Andrew Putwain: Can you introduce yourself and your role?
Timothy Rose: I am a Non-Executive Director at Baptist Insurance, a Financial Conduct Authority (FCA)-regulated general insurer, where I serve as an FCA Key Function Holder and Chair of the Investment Committee.
Baptist Insurance has more than a century of history as a property and casualty insurer across the UK, specialising in church and faith-based activities. The Investment Committee oversees a portfolio of fixed income and equity funds, selected and monitored through an ESG lens that reflects the organisation's values.
Alongside my board roles, I have spent almost two decades as a Chartered Director Assessor for the Institute of Directors, assessing more than 160 senior board directors seeking Chartered Director certification. One observation stands out: effective boards are not defined by the expertise they possess, but by the quality of the questions they ask, the challenge they provide, and their ability to ensure that decisions are executed rather than simply discussed.
Two governance areas particularly relevant to this discussion are third-party and material outsourcing risk, and operational resilience. As Artificial Intelligence (AI) becomes embedded in operational processes, both have become considerably more complex to oversee.
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