Member Article

London in need of more non-exec directors - new insights reveal

It has been revealed that London is one of the regions displaying the highest demand for experienced leaders, especially within the UK’s healthcare sector.

New insights show that the Healthcare sector is in need of experienced leaders and executives, from a range of backgrounds, to fill a surge of Non-Executive Director (NED) positions.

The insights, developed by elite business network, In Touch, illustrate the current trends in vacancies and salaries for non-executive director positions in the UK.

The available roles require expertise spanning a broad range of specialisms including marketing, finance, and governance. Closely following Healthcare is the charity and education sectors, with management and then sport, leisure and travel making up the top five most in-demand NED sectors.

“Our analysis shows there has been an explosion of NED vacancies in the public sector, particularly in healthcare, but many professionals may not see themselves as a suitable fit for such roles,” said Oliver Tarpey of In Touch, a leading network for board-level professionals, who developed the insights.

“In large organisations such as the NHS, the vast array of specialities and experience that NEDs can bring are invaluable. Professionals need to be proactive by gaining access to training and support to ensure their skills are deemed valuable to boards across multiple industries.

“This is particularly true in the fields of health, charity, education, management and sport, and we know there are tens of thousands of people – experienced leaders and ambitious executives – who could contribute a wealth of knowledge to develop these sectors further by becoming a non-executive director.

“Business leaders with experience across any sector can become NEDs, and whether it’s for personal development, a sense of giving back or simply supplementing their earnings, there are good reasons to explore the extensive opportunities that are currently available.”

Of the five sectors where non-executive directors were most in demand, In Touch can reveal the average salaries for 2019 were:

1. Healthcare and Pharma £12,224
2. Charity/not-for-profit, £13,802
3. Education £6,913
4. General Management £13,758
5. Sport, Leisure and Travel £4,953

This was posted in Bdaily's Members' News section by Anna .