NEDs and Covid-19: guidance for non-executive directors and lay members
31 March 2020
The Covid-19 pandemic is impacting everyone in all parts of their lives. While there has been some relaxation of ‘business as usual’ arrangements, public sector bodies are still required to abide by the stewardship requirements of Managing public money and have a statutory duty to carry out their functions effectively, efficiently and economically. Although it seems a long way off, the NHS will be called to account for its stewardship of public funds once the pandemic is over.
The role of the NED and lay member can be an uncertain at this time – balancing not wanting to get in the way but to still find a way to support, challenge and ensure that the governance is appropriate and strong.
This briefing is intended to highlight key finance and governance changes that NEDs and lay members need to be aware of, as well as how they can support their organisations during the pandemic. It will be updated as necessary.