Citizens Financial Group, lead director Shivan Subramaniam has been named to the National Association of Corporate Directors’ 2020 Directorship 100 list. The prestigious list annually recognizes the most influential corporate directors, corporate-governance experts, policymakers and influencers who have significantly impacted boardroom practices and performance.
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“Courage, excellence, and exemplary leadership in the boardroom are as important today as they have ever been—and even more so as companies face an unwavering succession of challenges brought on by the COVID-19 pandemic”
“Courage, excellence, and exemplary leadership in the boardroom are as important today as they have ever been—and even more so as companies face an unwavering succession of challenges brought on by the COVID-19 pandemic,” said Peter R. Gleason, Chief Executive Officer, NACD. “This year’s honorees have positively earned the recognition that these awards offer. Not only have they served their boards and the governance community well, but they have also provided inspirational examples of what effective, purposeful, and accountable governance during difficult, exceptional times truly means.”
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Since 2007, NACD has recognized individual directors who serve as a role model by promoting exemplary board leadership. The 2020 honorees will be honored on opening day of the NACD Virtual Summit 2020 on October 12, and their profiles will be shared prominently with all 21,000 NACD members, as well as with partner organizations and other key governance stakeholders. They also will be highlighted in the NACD Directorship magazine’s Annual List of the Most Influential People in Boardrooms and Corporate Governance.
On the Citizens board, Subramaniam is lead independent director, Chair of the Nominating and Corporate Governance Committee, and member of the Executive Committee and Risk Committee. He was Chairman of FM Global, a commercial and industrial property insurer, from 2002 until December 2017 and retired from the board in April 2018. He also served as President and Chief Executive Officer from 1999 until his retirement at the end of 2014. Previously, he served as Chairman and Chief Executive Officer at Allendale Insurance, a predecessor company of FM Global. Elected president of Allendale in 1992, he held a number of senior-level positions in finance and management after joining the company in 1974. Subramaniam also serves on the board of directors of LSC Communications (since October 2016) and Lifespan Corporation (since December 2006). He is also a director of the Rhode Island Public Expenditure Council.
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