The Chairman should:
The responsibilities set out above provide guidance and should not be taken as a comprehensive list of all the duties and responsibilities of a Chairman.
This Guideline provides guidance on the role and responsibilities of the Board Chairman.
The overall role of the Board Chairman is to lead and create an effective Board.
The responsibilities set out in the Guideline are non-exhaustive, and they cover those that are inside and outside the boardroom.
Externally, the Board Chairman is the face and spokesperson of the Board. In particular, he should ensure effective communication with shareholders and other stakeholders.
Within the company, he should encourage a constructive relationship between the Board and management, and in particular between the Board and the CEO. A constructive relationship is one that has an appropriate balance where the Board constructively challenges and supports management.
Within the boardroom, the Board Chairman’s responsibilities range from setting the Board agenda and conducting effective Board meetings, to ensuring that the culture in the boardroom promotes open interaction and contributions by all.
B. SGX Disclosure Guide
C. Related Rules and Regulations
D. CG Guides
- Board Guide 2.5: Board Leadership [Board Composition].
- Board Guide Appendix 6B-2: The Chairman’s Role in a Dysfunctional Board [Board Relationships].
- NC Guide 7.2: Succession Planning for Board Chairman [Succession Plan].
- NC Guide Appendix 6F: Sample Chairman Performance Evaluation Form [Board and Director Evaluation].
E. Related Articles