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The role of Non-Executive Directors has evolved significantly in recent years. Increased regulatory scrutiny and heightened media attention have placed a heavier burden of responsibility and higher reputational risks to Board directors. Demands on, and expectations of, the Non-Executive Director continue to increase and Boardroom professional development is seen as essential.
All directors, including Non-Executive Directors, should regularly update and refresh their skills and knowledge. Since 2008, PwC Hong Kong Non-Executive Director Programme introduced a series of briefings to help address this need. The Programme also aims to meet Board members' growing need for peer-to-peer networking and the exchange of information with experts.
There are also extended programmes with a focus on specific industries including banks and funds.