7.2.2 The appointment of supervisors

This subsection addresses the issue about the appointment of supervisors, which name refers to NEDs in a British unitary board structure. This issue is important for the discussion about independence. If a certain person, group of persons or corporate body is responsible for the appointment of the supervisor, this certain person, group of persons or corporate body has a certain power over the supervisor and this might influence the supervisor’s independence. First the relevant sections of the Companies’ Act 2006 and articles of the model articles of association are described, thereafter the UKCGC is described.