What are the Roles and Responsibilities of the Board of Directors?
The board of directors plays a pivotal role in corporate governance. Their responsibilities include:
Setting the company’s strategic aims and providing leadership to put them into effect. Supervising the management of the business and holding them accountable for their performance. Ensuring that the company complies with all relevant laws and regulations. Protecting shareholders’ interests and ensuring effective stakeholder engagement. Overseeing risk management processes to identify, assess, and mitigate risks.