What is the role of the Company Secretary?
The Company Secretary is responsible for supporting the board and the governance process, providing advice and guidance to the board on company law and regulations, its own policies and best practice in corporate governance.
The duties of a secretary are duties delegated to the position by the directors. There is no definitive term covering what this will entail. Directors must ensure that the person is capable of carrying out the job. The Company Secretary:
- Provides advice and guidance to the board of directors on their obligations under the company’s Memorandum and Articles Association, company law and other relevant laws and regulations.
- Oversees the company’s day-to-day administration and ensure specifically that the company complies with the law and observes its own rules and policies.
- Acts as the principal legal and compliance (including corporate governance) officer.