The ICGN Non-Executive Director Remuneration Guidelines (2016) replaces earlier guidance published in 2013 and sets out the ICGN’s position regarding remuneration structures for nonexecutive directors, including board chairs. The updated Guidance has been developed, by the ICGN Remuneration Committee in consultation with ICGN members. This latest version contains two main changes including: expectations of nonexecutive directors to attain a significant shareholding are more clearly defined; and explicit reference to the remuneration of board chairs.