Roles, responsibilities of board directors

MANILA, Philippines — An effective and well-functioning board starts with knowing the roles, responsibilities, and liabilities of all members, as well as their functions in different committees they are assigned to.

To guide board directors on this, the Center for Global Best Practices is hosting an SEC-accredited webinar  entitled, Roles, Responsibilities and Liabilities of Board Directors scheduled on Friday, March 19 from 2 p.m. to 4 p.m. via Zoom.

(For a complete list of other Best Practices programs such as Saving your Business through Corporate Rehabilitation, Best Practices in Internal Controls, Certification Course for Compliance Officers, Best Practices in Corporate Housekeeping, and more, visit www.cgbp.org or call Manila Lines (+63 2) 8842-7148 or 59; (+63 2) 8556-8968 or 69).

This program is designed to update board directors on their key duties and responsibilities based on SEC MC 24, Series of 2019, SEC MC 19, Series of 2016, Republic Act No. 11232 or the 2019 Revised Corporation Code, and Republic Act 8799 or the Securities Regulation Code. This training will also provide attendees with a comprehensive guide on issues on composition, term of office, governance responsibilities, fiduciary obligations, disclosure and transparency, frameworks on internal control system and risk management, cultivating a synergistic relationship with shareholders and more.

Learn from lawyer Justina Callangan who is the former director of Corporate Governance and Finance Department of the Securities and Exchange Commission. Her responsibilities included supervision of all Philippine corporations to ensure all organizations registered with the SEC abide by its governing laws, its rules and regulations and corporate governance compliance.

This training is accredited by the Securities and Exchange Commission for corporate governance training. Registration is open to the general public and is applicable to all types of corporations including stock, non-stock, non-profit corporations, foundations, schools as corporate entities, public and publicly-listed corporations, and GOCCs with a corporate structure under the SEC.