CORPORATE GOVERNANCE
ROLES AND FUNCTIONS OF THE CEO
- CEO is appointed by the Board of Directors
- Appointed by the Board of Directors
- Leads and Directs the organisation
- Is expected to know the inner functions of the organisation
- The Board should appoint an effective and ethical CEO, Core functions include:
- Plays a critical and strategic role in the operations and success of the company’s business
- Manages the organisation and its affairs
- Maintain stakeholder’s confidence within the organisation’s executive management
- Ensures that the long-term strategy and vision of the organisation and its management are developed and recommended to the Board, to generate satisfactory levels of the funder’s value.
- Foster/ Strengthens stakeholder relationships
- Maintain/ builds strategic business relationships
- Manage organisation’s exposure to risks
- Builds company brand/ image
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