Richard Sheath

Director, Independent Audit Limited

Richard has wide experience in governance effectiveness built up over the past thirteen years since founding Independent Audit Limited.  In assessing board effectiveness, he has particular expertise in supporting audit committees in assessing risk management and internal control and assurance along with the impact of behaviour and culture.  Clients have included Rolls-Royce, Smith & Nephew, Antofagasta, Fresnillo, QBE Europe, QinetiQ and the Unilever Pension Fund.

Richard was until recently audit committee chairman of SUEK PLC, the largest coal producer in Russia and audit committee chairman of Eurochem, a major global fertiliser company.

He is a leading thinker on board effectiveness and writes our monthly bulletin “The Effective Board”.  He has published guidance on how boards can assess control culture and on subsidiary governance.