment Trust (owns Soho Flordis International global healthcare business.  December 2021 – Non-executive Director and Chair of the Audit & Risk Committee at Delica Therapeutics Limited (Private, HQ Australia)

Konstantinos Yazitzoglouhttps://www.linkedin.com/in/konstantinos-yazitzoglou/ September 2021 – Non-executive Director at Faliro House SA (Private, HQ Greece)

Anna Zanardi Capponhttps://www.linkedin.com/in/annazanardicappon/ – September 2021 – Non-executive Director and Chair of Remuneration Committee at Salvatore Ferragamo S.p.A. – (Listed, HQ Italy)

IDN Members – Board Directors

Stephane Bellanger https://www.linkedin.com/in/stephanebellanger/ September 2021 – Board member at PMEX (Private, HQ France)

Antonio G. Dottorehttps://www.linkedin.com/in/antoniodottore/ January 2022 – Non-Executive Chair of the  Academic Board at Australian Institute of Applied Blockchain, (Private, HQ Australia) and December 2021 – Member and Secretary of  Committee of Italians Abroad (Com.It.Es.) (Government, HQ Australia)

Wu Ganghttps://www.linkedin.com/in/wu-gang-48b03634/  October 2021-  Non-Executive Director and member of the Audit and Risk Committee and Management Engagement Committee at Tritax Big Box REIT Plc ( Private, HQ United Kingdom)

Elissa Greyhttps://www.linkedin.com/in/elissagrey/  January 2022 – Non Executive Director at Reed Smith LLP (Private, HQ USA)

David Kalife – https://www.linkedin.com/in/davidkalife/ January 2022 Non Executive Board Director at RPRE (Right People Right Energy) ( Private, HQ Singapore)

Jean Marc Lechenehttps://www.linkedin.com/in/jean-marc-lechene-343a302a/ December 2021 – Non Executive Director at Lamprell plc (Listed, HQ United Kingdom)

Enoch Lihttps://www.linkedin.com/in/nochnoch/ December 2021 – Board Director at United for Global Mental Health (Charity/NGO, HQ United Kingdom)

Thomas Masonhttps://www.linkedin.com/in/thomaswmmason/ February 2021 – Non-Executive Director at Farm Engineering Services a Phatisa Fund II Portfolio Company (Private, HQ Mauritius)

Olivier Noelhttps://www.linkedin.com/in/olivier-noel-3273636/ September 2021 – Non Executive Director and member of Audit, Risk and Strategy Committees at Activa Finance (Private, HQ Mauritius)

Daniel Wrighthttps://www.linkedin.com/in/dan-wright-24574195/  – January 2022 – Non-executive Chairman at UInsure Limited (Private, HQ United Kingdom).

 

Previous announcements and more information

Previous board position announcements by shared by IDN;

October 2021 July 2021 April 2021 December 2020  September 2020 March 2020 October 2019 July 2019  February 2019  November 2018 July 2018 April 2018  January 2018   October 2017

For organisations interested in partnering with IDN, please contact IDN President, Helen Pitcher OBE, at [email protected]

On Behalf of the INSEAD International Directors’ Network Board

Women chairs to drive diversity across the business

This International Women’s Day 2022, Helen Pitcher OBE, IDN President shares her thoughts on the role that women chairs play as a driving force for diversity across businesses.

It is widely recognised that the two critical dimensions driving equality in the organisational and business workplace are the roles of Chairman and CEO.  Currently however, they are acting as barriers to progression, with the woeful lack of diversity in our Chairs, CEO’s and Executive Leadership populations.  The recent FTSE Women Leaders Review Feb 2022 again highlighted this issue especially in the CEO and Executive Leadership landscape.

“The number of women in the very top job, that is the CEO remains flat and stubbornly low, and there is much more to do on Executive Committees.”

The annual Female FTSE Board Report by Cranfield University shows a positive gender progression at the NED Board level, but throws into stark relief the lack of progress on gender equality in the C-Suite, with the female Chairman leadership of our Boards at 11% in the FTSE 100 and 14% in the FTSE 250 and with only 8% female CEOs across the FTSE 350.  Additionally, female participation in executive leadership has flatlined at 13.7% in the FTSE 100 and 11.2% in the FTSE 250.

We are relying on traditional and slow solutions to solve an unsustainable situation; we need to employ spiralling creativity and innovation to drive change.  This should be a revolution of action, thought and imagination to break the mold and learn new ways of thinking and acting.

The classic rationalisation to the lack of progression for women in CEO, Executive Committees and Senior Leadership roles is the ‘supply deficiency.’  The research done by Assistant Professor Shirley Lu (Harvard Business School) indicates that we could be waiting a long time for the ‘supply side’ environment to change voluntarily.  At the same time, we have the insight from the Cranfield Report of the many capable female leaders who are around, ready and able to fulfil these most senior roles.

While the average tenure of CEO’s at 5 years, provides an insight into their short-term focus, there is little excuse for Chairman to ignore this inequality with their generational stewardship of the business.

In a recent article I suggested that Quotas was the only way to break this log jam, starting with the role of the Chairman at 40%, in order to drive diversity throughout our companies.  The female Chairs are available, ready and waiting for these appointments as demonstrated by the Cranfield Report.

It is time to act, and let’s not kid ourselves that ‘voluntary’ action alone will solve this issue.  The original 2011 Davis Review ‘Women on Boards’ was commissioned and driven by the Government who were concerned about the slow rate of progress of women onto Boards.  It did not spontaneously emerge for companies, the FRC or Companies industry bodies seeking to drive change.

