Board Secretary Procedural & Compliance Responsibilities

Board secretaries hold the keys to the kingdom in their hands. Their actions or inactions, particularly with board minutes, can expose your financial institution to litigation, loss, and reputational damage. This thorough training will address proper procedure, compliance, and minute-taking.

Learning Objectives

• Understand the responsibilities of a board secretary
• Appropriately document board oversight of your institution’s risk management program
• Efficiently prepare the agendas and board packages
• Track items for board review
• Craft board minutes with the needed details
• Understand the benefits of electronic board packages

The board secretary’s dynamic role is critical. It involves and affects administration of corporate governance, director liability, communication with directors and management, oversight of policy/procedure reviews, obtaining and maintaining annual documentation, compliance issues, and more.

This session will provide the information and tools needed to be a successful board secretary. It will review responsibilities and provide best practices to enhance administration of corporate governance, including establishing an agenda, delivering the board package, scribing contemporaneous meeting notes, and documenting details in the official minutes. It will also review best practices for documenting “healthy debate” and discussion that may occur during a board meeting. Join us to receive guidance and tips for becoming more effective and efficient and get tools to facilitate success.