<P> A non-executive director ( abbreviated to non-exec , NED or NXD ) or external director is a member of the board of directors of a company or organisation who does not form part of the executive management team . They are not employees of the company or affiliated with it in any other way and are differentiated from inside directors , who are members of the board who also serve or previously served as executive managers of the company ( most often as corporate officers ) . However they do have the same legal duties , responsibilities and potential liabilities as their executive counterparts . </P>
<P> A non-executive director ( abbreviated to non-exec , NED or NXD ) or external director is a member of the board of directors of a company or organisation who does not form part of the executive management team . They are not employees of the company or affiliated with it in any other way and are differentiated from inside directors , who are members of the board who also serve or previously served as executive managers of the company ( most often as corporate officers ) . However they do have the same legal duties , responsibilities and potential liabilities as their executive counterparts . </P>
definition of non executive director under companies act 2013
definition of non executive director under companies act 2013
member of the board of directors of a company or organisation who does not form part of the executive management team
member of the board of directors of a company or organisation who does not form part of the executive management team