CORPORATE GOVERNANCE

ROLES AND FUNCTIONS OF THE CEO

  1. 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
  2. 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