The role of a board in corporate governance is to ensure that an organisation operates legally and in the best interests of shareholders and other stakeholders. This requires that the board operate independently of management, and concentrate on the most important issues, not day-to-day business.

The board is responsible for the company's strategies and operations by establishing policy, directing risks and taking other decisions reserved to it. It also decides on and oversees the performance of the CEO as well as the succession planning process for the CEO and also establishes the company's values and culture.

It also promotes shareholder interest as well as ensures that financial information is properly reported, and ensures that investors are provided with all the information that may affect their investment portfolios. It also takes steps to safeguard the integrity and reputation of a company and prevent fraud. It should encourage directors to be trained on a regular basis particularly on the latest technologies and important issues like environmental social, governance, and (ESG) or global crises that impact the way that businesses are managed.

A well-organized committee structure, which includes the secretary and chair plays a crucial role in the effective management. It is important to promote a culture of collaboration and open communication between the committee members. The secretary of the committee will help determine the agenda, as well as keep minutes of meetings and distribute them to all members of the committee.

A committee should be able to trust the reports, recommendations and opinions of its advisers. It's important for the committee to be aware who these advisors are and to assess their qualifications.