Are you a director or key senior team member looking to understand the complexities of the nominee director role? The Role of the Nominee Director course, delivered by fds, is designed specifically for you.
This director-level training course provides comprehensive insights into the unique challenges and responsibilities of a nominee director, who is appointed to act on behalf of a shareholder or beneficiary owner.
The Role of the Nominee Director Course Overview
Nominee Directors can be appointed to a board by a shareholder or beneficiary owner to act on their behalf. However, the role of a nominee director can be challenging, as there are two parties to manage while also adhering to the best interests of the company and the beneficiary.
A nominee director is subject to the same duties and responsibilities as any other director under the Companies Act 2006, and as such, these should be fully understood before embarking on an appointment. This includes acting in good faith, promoting the company’s success, avoiding conflicts of interest, and exercising reasonable care and skill.
The Role of the Nominee Director Course Outcomes
- Understand the roles and responsibilities of a director.
- Understand the role and responsibilities of a nominee director.
- Understand the advantages and dynamics of nominee director roles.
- How to ensure that the nominee director has the requisite skills and expertise to fulfil their role as a director.
- Understand the processes that should be in place to manage conflicts of interest when the interests of a parent company conflict with those of the subsidiary.
- Understand the information the director should have access to better understand the company’s business, activities, and financial position.
- Learn how to manage the role, including minority/majority shareholdings.
- Learn how to overcome specific challenges in the boardroom, including engaging with the board, establishing your position and being taken seriously.
- Understand how to navigate a professional relationship with peers.
Get In Touch to Book The Role of the Nominee Director Session
We can deliver the course to up to ten attendees. This will be facilitated in person, in a full-day session. For any attendee numbers beyond this, we would aim to understand the group’s requirements, taking into consideration all participants and the level of interactivity available.
If you would like to learn more or discuss your company or group’s requirements, please get in touch to have a confidential discussion about the course.
