Opinion

Insight: supporting a FTSE 100 (UK)

01 October 2013

TMF Group UK’s Company Secretarial team offers an insight into its work supporting a FTSE 100 company during a difficult transitional period; they explain how they are helping and what they are getting out of the experience.

Since May, three of TMF Group UK’s Company Secretarial team members at different levels, from graduate trainee to senior manager, have provided the company secretarial function for a FTSE 100 firm, following several departures and in the midst of a high profile takeover.

Madeleine Cordes, Senior Manager, said: "TMF Group's experienced team has been able to provide stability, consistency of support and a central point of contact for information through a busy period for the directors and senior legal and finance colleagues. A lot of our time has been spent supporting an extensive programme of ad hoc board and committee meetings and the AGM, ensuring that arrangements ran smoothly and that papers and information were supplied efficiently. With directors all over the world, we try to oil the wheels of communication, especially by providing support for the non-executive directors, and look ahead to prepare for life as a private company should the offer be successful."

Vivienne Mclean, Senior Company Secretarial Executive, commented: "Having already been on secondment in a FTSE 100 Secretariat, I am looking forward to applying my previous in-house knowledge and experience to this new assignment."

Natasha Jamal, Graduate Trainee, said: "It's been fascinating as part of my training getting to know how an in-house FTSE 100 secretariat operates and the variety of areas we get involved in from D&O insurance and insider lists to risk registers, ONS surveys and subsidiary compliance and accounts and mortgages and charges. There are many different departments which we have to support on a daily basis, as well as the directors, and a lot of the initial enquiries come to me. I've enjoyed meeting lots of new people and working with other members of the TMF Group team onsite at our client's office".

If you or your clients need company secretarial resource to cover a leave of absence or at a particularly busy time, contact Madeleine Cordes from the UK Company Secretarial team.

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