consejeros independientes

20:36 Jul 18, 2008 

I think you just said it, Clinton; and I quote you: "...'independent advisers'... don't have the same legal responsibilities as exec or non-exec directors". That's key.
As I said, your help is much appreciated, as it is that of other prozians here. But with all due respect, an independent adviser, as you suggested in your answer, is not a "consejero independiente", nor is an independent consultant, as you also proposed. A "consejero independiente" is a non-executive director (in the UK), or an independent board member (in the US).
As for your Oxford Business Spanish Dictionary, from what year is your edition? If it's previous to 2005, "consejeros independientes" almost didn't exist in Spanish-speaking countries. The term was coined in Spain around 2002, and most probably your Oxford didn't take notice. That might be why they translated the term as "director sin funciones ejecutivas" instead as "consejero independiente".

Perhaps, subsequent editions of the OBS right the wrong. But if they don't, it doesn't necessarily mean that a NED is not a "consejero independiente". It just means that they didn't update the dictionary correctly. As transaltors, we have to undestand that dictionaries are not oracles; they are just references. This is not a religion; no bibles here. We work with the language on every-day basis. The dictionary, with luck, comes up every year. That means, sometimes, we have to adapt to the use faster, much more so if we are consulting an old edition.
Finally, regarding the "unusualness" of the pick, you hinted in your note, I'd rather be unusual than unfair. And I'm convinced not only of having fairly picked the right answer here, but also of having done so with the necessary explanation.
Again, thank you so very much for your help.
Best regards,
Ricardo

16:35 Jul 18, 2008 

Gracias Ricardo por los puntos y por lo que aprendí a través de los colegas.

10:56 Jul 18, 2008 

(continued) good contacts in the industry. Anyway, for NED, Oxford says "director sin funciones ejecutivas". I think companies can have "independent advisers" on Boards - they don't have the same legal responsibilities as exec or non-exec directors. HTH

10:50 Jul 18, 2008 

It's unusual for someone to not choose an answer that has 10 agreers, so I checked in my Oxford Business Spanish dictionary for non-executive director - a term I know well and means a board member who plays no executive role but advises and usually has

03:27 Jul 17, 2008 

Gracias Ricardo por la referencia que diste a Henry, a mí también me va a ser de mucha utilidad, pues traduzco mucho sobre temas legales corportivos. ¡Suerte! Maru