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IoD & KPMG: In Conversation with Sir James Wates CBE, Chairman of the Wates Group

29 Apr 2021
Online webinar, Online
Join us for this interactive session with Sir James Wates CBE, Chairman of the Wates Group.

In conversation with Sir James Wates CBE, Chairman of the Coalition group which introduced the Wates Principles for large private companies.

"Good business, well done, is a force for good in society, and the new corporate governance principles ultimately will help companies with the tools they need to improve the way they do business."
- Sir James Wates CBE

Sir James Wates CBE is the chair of The Wates Group, a family-owned business of 4,000 employees. He is the 4th generation in the Wates family to chair the group. 

In late 2017, Sir James Wates CBE, was invited by the Government to lead the development of corporate principles for large private companies. The resulting code  – now known as the Wates Principles was launched in December 2018 and provides a framework to help companies to meet legal requirements while promoting long term success. The Wates Principles encourage these companies to adopt a set of key behaviours to secure trust and confidence among stakeholders and benefit the economy and society in general.

Wates became the first company to embed these principles in its financial reporting, within its Annual Review of 2018. From 1 January 2019, all private companies are required by law to do the same, to demonstrate how they have adopted the principles.

Key details

Date & time: 29 Apr 2021 12:00 - 13:30
Location: Online webinar, Online
CPD Hours:

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Event manager:
Event Manager Chelsea Brennan
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Sir James Wates CBE, Chairman of the Wates Group

James has worked in construction his entire life. He read estate management at college and joined Wates construction in 1983.

He joined the Wates Construction Board in 1994 and was appointed to the Wates Group Board in 1997. He became Chairman in 2013.

Through his numerous roles he has championed change in the sector with the ultimate goal of creating a higher quality built environment, stronger communities and a better society.

He has encouraged:

- Investment in skills development
- Greater collaboration
- The application of modern methods of construction

He was awarded the CBE for services to construction and the charitable sector in 2012 and then knighted by HM Queen in 2019.

Host: John Campbell, BBC Northern Ireland’s Economics and Business Editor

Panellist: Kevin Bell, Tax Partner, KPMG 

Kevin is a tax partner at KPMG in Northern Ireland and has over 25 years’ experience of providing tax advisory services to a diverse portfolio of clients, with particular expertise in tax planning for owner managed companies. During that time he has built up a deep understanding of the commercial and  related tax issues typically faced by these companies as they move through the various phases of development. 

Kevin also leads the private client services team for KPMG in Northern Ireland specialising in the provision advice to private clients in relation to estate matters, tax residence and domicile issues, wealth management and on the strategic use of trusts etc.  
Kevin is a Fellow of Chartered Accountants Ireland and a former Chairman of the NI Branch of the Chartered Institute of Taxation.
Panellist: Janhavi Dadarkar, IoD Tutor & Founder & Board Member at Academy for Board Excellence

Janhavi is the Programme Lead for IOD’s flagship governance courses, a Chartered Director, an Advisory Board member of the IOD’s Centre for Corporate Governance and holds the accolade of having been the youngest member of IOD’s Board of Examiners. Janhavi’s broad career as a corporate lawyer and equity partner in the City followed by her own ventures which she successfully built, restructured and exited means she has that rare combination of academic and legal rigour in UK and international governance regimes combined with the mindset and practical experience that makes her an ideal thinking partner for any board. Janhavi currently is the CEO of Maiora International, a boutique advisory firm that boasts an eclectic client list from private equity firms, charities, governmental and supra-national organisations to film studios, famous personalities and enterprising families and individuals. Committed to learning, honing her skills and keeping touch with the real challenges that board have, she continues to hold portfolio of board roles including as an Independent Chair on the board of a technology company, a board member on an Indo-European think tank and adviser to boards of a National Student organisation and a local authority trading company.

Panellist: Barry Byrne, Managing Director, The Mount Charles Group

Barry joined The Mount Charles Group in 2018 as Managing Director to lead the strategic direction and development of a well-established family business delivering catering and facility services across the UK and Ireland with 2,500 employees.

Prior to this he developed start up renewable energy and technology businesses working with private equity clients in London and Asia. Barry also spent 20 years’ as Managing Director of  various business units for a global Plc. This extensive and varied experience included a range of business units providing multiple services to Governments, business and consumers. This included business units with £120m turnover, with 4,000 employees and across multiple markets. Barry has strong entrepreneurial leadership skills with a passion for good governance, effective performance management, strategy development and execution. Barry is a fellow of the IoD and member of the Northern Ireland IoD Committee. 



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