Update the Corporate Governance Code to define standard desirable skills for departmental Non-Executive Directors.
We recommend that the Corporate Governance Code is updated to include a standard set of skills and qualities which are deemed desirable to undertake the role of a departmental NED or Lead NED, rather than express a preference for individuals from specific sectors. This would not preclude further specific expertise …
Government response. The government states that the Secretary of State considers specific experience and skills for vacancies, but does not address the recommendation to update the Corporate Governance Code with a standard set of skills.