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Governance Bites #114: differences between Crown Entity and private sector boards, with Rob Everett
Manage episode 501405213 series 3565323
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In this episode, Mark Banicevich talks to Rob Everett about the difference between Crown Entity and private sector boards. They discuss how accountabilities to shareholders differ to accountabilities to public sector boards and Ministers, and the challenges balancing political direction with independent governance. Mark asks about the impact of the board appointment process, differences in director capability, and differences in risk appetite and oversight. They discuss the approaches to strategy, innovation and compliance, and differences in tone around the board table and pace of decision-making. Rob talks about differences in performance expectations, and what each sector could learn from the other. He also shares advice for new directors.
Rob Everett is an experienced director and CEO, with a background in law and financial services. He is currently independent chair of fund manager Simplicity, and has been a director of the biggest credit card issuer in the UK (MBNA), the biggest bank by balance sheet in Ireland (Merrill Lynch International Bank), Merrill Lynch-owned bank and broker entities in Turkey, and a school management board. Rob is a past CEO of the Financial Markets Authority and NZ Growth Capital Partners. He spent 18 years with Merrill Lynch in London, New York and Hong Kong. He now lives with his family in Wellington.
#governance, #leadership, #corporategovernance, #boardcraft, #decisionmaking, #makingadifference, #ceo, #governancebites, #boardroom, #director, #crownentity
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