The Key Characteristics of an Independent Director

During a financial transaction, an Independent Director plays a critical role by sitting on the board of directors for a special purpose entity and helping to manage the loan. An effective Independent Director must be trustworthy – able to make a measured decision regarding bankruptcy should the issue arise.  CT’s Director of Corporate Staffing, Vic Duva, highlights how to best choose an Independent Director and what qualities are most important for this essential role.

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