Nic Wood

Technology, risk and governance

Helping boards ask the right questions about technology

I have worked in technology for more than thirty years, from the RAF to company director and chief technical officer, much of it in defence, nuclear, finance, regulation and the public sector. I now want to bring that experience to boards as a non-executive director, trustee or governor. On a board, my job is to ask whether technology, data and risk are really under control, and to make the answers clear to people who are not technologists. It is not to run the technology.

What I bring to a board

  • Judgement where the stakes are high

    Much of my work has been in regulated and safety-critical settings. At a UK government-owned nuclear organisation with rail and maritime sites around the UK and abroad, I led the restructuring of how information was classified and controlled. I quantified the risks, recommended the best route, and set out the governance options to support it, with examples, so senior leaders could decide on evidence.

  • Knowing when assurance is too optimistic

    I have designed how organisations store, share and protect information. I know what good looks like, and where reports to the board tend to say more than the evidence supports.

  • Spending decisions with the consequences in view

    As chief technical officer, I put every budget and major purchase forward with the consequences of approving, refusing or delaying it, from backup power for the server room to call recording for the dealing desk. I now ask management the same: what will this change, what happens if we don't do it, and how will we know it has worked?


If you are recruiting for a board and would like to talk, please get in touch

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