Source · Select Committees · Public Administration and Constitutional Affairs Committee
Recommendation 8
8
Paragraph: 39
Update the Corporate Governance Code to reinstate non-executive board member independence and restrict politically connected appointments.
Recommendation
The Committee recommends that the Corporate Governance Code is updated to reinstate the “independence” of non-executive board members, which was removed from the 2011 and 2017 editions of the Code. The updated Code should outline the expectation that Secretaries of State should avoid appointing individuals with clear political or personal connections, including former or current Special Advisers, serving Members of Parliament or Peers, to NED roles. In the event that any are appointed, there should be a clear justification for doing so in the governance statements of departments’ annual report and accounts.
Paragraph Reference:
39
Government Response
A response document is linked to this report, dated 8 September 2023. Response attribution to this conclusion has not been verified. Read the response document ↗