The role and responsibilities of Independent Non-Executive Directors
December 2022
This Position Paper 7 provides an insight on the role and importance of Independent Non-Executive Directors (INEDs) in Mauritius, highlighting the factors which impede on their independence, including maximum tenure on Boards and sub-committees, cross directorships, common directorships and over boarding.
The role and importance of INEDs is ever evolving. Boards should be forward looking and ensure that their INEDS have the necessary skills, knowledge, freedom and experience to perform their duties. Skilled INEDs will effectively act as a sounding board for the executive directors, provide an objective view as well as constructive criticism and support to the Board in making the best decision for the future of the organisation.
About the Directors Forum
To support the MIoD in building more effective boards and to promote good corporate governance, the Directors Forum was set up in 2012, in collaboration with PwC Mauritius.
The Directors Forum acts as an Advisory Council and Technical Committee to the MIoD.
Collectively, the Directors Forum is made up of members who are respected local directors and professionals with backgrounds in law, economics, finance and accounting, corporate and securities regulation, business and academia, in the private and public sectors.
Download the latest Position Paper to discover the members.
Its objectives are to:
- Identify issues which are of most concern to directors,
- Produce position documents and, through consultation with Government and regulators, contribute to policy development,
- Be the voice for governance and directors’ issues in Mauritius,
- Develop guidance on governance issues in Mauritius.
Download Publication No. 7 (Pdf 1,483 kb) The role and responsibilities of Independent Non-Executive Directors
Further languages
- Publication No. 6: Effective and sustainable good governance practices of family businesses
- Publication No. 5: COVID-19: Key considerations for Directors
- Publication No.4 - Board Evaluation
- Publication No.3 - September 2014: Engaging with Stakeholders - A Guide for Boards
- Publication No.2 - December 2013: An Ethics Guide for Boards
- Publication No.1 - September 2012: Best Practice Guidelines for the appointment of Directors
Contact us
Julien Tyack
Risk Assurance Services Partner and Sustainability Leader, PwC Mauritius
Tel: +230 404 5210
Ariane Serret
Senior Manager, Clients and Markets Development, PwC Mauritius
Tel: +230 4045029
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