Governance Bites

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In this video, Mark Banicevich asks Fiona Whyte about environmental, social and governance (ESG) in the boardroom. He asks what ESG is, why it is important, and why it is relevant in the boardroom. He also asks how an effective board oversees its entity’s ESG behaviours, and how it assesses and manages ESG-related risks. Mark also asks Fiona about the best advice she’s received as a director. 
Fiona Whyte is a director of Woori Bank, a commercial bank in Cambodia. She has been a director for over a decade, including terms for World Vision New Zealand, and Vision Fund Cambodia. Fiona is Principal Adviser, External Relations at the Financial Markets Authority. She joined the FMA after 20 years in banking, particularly in foreign exchange. 
#governance , #governancebites, #boardroom, #esg, #director

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In this episode, Mark Banicevich asks Craig Mulholland about board papers. He asks about the number of agenda items in board meetings, the size of board packs, and the length of board papers. They discuss how far in advance board papers should be available to directors, and what is usually covered in a board paper. Craig also shares the best advice he received regarding new directors. 
Craig Mulholland is CEO of Apex Advice Group. He is an experience director and senior manager. During his 10 years at ANZ Bank, he held roles as Managing Director of Wealth and Private Banking, General Counsel and Company Secretary. This included board roles on the bank’s investment and life insurance subsidiaries. Prior to that, he held various executive and executive director roles at Telecom New Zealand (where he led the demerger of Telecom into Spark and Chorus), and AAPT in Australia. 
#governance, #boardroom, #director, #boardpapers, #boardcraft, #boardpapers

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In this episode, Mark Banicevich talks to Peter Kenny about delegations of authority. He asks what they are, what sorts of powers are delegated, and what sorts of powers cannot be delegated. They discuss processes to assess and manage risk associated with delegations of authority, and how an organisation ensures accountability and oversight of them. They also discuss options for structuring an organisation’s delegations of authority, and how often they should be reviewed. Finally, Peter shares the best governance advice he’s received. 
Peter Kenny is a specialist in risk management, compliance and governance. He spent over 16 years in various management roles at AMP New Zealand, including Head of Risk and Compliance, and Head of Strategic Partnerships. More recently, Peter has been contracting in risk roles for Southern Cross Travel Insurance, and Resolution Life (as Chief Risk Officer for New Zealand, and Head of NZ Governance for Australasia. 
#governance, #governancebites, #director, #boardroom, #delegationsofauthority, #boardcraft 

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In this video, Mark Banicevich asks Fiona Whyte about keeping directors relevant. They discuss board evaluations – what they are, how frequently they are performed, who should perform them, and what sorts of questions are asked. They proceed to discuss director tenure, avoiding stagnation, and succession planning. 
Fiona Whyte is a director of Woori Bank, a commercial bank in Cambodia. She has been a director for over a decade, including terms for World Vision New Zealand, and Vision Fund Cambodia. Fiona is Principal Adviser, External Relations at the Financial Markets Authority. She joined the FMA after 20 years in banking, particularly in foreign exchange. 
#governance , #successionplanning, #governancebites, #boardroom, #boardtenure, #boardevaluations

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In this video, Mark Banicevich asks Dr Peter Crow about the history of governance. Companies have been around since Roman times, but we tend to think of the beginnings in the 17th century CE, when companies such as the East India Company were established by Royal Charter. What was governance like? How has it evolved? Where is it now? Dr Crow also shares the best governance advice he's received in his career.
Dr Peter Crow has a PhD in corporate governance and strategy. Not only is he an experienced chair and director, he has also designed and delivered governance courses in New Zealand (for the Institute of Directors, and Governance New Zealand), and overseas, in countries including India, Kenya, Lithuania and Ireland. He has presented about governance on five continents, and he works with and advises boards around the world. 
#governance, #leadership, #corporategovernance, #boardcraft, #decisionmaking, #makingadifference, #ceo, #governancebites

