Senior independent director: Difference between revisions
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A senior independent director is an individual from among the independent non-executive directors of a company, under the UK Corporate Governance Code. | A senior independent director is an individual from among the independent non-executive directors of a company, under the UK Corporate Governance Code. | ||
The SID needs to be free of any connections that may lead to a conflict of interest, and to have the necessary high degree of independence of character and judgement. | The SID needs to be free of any connections that may lead to a conflict of interest, and to have the necessary high degree of independence of character and judgement. | ||
The SID acts as a sounding board for the chair of the board, and acts as an intermediary for other directors. | The SID acts as a sounding board for the chair of the board, and acts as an intermediary for other directors. | ||
== See also == | == See also == | ||
* [[Conflict of interest]] | |||
* [[Corporate governance]] | * [[Corporate governance]] | ||
* [[Financial Reporting Council]] | * [[Financial Reporting Council]] | ||
* [[Independent]] | |||
* [[Non-Executive Director]] | * [[Non-Executive Director]] | ||
* [[UK Corporate Governance Code]] | * [[UK Corporate Governance Code]] | ||
[[Category:Ethics_and_corporate_governance]] | |||
Latest revision as of 09:57, 11 September 2022
Corporate governance - UK Corporate Governance Code.
(SID).
A senior independent director is an individual from among the independent non-executive directors of a company, under the UK Corporate Governance Code.
The SID needs to be free of any connections that may lead to a conflict of interest, and to have the necessary high degree of independence of character and judgement.
The SID acts as a sounding board for the chair of the board, and acts as an intermediary for other directors.
