STRUCTURE AND REQUIREMENTS FOR AN EFFECTIVE BOARD OF DIRECTORS

It should be clearly noted that in terms of the Companies Act, all Directors, Executive and Non-Executive Directors have a statutory duty to promote the success of the Company for the benefit of its members as a whole. CHARACTERISTICS OF AN EFFECTIVE BOARD OF DIRECTORS WISHING TO DO AN IPO CHAIRMAN ROLE CEO ROLE ARTICULATING … Read more

Role Of The Non-Executive Director (“NED”)

Non-Executive Director

Role Of The Non-Executive Director In Difficult Markets And Economic Uncertainty And What Keeps Him Awake At Night Although we should not be policemen, NEDs need to be more vigilant and clearly understand our fiduciary duties, and need to clearly identify major risks of the company on whose Board we serve.

Qualities of a Good Chairman

The role of the Chairman has become much higher in profile and the expectations have increased as, quite rightly, stakeholders now expect an engaged, energetic, and involved Chairman who does more than simply manage the corporate governance process. The success of a Chairmanship undoubtedly hinges on the relationship the Chairman has with the chief executive, … Read more