Open Lecture by Prof. Henry Alexander Henrysson: Suitability Assessment in a Society of Distrust

The Centre for Sustainable Business at SSE Riga invites you to a guest lecture by professor Henry Alexander Henrysson from University of Iceland on the topic - Suitability Assessment in a Society of Distrust. 

14:15 - 16:00 Friday 23/03/2018

SSE Riga, Strelnieku 4a, Soros Auditorium

"In a recent paper presented at a conference on trust and expertise, I tried to answer questions on the role of the moral philosopher in a public life. The motive was my recent experience as an ethical advisor in a public advisory committee for the Financial Supervisory Authority in Iceland. The purpose of this committee is to advice in suitability assessment for potential members of a board of directors in regulated financial entities," reveals Henry Alexander Henrysson.

The economic crash of 2008 and its aftermath have had profound impact on the Icelandic society resulting in unprecedented levels of distrust within the society. Badly governed banks, insurance companies and pension funds were not tolerated by the public, and the focus shifted rather rapidly towards the suitability of the management and key function holders in these institutions.

Rather than focusing solely on the role of the ethics advisor, this talk will investigate the original rationale behind the formation of the committee, which consists of three experts in law, finance and ethics/governance. Drawing on the rationale, the talk will assess the experience and practical impact of the committee while highlighting some of the most pressing problems which have surfaced in the process. Lastly, this talk will ask, with reference to the considerable demand for a more visible role of ethics in the wake of 2008, whether the new and somewhat burdensome suitability assessment has strengthened morality and work practices in the financial sector in Iceland.


Henry Alexander Henrysson received his PhD from the University of Reading (UK) in 2007. Since 2008, he has taught philosophy at the University of Iceland. His research interests include early-modern philosophy, Renaissance philosophy, late-medieval philosophy, research ethics, bioethics (genomic research) and informal logic.

As a senior research fellow of the Centre for Ethics he has taken part in research projects on Icelandic democracy, genomic research and animal ethics. Among his courses is a graduate course on the ethics of science and research. Currently, he is a member of the National Bioethics Committee, The University of Iceland Ethics Committee, The University of Iceland Research Ethics Committee, the Advisory board for the registration of secular life stance and religious organisations in Iceland and the Suitability Assessment Advisory Committee for the Icelandic Financial Supervisory Authority.

In recent years, he has worked extensively as a consultant for the implementation of critical thinking and ethics across the curricula for the Ministry of Education and the University of Iceland. He is Iceland’s representative of the Council of Europe’s Pan-European Platform on Ethics, Transparency and Integrity in Education (ETINED).

 

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