Taylor Root UK Trustee Network: An interview with Mary Bowie

Author Nikki Newton
January 30, 2024

As part of our interview series for our Trustee Network, Taylor Root Partner, Nikki Newton recently spoke to Mary Bowie, Lead Legal Counsel at Wakam about being a Trustee for The Insurance Charities (TIC).

What does your Trustee organisation do?

Wakam for Good (WFG) is an endowment fund with the intention of making partner contributions as impactful as possible. WFG financially supports NGOs to promote the inclusion of financially and psychologically fragile population.

Why were you interested in becoming a Trustee?

 I really wanted to be able to use my existing professional experience as a lawyer to be an agent for change in financial services/insurance to support financial and social inclusion. As a recently qualified coach, I have learned that alignment of core beliefs and values can facilitate greater career satisfaction and sustain motivation and so I have been grateful to have been involved in the project of establishing WFG UK as part of my role as Lead Legal Counsel UK.

I am also a trustee of The Insurance Charities. Established in the City of London in 1902 as The Insurance Clerks Orphanage, The Insurance Charities provides financial and practical support to current and former insurance employees in the UK and Ireland who are facing challenging circumstances. The Board of Trustees is drawn from across the insurance sector and its role is largely to ensure there is appropriate and robust governance in place, commensurate with the Charity’s size and purpose.

We help to shape strategy, including how to raise the Charity’s profile and reach potential beneficiaries who may need its support. As an example, we have recently undertaken a market mapping exercise and will now consider the data to inform future campaigns and objectives for the coming year. The Board will gather soon for one of its dedicated strategy days which brings trustees together outside their normal working life, to agree where the charity is, where it needs to be and how it will get there, which is an essential part of our work. Bringing our individual skills and knowledge together to create the best outcomes for the Charity and those it supports demonstrates the working of an effective Board, which I am thrilled to be part of.  

Briefly describe your role as a Trustee and what involvement you have in your organisation?

As part of a Board of Trustees, we are responsible for keeping the strategy and vision in line with WFG aims and values, ensuring that our decisions are made with in the best interests of the charity. Collectively we play a vital role in policies and oversight to ensure the charity runs smoothly and efficiently, making sure that risks are managed effectively etc.

What are the benefits to a General Counsel being a Trustee?

Professional Development: Being a Trustee provides an opportunity for professional growth and development. It allows the General Counsel to expand their skill set, gain experience in governance, and enhance their understanding of legal and regulatory issues related to the charitable sector.

Networking: Serving as a Trustee allows the General Counsel to connect with other professionals in the charity sector, including fellow Trustees, executives, and stakeholders. This networking can lead to valuable relationships, collaborations, and a broader professional network.

Leadership Experience: Serving as a Trustee offers the chance to take on leadership roles within the charity, such as chairing committees or leading specific projects. This experience can enhance leadership skills, which can be valuable in the General Counsel’s primary professional role.

Understanding of Nonprofit Sector: By serving as a Trustee, the General Counsel gains a deeper understanding of the nonprofit sector, its challenges, and its unique legal and regulatory landscape. This knowledge can be valuable in advising clients or organisations with philanthropic initiatives.

If you are interested in a Trustee role or are looking to hire a Trustee position, please get in touch with Nikki Newton to find out more. 

If you would like to join our Trustee network, find out more here

We want to reiterate that this is not a paid service and forms part of our referral programme, so please do not hesitate to get in touch. 

Jobs

  • Financial services (in-house)

Senior Legal Counsel – Employment EMEA

Leading global trading platform seeking a senior employment lawyer to join their global in-house legal team in London. This is an exciting and unique opportunity to join a successful, growing business within a supportive, dynamic team, with an interesting and broad spread of contentious and non-contentious employment work on offer. They are looking for an […]
  • Salary Excellent benefits package
  • Posted Posted 2 days ago
  • Financial services (in-house)

Wills & Probate Paralegal

An entrepreneurial scale up is currently seeking dedicated Probate Specialists to transform their probate operations by bringing them in-house, moving away from outsourcing. They are looking to make multiple hires. The role: You will be involved in collaborating with the legal team to draft and prepare legal documents required for wills, probate and/or lasting power […]
  • Salary £30000 – £45000 per annum
  • Posted Posted 3 days ago
  • Financial services (in-house)
  • FinTech

Head of Legal (Regulatory) – Fintech

Our client, a global disruptor in the fintech infrastructure, is recruiting a Head of Legal (Regulatory) reporting into their highly regarded Chief Compliance and Risk Officer, working closely with the executive leadership team where you will have a highly influential role shaping decisions at Board level. This is an excellent opportunity to be at the […]
  • Posted Posted 4 days ago
  • Financial services (in-house)

Commercial lawyer/ Sole Counsel

Established financial services company seeks sole commercial lawyer and company secretary. You will be integral to the business, working closely with the board and across all business areas including finance, commercial, compliance, HR, technology and operations supporting commercial functions and ensuring regulatory compliance. They are looking for an experienced commercial contracts lawyer to report directly […]
  • Salary Competitive benefits package
  • Posted Posted 4 days ago
  • Financial services (in-house)
  • Management consulting

Legal Counsel – French Language

Global Organisation is seeking Legal Counsel, who is fluent in French or French qualified. You will be part of a global team responsible for providing wide-ranging legal support across the business with a focus on the Organisation’s French business, on client engagement matters and encompassing commercial, corporate, employment and litigation related matters. You will be […]
  • Salary Generous benefits package
  • Posted Posted 2 weeks ago
  • Financial services (in-house)
  • Management consulting

Legal Counsel – French Language

Global Organisation is seeking Legal Counsel, who is fluent in French or French qualified. You will be part of a global team responsible for providing wide-ranging legal support across the business with a focus on the Organisation’s French business, on client engagement matters and encompassing commercial, corporate, employment and litigation related matters. You will be […]
  • Salary Generous benefits package
  • Posted Posted 3 weeks ago

Featured Content