Enter the Boardroom

Sir John Kingman is Chairman of Legal & General and Barclays Bank UK. In 2018, he led the landmark independent review of the Financial Reporting Council (the Kingman Review) which called for the abolition of the FRC and its replacement with a new statutory regulator. Listen to this episode to hear about Sir John's experience: Running towards the fire: what separates boards that cope from boards that collapse (01:51) Why the RBS board was too big to save itself (06:52) The truth about culture in banks that most boards miss (08:01) The collective failure of imagination that brought the banks down (11:00) Why boards needs more weirdos (14:42) The Kingman Review: why the UK has the best rules and some of the worst companies (16:58) What Sir John thinks makes a truly effective NED (23:47) The three question he asks every potential NED (26:35) Why new NEDs should never try to fit in straight away (28:12)⚡The Lightning Round⚡(31:51)
Host: Oliver Cummings
Producer: Will Felton
Editor: Penelope Coumau
Music: Kate Mac
Audio: Nick Kold
Email: [email protected]
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom

Vivienne is CEO of the FTSE Women Leaders Review, the UK government-backed framework tracking and driving gender representation across the boards and leadership teams of the FTSE 350 and the UK's largest private companies. Tune into this episode to hear about: How Princess Anne left Vivienne lost for words when receiving her OBE (01:20) The subprime meeting that predicated the financial crisis - and why no one listened (03:31) How to challenge without confronting: the running water approach (09:11) Why Vivienne resigned and why it wasn't walking away (11:46) The rainmaker problem: why boards protect the wrong people (16:14)  Forget the rules on data privacy (19:16) Her lessons from a real data breach (21:19) The questions every board should ask before replacing staff with AI (24:04) What good AI governance actually looks like (27:17) What it's really like to be the only woman in the room (31:06) ⚡The Lightning Round⚡(34:49)

Host: Oliver Cummings
Producer: Will Felton
Editor: Penelope Coumau
Music: Kate Mac
Audio: Nick Kold
Email: [email protected]
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom

Andy Higginson is Chair of JD Sports Fashion plc. Previously, he was Chair of Wm Morrison Supermarkets plc and a non-executive director at organisations including Tesco, Sky, Clarks, FirstGroup and Woolworths. Listen to this episode to hear about: The three boardroom moments that shaped Andy's career (01:06) What a near-bankrupt Laura Ashley taught him about simplicity and focus (03:58) The Laura Ashley banking crisis that changed Bank of England policy (07:18) The four strategy Tesco pillars (09:54) Inside the Tesco succession that went wrong (14:35) Why a new CEO should keep their rivals (18:23) What every retail NED should do when they first join (21:36) The first thing Andy did when he arrived at a struggling Morrisons (25:58) Morrison’s acquisition by private equity (31:35)⚡The Lightning Round⚡(36:46)
Host: Oliver Cummings
Producer: Will Felton
Editor: Penelope Coumau
Music: Kate Mac
Audio: Nick Kold
Email: [email protected]
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom

Danuta Gray is Chair of Croda plc and NED and Chair of the Remuneration Committee at Burberry Group plc. Previously, she was Chair of Direct Line Insurance Group plc during its acquisition by Aviva. Tune into this episode to hear about: How Danuta has improved on CEO hiring (01:46) The importance of staying curious about AI (06:42) Why every board waits too long to change their CEO (08:01) Why Danuta looks internally first when a CEO blames external headwinds (11:56) The board decision that has nothing to do with right or wrong (13:59) What to do when you think the CEO needs to go but the Chair disagrees (20:40) Why Danuta learns more from Gareth Southgate than a remuneration roundtable (25:21) ⚡The Lightning Round ⚡ (28:59)
Host: Oliver Cummings
Producer: Will Felton
Editor: Penelope Coumau
Music: Kate Mac
Audio: Nick Kold
Email: [email protected]
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom

Danuta Gray is Chair of Croda plc and NED and Chair of the Remuneration Committee at Burberry Group plc.  Previously, she was Chair of Direct Line Insurance Group plc during its acquisition by Aviva. Listen to this episode to learn about: The formative board experiences that shaped how Danuta operates today (01:03) The criminal case that showed her what great chairs are made of (05:14) Why she always doubles the time commitment she's given for a board role (07:31) What witnessing fraud taught Danuta about boardroom groupthink (08:16) What every chair gets wrong in a takeover approach (13:22) A takeover bid doesn't have to damage your business (18:32) How to block out the noise and make the right call under pressure (22:43) The question every board forgets to ask before recommending a deal (28:11) Why every new chair should force their way in to meet shareholders (35:38) Danuta's three rules for surviving your first unsolicited bid (39:00)
Host: Oliver Cummings
Producer: Will Felton
Editor: Penelope Coumau
Music: Kate Mac
Audio: Nick Kold
Email: [email protected]
Web: https://www.nurole.com/nurole-podcast-enter-the-boardroom