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role of the chairman in corporate governance

role of the chairman in corporate governance

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Role of chairman in corporate governance:
The Chairman is expected to be independent on appointment and is expected to remain independent throughout his tenure.
1.To promote and oversee the highest standards of corporate governance within the Board and the Company.
2. To ensure that Board members receive accurate, timely and clear information to enable them to monitor performance, make sound decisions and give appropriate advice to promote the success of the Company.
3. To lead the Board and in particular discussions on all proposals put forward by the executive team.
4. To set an agenda for the Board which is , focused on strategic matters, forward looking, evaluates and oversees current business.
5. To maintain a proper process to ensure compliance with Board policy on matters reserved to the Board for consideration.
6. To manage Board meetings so that sufficient time is allowed for the discussion of complex or contentious issues and that all members' contributions are encouraged and valued.
7. To chair, serve on or attend Committees of the Board.
8. To maintain an effective and balanced team, initiate change and, supported by the Nomination and Governance Committee, plan non-executive director succession.
9. To encourage active engagement by all members of the Board.
10. To propose, in conjunction with colleagues, new candidates for Association Membership.
11. To be a sounding board and mentor to the Group CEO.

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