Navigating the tightrope: Managing conflicts of interest in not-for-profits
Boards face the challenge of managing conflicts of interest. Good governance practice helps to navigate these successfully.
A recording of a live webcast with a panel of senior not-for-profit directors held on 25 May 2020.
NFPs often seek to fulfil an ambitious goal but inevitably struggle to source the capital to achieve it. Unlike the for-profit sector, NFPs are faced with the unique situation where the person paying for the service isn’t always the one receiving it.
The panel of senior NFP directors explore this tension, specifically addressing the following three areas:
Alan Isaac CNZM, FCA, CFInstD is a Chartered Fellow of the IoD, president of the IoD’s national council, is a member of the IoD’s policy and practices, audit and risk, governance leadership oversight and human resources committees and serves as a director on the IoD’s commercial board.
He has had extensive experience governing and leading businesses and sporting organisations throughout his career. Alan was chair of KPMG for 10 years - until 2006, former chair of New Zealand Cricket and former president of the International Cricket Council. He currently chairs the New Zealand Community Trust, is a director on the boards of Murray Capital GP Ltd and Selacs Insurance Ltd. He is also a director on the boards and chairs the Audit and Risk committees of Oceania Healthcare Ltd, Skellerup Holdings Ltd, Scales Corp Ltd/SCL Ltd and the Wellington Free Ambulance.
Alan’s current community sporting roles include chair of the Basin Reserve Trust and serving as a trustee on both the Wellington Cricket Trust and the Brierley Cricket Foundation. He is a Fellow Chartered Account and a Companion of the New Zealand Order of Merit.
Jo is a Chartered Fellow of the Institute of Directors, chair of Northpower Fibre (ultra-fast broadband), chair of Maritime NZ, chair of Rotorua Lakes audit and risk committee, chair of Harrison Grierson and also on the Auckland Museum Trust board and principal of Leaders for the Future. She is chair of the Taitokerau Education Trust, supporting digital learning in low decile schools in Northland, a member of the Centre for Brain Research advisory board, and of other trusts. She is the founder and advisory Trustee of Leadership NZ, was chair for more than a decade and has had an extensive governance career. She was previously CEO of the Northland Regional Council and of the Auckland Regional Council.
As a Harkness Fellow and Aspen scholar, Jo spent a year researching leadership in the USA.
Martin is a senior corporate partner with more than 30 years' experience in corporate, commercial and insolvency law. He has advised some of New Zealand’s largest and best-known businesses on complex transactions and on their day-to-day legal needs.
Martin is currently country managing partner of DLA Piper New Zealand. He was at the forefront of the integration of the Australian and New Zealand businesses with DLA Piper.
Martin is also chairman of Starship Foundation, which fundraises for the national children’s hospital Starship, and a committee member (and secretary of) the Lake Tarawera Ratepayers' Association, which aims to preserve for all the unique environment and water quality of Lake Tarawera in the Bay of Plenty.
Vivien Sutherland Bridgwater has a long and successful history of senior management roles in leading New Zealand organisations, including as chief executive The Radio Bureau, general manager university relations Auckland University of Technology (AUT) and most notably as co- founder and general manager Mai FM88.6. More recently she was the general manager destination and marketing for Auckland Tourism Events & Economic Development (ATEED).
Vivien has also had substantial governance experience including chair of Save the Children New Zealand, board member Save the Children International, trustee for the Sky City Community Trust and Youthline and as board director for both ATEED and Television New Zealand. She is currently a Commissioner on the Tertiary Education Commission and the chair of the Auckland Theatre Company.
Vivien is Ngati Whatua, a mother of three, and brings a deep cultural awareness and commitment to her work. She actively promotes interests for youth, Maori, Pasifika, and multicultural communities, and is a passionate proponent of building and celebrating diversity in business, and contributing to rich and empowered communities.
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