Why Asset Governance Belongs in the Boardroom
Kate Ivicheva
Andrew Gatland
In a recent article for the Institute of Directors Boardroom Magazine, Kate Ivicheva of Asseterra Limited and Andrew Gatland argue that effective asset governance has become a critical board-level responsibility.
Directors are asset managers. The Board has ultimate responsibility that the assets of the organisation are used to generate value for stakeholders. There are few more potent interventions that can be made to improve asset management maturity and performance than installing Directors who can ask the right questions of management.
Our latest article, co-authored with asset management expert Kate Ivicheva, explores why asset governance matters now more than ever, and the critical role directors play as stewards of the assets that enable organisational performance, resilience, and growth. While boards are not responsible for managing assets day to day, they are accountable for ensuring assets are understood, planned, funded, and managed in ways that sustain value over time.
The article draws on recent commentary from the Infrastructure Commission and Ministers, highlighting the need for stronger board-level visibility of asset condition, performance, risk, and investment decision-making. It outlines the kinds of questions boards should be asking, and how linking organisational purpose to asset performance can provide greater assurance and confidence.
For infrastructure boards and executives navigating and increasingly challenging environment, effective asset governance is essential. Read the full article to understand how stronger oversight, clearer information, and long-term thinking can help protect value and support more resilient outcomes.