The FTSE Women Leaders Review which is supported by Government and builds on the work, and success, of the Davies and Hampton-Alexander Reviews, has recognised this dilemma.  The Review has set a new recommendation for the Senior Leadership of the FTSE 350 business.  Namely, that a women should be in at least one of the most senior roles in a FTSE 350 business by 2025.  Those roles are the Chair, Senior Independent Director, CEO or CFO.  While this is a good first move, it fails to recognise the dominance of the Chair and CEO roles as the primary driving force for diversity across our businesses.

The Chairman and CEOs have had their chance to progress voluntarily, and they have failed.  It is now time for Governments, Regulators, Female Chairs, NEDs and the Diversity Lobbying Bodies, to say enough is enough, the time for substantive action to break the behavioural anchors has arrived.  Only an immediate progress on the levels of Women Chairman will drive out this inequality of female CEO’s and Leadership Executives across our business landscape.  I would be delighted to see the FTSE Women Leaders Review Recommendation drive a significant upward movement to a 40% target of women Chairs, I remain vigilant however, as to what will be achieved by the end of 2025.

IDN celebrates International Women’s Day 2022

Over 50% of IDN’s board members and ambassadors are women

This March 2022, INSEAD Directors Network (IDN) celebrates International Women’s Day.

In line with INSEAD’s commitment to cultivating a community that pursues equity, exemplifies inclusion, and cherishes diversity, IDN’s board embraces gender diversity.

As of 8 March 2022, four out of the eight IDN board members (including our President, Helen Pitcher, Helen Wiseman, Pamela Ravasio and Karen Loon) are female.

Further, following the recent appointment of Mary Antenen as our IDN Swiss Ambassador, 12 of our 20 IDN ambassadors (60%) are women.

Why is greater board diversity important for organisations?

  • It makes business sense. To date, academic and business research has focused on the business case for greater board diversity and have sought to demonstrate a correlation between board diversity (principally gender) and greater financial performance. This includes a broad range of areas, including financial position/performance, public disclosure, socially responsible behaviours, firm decisions, philanthropy, reputation, and innovation.[1]In 2020, a study in Australia by Curtin University took this a step further and found a causal link between greater numbers of women on boards and in leadership and better financial performance.
  • Stakeholders expect it – In line with the global focus on stakeholder capitalisation and sustainability, investors increasingly expect organisations to have greater board diversity. For example, in the past 12 months, several asset managers have updated their proxy voting requirements on gender diversity to now cover listed companies in some markets in Asia. Further, increasingly more governments, regulators, professional organisations and advocacy groups have released regulations and guidelines which encourage improvements in the pipeline of available diverse candidates for boards. These include a greater focus on disclosure of board diversity policies and reporting measurable progress in improving board diversity.

Yet, whilst women are estimated to hold 19.7% of board seats globally, a 2.8% increase from 2019, progress has been slow and inconsistent. Further, according to Deloitte, only 6.7% of board chairs are women, and only 5% hold the CEO role.

While many argue that it is important to have at least 30% women on board, having greater diversity without a focus on board dynamics will not necessarily lead to greater performance.

Board chairs and other directors also need to create inclusive cultures that allow healthy discussion and dialogue in a safe space.

How can IDN members support greater diversity in the boardroom and #breakthebias?

Create the right culture and board dynamics

  • Invest time in group dynamics and board development. For boards to be effective, it is vital to create the right environment and dynamics in the boardroom. In our IDN webinar on Positive Board Dynamics and Coaching: Key to Superior Performance held on 8 July 2021, Professor Vincent Dominé of INSEAD highlighted that “collective behaviour at the board level has an 800% greater impact on a firm’s performance than the characteristics of individual directors”, according to the benefits of boards working effectively as a team. Emphasising the importance of having psychological safety in the boardroom, Professor Domine highlighted that investing time in group dynamics and board development is essential.
  • Adopt Fair Process Leadership. Another framework that supports better board dynamics is Fair Process Leadership. Many IDP attendees would be familiar with the importance of having Fair Process Leadership in the boardroom. As Professor Ludo van der Heyden of INSEAD argues: “the sustained practice of fair process leads to greater value creation for a corporation’s stakeholders and increases the trust that society awards the business. Fairness is not an option: it is fairness for the board and ultimately business performance.” Using the FPL framework in the boardroom will support greater board effectiveness.

Grow the pipeline of female directors

  • Mentor aspiring and new female directors. The journey to becoming a director is often opaque. IDN’s experience is that board mentors play a key role in supporting the successful transition of senior executives and new directors into their roles. As one of our IDN mentees said in 2020: “Normally it takes years to come up the NED learning curve…and a few mistakes along the way. My mentor saved me a year or two easily.”
  • Encourage greater diversity in your organisations – Understand from the management of the organisations where you are a board member how they manage diversity. Ask them questions such as: how does greater diversity align with your organisational purpose, lived values, and behaviours? What are some of the inhibitors, both conscious and unconscious, inhibiting change? How is greater diversity embedded into all areas of your organisation, including beyond talent management? And are your organisation’s senior management (especially women) encouraged to take on external board roles as part of their leadership development programmes?

 

Karen Loon IDP-C is an IDN Board Member

[1] For example, refer to the overviews of recent research by Kagzi and Guha (2018) at https://www.emerald.com/insight/content/doi/10.1108/JSMA-01-2017-0002/full/html, and Salma and Qian (2021) at https://www.journalofbusiness.us/index.php/site/article/view/182.