Principal Duties of the Chairman of the Board
Board Meetings
- Chair all meetings of the Board in a manner which utilizes the time of the Board effectively and which takes full advantage of the expertise and experience that each director has to offer.
- Establish an agenda for each Board meeting which covers all matters which should come before the Board in the proper exercise of its duties.
Corporate Governance
- Provide input and support to the Chair of the Corporate Governance Committee on:
- Selection of committee chairs and membership on Board committees.
- Establishment of the agendas for the Corporate Governance Committee meetings.
- Compensation philosophy for the Board and candidates for Board membership.
- Be accountable to and provide leadership for all issues of corporate governance which should come to the attention of the Board and the Corporate Governance Committee.
Communication
- Ensure that the Board is provided with full information on the condition of the company, its businesses and the environment in which they operate.
- Facilitate and encourage constructive and useful communication between the management and the Board.
Shareholders’ Meetings
- Recommend to the Board for its approval an agenda for each shareholders’ meeting which covers all matters which should come before the shareholders.
- Provide leadership to the Board in the establishment of positions which the Board should take on issues to come before the annual meetings of shareholders.
- Preside at shareholders’ meetings.
Last updated: 22 Sep 2010