Here’s the fourth of the 21 hats that the corporate secretary wears: “The corporate secretary role has evolved dramatically over the past several decades. In the old days, the corporate secretary job was much more administrative. It didn’t require a law degree. Boards often were rubber stamps for the CEO. So board meetings typically were more about having a good time and not much in the way of real work. Corporate secretaries were there to support these social gatherings. Those days are long gone and that characterization of the corporate secretary’s role is gone too. To do this job properly, you really need a solid handle on what is happening with corporate governance—the latest developments. This way, you can speak with confidence when relevant topics come up, like “does ISS treat every company like this?” Or “what do other people do when they get this type of shareholder proposal?” You need to have the expertise to answer governance questions from directors so that they view you as a peer at the appropriate times—that you are the most knowledgeable person in the room when it comes to corporate governance.” #corpgov https://lnkd.in/eZj-F6fS
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Corporate secretaries play a crucial role in ensuring good governance practices. At MEIoD, we believe corporate secretaries are essential for facilitating effective board operations and sound decision making. As board secretaries, they provide administrative and logistical support to the board of directors. They organize meetings, circulate agendas and supporting documents, take minutes, and follow up on important action items amongst so much more! More importantly, corporate secretaries act as governance advisors to the board. They keep directors informed of regulatory requirements and best practices, and help evaluate the board's performance. They also support directors in upholding their fiduciary duties. With increasing regulations and shareholder scrutiny in the Middle East, the role of the corporate secretary has become even more critical. Boards rely on them to navigate complex compliance issues and minimize governance risks. If your organization doesn't have a proper corporate secretary function, consider establishing one. Empowering corporate secretaries will strengthen your board's effectiveness and help build a culture of integrity and transparency. #corporatesecretary #BoardSecretary #corporategovernance #CompanySecretary #BoardEffectiveness
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🔒 Elevate your role as a Company Secretary with LEVEL 2 SECRETS TO BEING AN EFFECTIVE COMPANY SECRETARY COURSE! 🌟 💰 Investment: R4,995.00 – R6,300.00 📚 What's on the agenda: - Decode the Companies Act, 2008 - Embrace your role with clarity on the Duties of the Company Secretary - Streamline administrative duties - Stay compliant with regulations - Acquire practical tips for optimal effectiveness - Navigate interactions with the board and individual directors - Master engagement with shareholders - Perfect your approach to annual general meetings - Hone your minute-taking skills - Contribute to director induction - Understand board charter and terms of reference - Conduct impactful board assessments - Delve into ethics and whistleblowing - Navigate compliance challenges like a pro 🎓 Who should be there: - Company Secretaries - Governance professionals - Members of and advisers to Boards of Directors - Directors - Chairmen - Executive & non-executive directors Ready to unlock the secrets to success? 🚀 Reserve your spot now! https://lnkd.in/dxfj7qyT #EffectiveCompanySecretary #ProfessionalGrowth #BoardLeadership #UnlockTheSecrets
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In my last post, I highlighted the position of the Board, as custodians of Corporate governance in any organisation. In addition to the Board, another key custodian of Corporate Governance is the Company Secretary. The Company Secretary is responsible for ensuring the company's compliance with all applicable laws, and relevant governance policies and frameworks. Below are some of the key roles of Company secretaries, as it relates to Corporate governance: ✍ The Company Secretary ensures the Company's compliance with all applicable laws, including filings and documentations with relevant government authorities. ✍ The Company Secretary advises the Board on the legal and regulatory impact of its decisions, ensuring that all decisions are made in accordance with the law. ✍ Company Secretaries facilitate all Board and Board committee meetings. ✍ Company Secretaries may assist management and the Board in drafting policy documents, and memoranda, for effective decision making. In your opinion, is a Company Secretary indispensable to achieving good corporate governance? What other responsibilities do Company Secretaries have, as it relates to Corporate Governance? #CorporateGovernanceTuesday #CorporateGovernance
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The role of the Corporate Secretary has changed, and gone are the days of shuffling papers and filing forms. In the past, the role of the company secretary has been mostly limited to largely administrative tasks, such as taking the minutes at board meetings or producing reports for use at annual general meetings. Nowadays, companies are adopting roles as a Governance Director demonstrating that governance is not a purely administrative issue, but a key strategic pillar in the organization. The role of Company Secretary is seen as fundamental to help companies fulfill their obligations and pursue new strategic opportunities. #cosec #corporategovernance #corporatesecretary #luxembourg #goodgovernance https://lnkd.in/gEHYHYMt
What’s in a Name? Company Secretary Rebrand Would Elevate Governance
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In-house Counsel | Commercial Lawyer | Public Sector Advisory Consultant | Compliance Specialist | Employment Law Counsel | Governance Practitioner
Corporate secretaries are gatekeepers of good corporate governance who assess the organisation's actions or proposed actions and have the authority to refuse or prevent them if they present a legal or ethical risk. They are boundary spanners as they interact and communicate with different groups within and outside the organisation. They act as a bridge between the organisation and its various stakeholders. They also serve as the essential link in building and nurturing key relationships within the boardroom. Corporate secretaries are cops because they are responsible for ensuring compliance with laws and regulations, and they may also investigate potential legal issues and address them before they escalate. They are also the piping system as they function as the vital pathway through which important information circulates among the various stakeholders and individuals and connections that define and populate the boardroom. Corporate secretaries are the "invisible power behind the throne," they face the task of managing the delicate balance between maintaining a low-profile yet influential role supporting the board chairperson, while also skillfully addressing any issues regarding the performance of individual board members to ultimately enhance the overall effectiveness of the board. This involves handling difficult decisions, navigating complex situations, making thoughtful assessments, serving as trusted advisors and confidante, and upholding a strong sense of trust.
