IoD Essex Branch Ambassador Introduction
Your name: David Newton
Your title/role and company name: Portfolio Finance Director at The FD Centre
Your IoD branch: IoD Essex
Your IoD Branch Ambassador role: Finance Ambassador
Q: How long have you been involved with the IoD?
I’ve been a member since 1991 and a Fellow since 2011. I successfully completed the Chartered Director exams in 2006 and hold the Certificate and Diploma in Company Direction.
Q: Can you tell us a little about your career to date?
After a BA in Economics and an M.Phil by research on International M&A’s, I qualified as an accountant in industry in 1985 (I’m an FCMA). I have worked as a finance director of divisions of large multinationals and of medium-sized private businesses in a variety of international businesses and industries including manufacturing, engineering, oil & gas, process safety, banking software and foreign exchange. For 18 years I have also been a licensed practitioner of certain types of human behavioural analysis (Thomas International DISC and Motivational Mapping).
Q: What do you hope to achieve as an IoD Branch Ambassador?
Good financial management is of huge importance and so too is good governance (as demonstrated by the IoD’s Chartered Director programme). I am a strong advocate of both and hope to spread that message through the IoD.
Q: If you could give your 21 year old self some advice what would it be?
Be bold and remember that with hard work and passion you can achieve anything.
Q: What keeps you busy outside of work?
My two daughters are grown up now; I keep fit at the gym, enjoy football and rugby. I like to learn languages and have taught myself German, Italian and Spanish (plus some basic Dutch) while improving my French. I also give voluntary help to the University of Essex: careers advice to business and economics students, and I sit on an Employers’ Advisory board for the Department of Economics.
Q: Are there any business related or policy issues that keep you awake at night?
There are always issues, no matter what the political or economic situation. The impact of Brexit (when we know what that will mean) and exchange rate volatility are the immediate obvious issues. Good governance and risk management help you to sleep more easily!
Q: Why do you think business leaders should join the IoD?
Business leaders need to learn about good governance and about the highest standards in company direction. I would encourage them not only to join the IoD but also to enrol in the Chartered Direction qualification, which is a superb training course.