At 66, asset management veteran Tony Watson has learned that, when it comes to corporate governance, it’s good to talk.

Watson retired from his position as chief executive of Hermes Pensions Management in 2006, and has since dedicated himself to serve as a non-executive director on numerous boards, including taking on the job of chairman of Lloyds Banking Group's remuneration committee and sitting on the boards of Vodafone and investment trust Witan.