About

A Board of Governance Committee, often referred to simply as the Governance Committee, is a key component within an organization's board of directors or governing body. This committee is primarily responsible for overseeing and enhancing the governance practices of the organization to ensure effective leadership, compliance with regulations, and alignment with strategic objectives.

 

Activities

1. Policy Development: Develop, review, and update governance policies and procedures to ensure they meet legal and regulatory requirements and reflect best practices.
2. Board Bylaws: Oversee the creation and amendment of board bylaws and other governing documents.
3. Board Recruitment: Assist in identifying and recruiting qualified board members to ensure a diverse and skilled board.
4. Regulatory Compliance: Ensure that the organization complies with relevant laws, regulations, and industry standards.
5. Leadership Succession: Develop and implement succession plans for key leadership positions within the organization, including board roles and executive positions.