How to Protect Yourself as a Non-Executive Director in Emerging Markets

Impact Boards EM are excited to launch our "Virtual Boardroom" series for our members to meet virtually to network and share knowledge on specific board themes.

This one-hour discussion will be an opportunity for members to share their knowledge and experience of having served on boards across emerging and developed markets around the world.

We launch the second discussion in this series with a focus on How to Protect Yourself as a Non-Executive Director in Emerging Markets?

Serving as a non-executive director in emerging markets offers both influence and opportunity – but it also comes with significant personal and professional risks. This webinar explores the legal, reputational and financial challenges faced by NEDs operating in less predictable environments and how to navigate them responsibly.

We will examine key areas of exposure, including:

• Legal liability and litigation from minority investors or controlling shareholders

• The growing threat of secondary sanctions, particularly for directors on boards with geopolitical exposure

• Risks linked to financial instability or insolvency of the company

• The often-overlooked risk of being classified as a Politically Exposed Person (PEP), with implications for banking, compliance and personal privacy

We will also discuss practical strategies to mitigate these risks, such as:

• The importance and limitations of Directors & Officers (D&O) insurance

• The role of strong legal counsel and robust board-level due diligence

• Best practices in governance, oversight and documentation

This is a closed-door session designed for current and aspiring NEDs and governance professionals working in emerging and frontier markets.

Join us for an honest and informed discussion on how to protect yourself while continuing to add value as a director.

Moderator

Olga Pascault

Co-Founder, Chair - Impact Boards EM

Speakers

Olga Glazkova Vice President, Head of FinPro Practice - Marsh Insurance Brokers

Fedor Teselkin

Partner - Freshfields Bruckhaus Deringer