NEW ILA Service
The ILA Governance Desk
The help desk area where ILA members can ask questions/concerns and find market-based practical answers to their corporate governance matters.
The channel to submit questions to the Governance Desk is now operational.
These questions and answers will then be gathered in a FAQ section.
The Institut Luxembourgeois des Administrateurs (ILA) has identified a need to help Luxembourg’s Boards better understand how to approach the concept of Director “independence.” This goes beyond any legal or regulatory requirements and must be seen in the wider context of how independence of mind relates to the concept of independence in the role of a NED. It is important to analyze stakeholder expectations, techniques for managing conflicts of interest and wider Board composition trends, “which have led to the emergence of this sub-group of Non-Executives on a Board who are considered to be “independent.
The Institut Luxembourgeois des Administrateurs and KPMG Luxembourg are very proud to bring you the fourth edition of our report on the remuneration of non-executive directors in Luxembourg incorporated financial, industrial, and commercial companies.
As in previous editions, we have collected remuneration data from, on the one hand, financial, industrial and commercial Luxembourg-incorporated companies and, on the other hand, non-executive directors regarding all the mandates they hold in boards of directors and specialized board committees.
ILA advocates embedding sustainability at every level within a company as best practice and key for businesses to thrive, important in these rapidly changing times.
In ILA’s view, boards have three main areas of responsibility: strategy; challenging and supporting management; and monitoring performance. Formulation of an effective strategy is fundamental for a company’s success and essential for navigation in uncertain times where the only constant is change. Sustainability should be integral to strategy.
Upcoming events & training
The Essentials Luxembourg
The program covers the role and responsibilities of directors and their key duties in the major legal and regulatory frameworks specific to the Luxembourg business environment.READ MORE HERE
Creating A Sustainable Mindset, 21st Century leaders in your organisation
Become the leader of a sustainable future! Join the new masterclass inspired by realistic, scientific and sustainability-oriented principles and transform your business and community to thrive sustainability!
Advantages of being an ILA member
Access o the most important network of corporate governance cross sector experts and key decision makers in Luxembourg.
Access to Director-level training, ongoing vocacional training and high quality Director Certification Programme.
Access to a resourceful documentation (news, guides and best practices) on corporate governance