The second annual Institute of Directors Jersey corporate governance day focused on global changes and issues facing the Island, including regulatory requirements and board effectiveness.
The guest speaker was Steven Marshall, former chief executive of Railtrack, the company put into administration in 2001 after the UK government withdrew funding following the Hatfield rail crash.
Referring to his time at Railtrack, Mr Marshall said: ‘It was gruelling, but I would not have missed it for all the world.
There were huge lessons.
The biggest problem was privatisation by the previous government, which was horrendously flawed.
Currently chairman of Delta plc and a non-executive director of Southern Water and Balfour Beatty, at the age of 48 he has chosen to take on a portfolio of non-executive directorships rather than sign up for another executive role.
