DUTIES AND RESPONSIBILITIES OF THE BOARD OF PENTSOS
The Board of PENTSOS has three broad responsibilities and duties known as the “duty of care,” “duty of loyalty,” and “duty of obedience.”
- Duty of Care: Take care of the PENTSOS by ensuring the prudent use of all assets, including facility, people, and goodwill;
- Duty of Loyalty: Ensure that PENTSOS activities and transactions are, first and foremost, advancing its vision and mission; Recognize and disclose conflicts of interest; Make decisions that are in the best interest of PENTSOS and not in the interest of an individual board member (or any other individual or for-profit entity).
- The duty of Obedience: Ensure that PENTSOS obeys applicable laws and regulations; follow its own policies and procedures; and that PENTSOS adheres to the companies Act of Ghana.
Other responsibilities of the Board of PENTSOS include:
- Provide guidance to PENTSOS by contributing to the organization’s culture, strategic focus, effectiveness, and financial sustainability;
- Serve as ambassadors and advocates of PENTSOS;
- Ensure efficient resource mobilization for PENTSOS through fundraising and other interventions;
- Advise the PENTSOS Director in the performance of his functions.
- Approve strategic plans and annual budgets of the organization.
- Approve the Condition of Service for all staff.
- Exercise responsibility for policy approval, providing strategic directions for the organization.
- Submit an annual budget to the Executive Council for consideration
- Advance the organization’s public image and review the performance of the Director.