Topic: Governance of Utilities in Turbulent Times
The session will examine at a high level the impact of changing risk environments for governance of utilities. For example: the need for more sophisticated risk assessment and risk management and board involvement in risk identification; the impact of disruptive technologies; the changing regulatory and political environment and the impact on how boards function. It will also, at a high level, identify how the role of the Corporate Secretary is evolving – from a traditional administrative role to a more strategic/advisory role. Identify need to focus on 4 key areas of emerging best practices for utility company board effectiveness: Director Independence; Director Skills; Board and Committee Structure and Functions; Supporting Documentation and Practices.