Breaking into non-executive roles in a competitive market: the success story of Cornelius Sanwo (ACCA x NEDonBoard)
Transitioning into a non-executive director (NED) role can be a challenge, even for seasoned and qualified professionals with deep industry expertise. One of our members, Cornelius Sanwo, an experienced professionally qualified accountant working in social housing, found this out first-hand when he decided to move from an executive finance role into the boardroom. His journey highlights key lessons for professionals considering a similar transition.
1. Industry experience may not be enough, you also need a strategy
Having spent years in social housing finance, supporting boards and working on governance, Cornelius Sanwo assumed his deep sector knowledge would naturally lead to NED opportunities. But he quickly realised that the space was competitive.
🔹 Key learning: Just because you’re experienced in a sector doesn’t mean you’ll walk into a board role. You need a strategy, positioning, and persistence.
2. The first few applications might not work, that’s normal
Cornelius Sanwo initially applied for two or three roles but didn’t get them. Like many first-time NED candidates, he needed to refine his approach. That’s when he turned to NEDonBoard, looking for insights, training, and a focused network.
🔹 Key learning: Rejections are part of the process. Rather than assuming it’s a dead end, reflect on what’s missing and adjust your approach.
3. Networking and learning events open doors
Cornelius Sanwo attended multiple NEDonBoard events. Our events helped him understand what boards look for, the differences between executive and non-executive mindsets, and how to position himself effectively.
🔹 Key learning: Exposure to real-world board discussions is invaluable. Engaging in NED networks can help you bridge the gap between executive and non-executive roles.
4. Adaptability is crucial, so be open to different routes
His initial goal was to build a portfolio of roles. But he started with unpaid trustee positions and secured consulting work, while on a search for board positions. By building his boardroom experience step by step, Cornelius Sanwo ultimately secured a paid NED role in October 2024.
🔹 Key learning: Your first board role may not be exactly what you envisioned. Nevertheless, it’s a stepping stone. Be open to unpaid or advisory positions to gain experience.
5. Board roles require more than technical expertise
Though an accountant by training, Cornelius Sanwo realised that audit and risk roles required a different skill set from his background in finance, treasury, and compliance. This awareness helped him refine his board value proposition.
🔹 Key learning: A clear value proposition is essential. Boards want to know how you will contribute at a strategic level. Define your unique strengths, communicate them effectively, and align them with boardroom priorities.
Final thought: stay committed to the journey
Now, with multiple trustee roles, a consulting portfolio, and a paid NED position, Cornelius Sanwo is continuing to refine his board career, looking to take on more NED roles. His journey is proof that breaking into the boardroom takes adaptability and the right support network.
If you’re looking to secure your first board role, where are you in the process? Are you facing rejections? Struggling to stand out? Not sure where to start?
👉 NEDonBoard, Institute of Board Members offers the insights, training, and community to help you position yourself effectively and secure your place at the boardroom table.
