If groupthink and grey Directors are pervasive, then sweeping legislative changes must come to the National Insurance Board of Trinidad and Tobago (NIB), which will for once put an end to the board’s many tentacled reach beyond Cipriani Boulevard. At a minimum, the country and its Parliament must consider three things. First, whether there remains any value in having labour and employers occupy six seats in NIB’s boardroom and if so whether there is value in placing some restraints which will overcome many handed directorships; second, whether it is appropriate to have Members of Parliament sitting on the Boards of State corporations and Statutory bodies and third, whether it is appropriate to have persons, including Permanent Secretaries, their Deputies and State CEOs sitting on more than a handful of boards.
It’s the sort of thing which makes for stony silence: it’s also the kind of silence which seems atypical of firebrand labour and premier business association leaders, so heavily wedded to their respective bread and butter of workers’ rights and good governance.
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