Cayman Financial Review Feature: Independent directors and the split board saga

There has been an extraordinary focus on and trend towards “split boards” in the last few years. For most people, the accepted definition of a “split board” is having independent directors from different fiduciary firms. It is considered by some to be the best way to construct a board. In reality, this is an overly simplistic definition and assessment of how to recruit and construct an effective and diverse board. In the latest edition of the Cayman Financial Review, Geoff Ruddick of IMS sheds some light on the topical subject of "Split Boards" – engaging independent directors from different fiduciary firms.

Read the full Cayman Financial Review article here.

IMS is one of the longest established company management firms in the Cayman Islands. IMS is licensed by the Cayman Islands Monetary Authority to provide independent directors, company management and incorporation, mutual fund administration, captive insurance and trust services. For more information about our services, please contact us.

Disclaimer: this publication does not constitute legal or professional advice and should not be relied on as such.