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I have always believed the Company Secretary is a vital cog in an organization's Corporate Governance ecosystem. Those company secretaries I engage with, whether in-house or outsourced, in listed corporations, which I serve as an Independent Director, have demonstrated their invaluable support not only in compliance work but also in certain advisory roles. I am now looking at how the Company Secretarial function can assist the Board in the ESG agenda. Any thoughts, my valued LinkedIn contacts?
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#good governance #trust #authenticity #negotiation #emotional intelligence #ethics Privileged to have been given the opportunity to research and write this guide on behalf of CGISA for company secretaries and governance professionals 🙏🏼
🗺️ As our best practice guide suggests, there is an art to being a good company secretary. As with the mastery of any skill, it comes with many years of experience - working intensely with board members and executive management. Our best practice guide showcases the core skills of a company secretary and how these skills are a necessary component of building good governance practice. 📜 Download our best practice guide: www.chartgov.co.za #BestPracticeGuide #ArtofBeingaCompanySecretary #GoodGovernance #CGISA
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Uncover the real impact of good governance and become a High Performing CEO, Company Secretary, Governance Professional, Board Member or Administrator. Expand your knowledge and competencies required for high performance at Board and Senior Management levels, and in your role as Board Chair, CEO, Company Secretary, Governance Professional, Executive Director, Non-Executive Director or Administrator. Gain competencies that will help you achieve good governance and sustainable business. Get skills that will help your business benefit from profitability, improvement in shareholder value, compliance, and effective internal controls. At the end of the course, you will be able to apply knowledge and skills required to ensure that your company's Board of Directors reflect diversity and the optimal structure. That the required induction, development and evaluation of Board members is undertaken. Enroll and build competencies that elevate your performance. Benefits • Full Lifetime Access • Access on mobile and TV • Online video content • Certificate of completion • Instructor Q&A • Instructor direct message Get Lifetime Access Course on Corporate Governance with 30-Day Money-Back Guarantee Click https://lnkd.in/ezp3TFcd Contact: Prof John J M Martey FCG Founder and CEO Corporate Developments Consultants Limited Telephone: (233) 5000 77 596 Email: [email protected] #corporategovernance #boardofdirectors #boardmembers
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🗺️ As our best practice guide suggests, there is an art to being a good company secretary. As with the mastery of any skill, it comes with many years of experience - working intensely with board members and executive management. Our best practice guide showcases the core skills of a company secretary and how these skills are a necessary component of building good governance practice. 📜 Download our best practice guide: www.chartgov.co.za #BestPracticeGuide #ArtofBeingaCompanySecretary #GoodGovernance #CGISA
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Enhance your corporate governance skills with MEIoD's Capacity Building Programs. Our comprehensive Corporate Secretary Course is designed for both newcomers and experienced professionals. Learn key practices, processes, and procedures to manage board relations, handle conflicts, and promote professional development. Join our program to gain a deep understanding of corporate governance principles and the role of a Corporate Secretary. Discover the qualifications, skills, and activities essential for success in this crucial position. General Counsel, and Board Secretaries, register now to level up your corporate governance skills. Register Now for the upcoming course starting on February 18, 2024 https://lnkd.in/dU75SQcU #CapacityBuilding #CorporateGovernance #ProfessionalDevelopment #corporatesecretary #BoardSecretary #CompanySecretary #BoardEffectiveness
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