iNED Council Meeting: 18 May 2023
As part of our engagement calendar for 2023, we hosted an in-person iNED Council meeting for FBC members on the 18th of May.
Following opening remarks by our host Martyn Gilbey, Senior Director and UK Country Manager at Franklin Templeton Investments, we went on to discuss key topics, including the following:
- The State of the UK fund board marketplace
- The Role of iNEDs on fund boards: A Review
- iNED Fees
- AoV: An impact assessment three years on
- Regulatory Update and Open Discussion
Contributors
Martyn is responsible for providing the strategy, leadership and management of Franklin Templeton’s overall business operations for the UK. He is also chair of the board of Franklin Templeton Fund Management Ltd and Franklin Templeton Investment Management Ltd.
Prior to joining Franklin Templeton in August 2017, Martyn worked for Aberdeen Asset Management, managing the UK Distribution business covering Retail, Institutional and Captive channels. Martyn has also worked for a number of asset managers and both in the UK and overseas in Asia Pacific and the Americas, including Barclays, Insight Investment, SWIP and Aberdeen.
Catherine Battershill is a founder and Managing Director of Fund Boards Council. She has over 15 years of experience of marketing and communications in asset management in Europe and Asia. During the course of her career, Catherine has led regional marketing and communications initiatives across major institutional and wholesale retail markets and overseen the development of an international thought-leadership programme for a leading multi-national asset manager.
Catherine has held voluntary board roles in education and a children’s charity, through which she has developed a strong interest in governance topics. This, combined with her asset management background, led her to join Shiv in setting up Fund Boards Council.
Shiv Taneja is the founder, CEO of Fund Boards Council, a professional members organisation that supports good governance outcomes on investment fund boards in the UK and across Europe. A key distinguishing feature of FBC is the wrap-around engagement and support it provides to its membership: coverage for the whole board (chair, iNEDs and executive directors) as well as those key senior executives, not on the board, but crucial to the success of the investment boards they support.
Shiv leads FBC’s Board Advisory Services, a high-touch, bespoke consultative service focusing around two key governance themes: cost/transparency and board effectiveness.
Shiv has 30 years’ research and consulting experience in and around the global asset management industry, and over the past decade has developed a deep professional interest in corporate and investment fund board governance.
Shiv has degrees in accounting and finance, and is a professional non-executive director, having qualified with the FT-NED, Level 7 Advanced Professional Diploma in 2013.
In addition to his work around investment fund board governance, Shiv is a recognised industry authority, media commentator and regular conference speaker on trends in the global asset management industry, having led and completed numerous large industry-wide studies in the area of market sizing, product development and distribution trends in both the retail and institutional segments of the industry.