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In this video, Mark Banicevich asks Philip Whitmore about the board's responsibility for an entity's data security and integrity. They discuss the risk that third party IT (information technology) providers pose to an entity, and the due diligence the entity should perform before engaging a third party. Philip provides examples of data breaches, and they discuss the lessons directors should take from these examples. Mark also asks Philip the best advice he would give to a director. 
Philip Whitmore is one of New Zealand’s leading authorities on cybersecurity. He is a Partner at KPMG specialising in cybersecurity. Philip is also a member of the Chartered Accountants of Australia and New Zealand, where he is Convener of the IT Special Interest Group. He has extensive experience in IT internal audit, risk management, controls assurance, and advisory. Philip regularly advises boards of directors on cybersecurity issues.
#governance , #cybersecurity , #governancebites, #boardroom, #boardcraft

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In this video, Mark Banicevich asks Kate Vennell about the voices of the customer and other stakeholders in the boardroom. They discuss whether those voices are relevant, and how to gather them effectively. They discuss how things differ in not-for-profits and small businesses. Kate then outlines the impact of s131(5) of the Companies Act 1993, allowing directors to consider other stakeholders, and environmental, social and governance factors. Kate also gives advice to someone starting a governance career. 
Kate Vennell is an experienced director, and a Chartered Member of the Institute of Directors. She is an independent director of financial advice firm Lifetime, Board Trustee of the Auckland Philharmonia Orchestra, and Deputy Chair of both Mindful Money, and the Diabetes Foundation Aotearoa. Kate worked almost 10 years at FTSE 100 company Legal and General in the UK, which is the 10th largest investment management firm in the world by assets under management (according to Wikipedia). There her roles included Commercial Finance Director (Life Insurance), and Head of Investor Relations. 
#governance, #leadership, #corporategovernance, #boardcraft, #decisionmaking, #makingadifference, #ceo, #governancebites, #investorrelations

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In this video, Mark Banicevich asks Dr Peter Crow what drives corporate failure. Dr Crow starts by outlining corporate success, and then moves on to the topic du jour. He lists several behaviours that lead to corporate failure, and then he and Mark discuss some of those behaviours in the boardroom. Dr Crow talks through some examples, and finally gives some advice to anyone starting out as a director. 
Dr Peter Crow has a PhD in corporate governance and strategy. Not only is he an experienced chair and director, he has also designed and delivered governance courses in New Zealand (for the Institute of Directors, and Governance New Zealand), and overseas, in countries including India, Kenya, Lithuania and Ireland. He has presented about governance on five continents, and he works with and advises boards around the world. 
#governance, #leadership, #corporategovernance, #boardcraft, #decisionmaking, #makingadifference, #ceo, #governancebites

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In this video, Mark Banicevich asks Philip Whitmore about cybersecurity and director responsibility. Philip provides examples of cybersecurity risk, and the impact it can have on large and small businesses. They discuss the directors' role in managing cybersecurity risk, and what directors should do about cybersecurity. Mark also asks about the information management need to make good decisions about cybersecurity risk. 
Philip Whitmore is one of New Zealand’s leading authorities on cybersecurity. He is a Partner at KPMG specialising in cybersecurity. Philip is also a member of the Chartered Accountants of Australia and New Zealand, where he is Convener of the IT Special Interest Group. He has extensive experience in IT internal audit, risk management, controls assurance, and advisory. Philip regularly advises boards of directors on cybersecurity issues.
#governance , #cybersecurity, #governancebites, #boardroom, #boardcraft

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In this video, Mark Banicevich asks Kate Vennell about the role of the board in promoting effective shareholder engagement. She outlines the importance of the shareholders' voice in the boardroom, and the challenges of disparate voices and goals. They discuss whether large shareholders effectively represent all shareholders, or whether their goals differ. They discuss how these lessons transfer to small companies and not-for-profits. Kate also shares the best governance advice she's received. 
Kate Vennell is an experienced director, and a Chartered Member of the Institute of Directors. She is an independent director of financial advice firm Lifetime, Board Trustee of the Auckland Philharmonia Orchestra, and Deputy Chair of both Mindful Money, and the Diabetes Foundation Aotearoa. Kate worked almost 10 years at FTSE 100 company Legal and General in the UK, which is the 10th largest investment management firm in the world by assets under management (according to Wikipedia). There her roles included Commercial Finance Director (Life Insurance), and Head of Investor Relations. 
#governance, #leadership, #corporategovernance, #boardcraft, #decisionmaking, #makingadifference, #ceo, #governancebites, #investorrelations