The Board of Directors

Core Functions of the Board of Directors. The core functions of The Board of Directors are as follows:

1. Our Board of Directors provides governance direction and oversight for the Company through management
2. The Board provides governance support to management, via the resolutions and directives of the Board and by direct exchange between the Chairman and the Managing Director.
3. Our Board assists the Company inroad strategic, briefs, and consulting assignments via the high-impact networks of its constituent members.
4. It also implements strategic top-level Public Relations activities for the Company in the social, economic, and political spheres of the country and internationally (wherever the Company may be doing, or interested in doing business).
5. The Board develops and implements strategies, plans, and directions that will enhance the corporate culture of the Company.
6. The Board also provides policies, strategies, plans, oversights, etc. that are capable of defining, expressing, enforcing, enhancing, and maintaining Portal Consultancy Services Business and Brand.
7. Our Board of Directors also provides policies, strategies, plans, oversights, etc. that are capable of defining, expressing, enforcing, enhancing, and maintaining ethical and moral standards of individual staff and all layers of management in order to maintain the integrity, high professional standards and corporate social responsibility of the Company.
8. The Board performs the governance oversight function of defining standards for the audit of the Company’s human capital, professional capacity, finance, brand/culture, etc. in order to bring about effectiveness and efficiency in management, products, and service delivery.
9. The Board reviews, deliberates on, and makes decisions on all management reports, audit reports, and purpose-established board committees’ reports on the corporate and social activities of the Company.
10. It also provides responsibility protection for the entire company and all its segments of the Company. Our Board takes responsibility for all errors, liabilities, and any wrongdoing within the Company, alleviating these by providing world-class governance, oversight, and leadership that will ensure effective and efficient utilization of the resources of the Company.
11. The Board sets standards and acts as the final approving authority for the admission into and or promotion to directorship and affects the memorandum and articles of association of the Company.

Our Board of Directors is that formal and official governance body that aggregates the capacities of all directors which establishes the vision and policies and provides strategic and overall direction for the company.

The Board guides the overall philosophy and direction of the company and reflects our local and global vision, core values, and reach.

Qualities of Board Members

Personal ethics and Integrity; our board members are committed to an “above-board” principle which entails that the company and its officers comply with all government laws, industry regulations, and corporate and personal ethical and moral standards.

Strategic focus; Board members prepare, adhere to, and enforce a sound strategic plan that provides measurable goals and ensures ongoing improvement in corporate governance, assets quality, and stakeholders’ continuous satisfaction.

High level of Service; Board members are required to faithfully attend and rigorously participate in board meetings and special corporate events. They are committed to communicating and interacting with key stakeholders.

Knowledge; Board members are highly knowledgeable and skilled in their respective professions and industry and bring their expertise to bear by providing the highest quality governance support to management.

Accountability; each and every board member of our company has a unique function on the board. Board members accept responsibility for the company, their persons, functions, and actions.

The soundness of Personality; members of the board must have a sound mind, emotion, and psychosocial balance to enable harmony and effectiveness.

Board Member Qualifications

Individuals who are nominated to our Board of Directors are expected to have the following qualifications:

1.  Members of the Board are expected to have attained significant achievements professionally or in business or public service;
2. They are to possess high and functional intelligence, education and experience to make significant contributions and bring a range of skills and diverse perspectives to the board; and
3. They are expected to have high ethical and moral standards, a strong sense of professionalism, and dedication to serving the interests of the company shareholders.
4.  They are expected to be of high physical, emotional, psychological, and psychosocial health and balance.

Roles of the Board of Directors

It is the responsibility of the Board to direct, guide, and oversee the conduct of the company’s management and to ensure that the interests of shareholders are being served, including the following:

1.  Directors and Top Management Selection and Compensation – Select, evaluate and compensate directors, and provide counsel and oversight in the selection, evaluation and compensation of, and succession planning for, other members of senior management; and approving the appointment and compensation of executive officers.
2. Strategic and operational planning – Review and approve long-term strategic plans and annual operating plans, and monitor their implementation.
3. Major corporate actions – Review and approve significant financial and business transactions, and other major corporate actions.
4.  Financial reporting – Review and approve financial statements and reports, and oversee the establishment and maintenance of controls, processes, and procedures to ensure accuracy, integrity, and clarity in financial and other corporate disclosures.
5.  Governance, compliance, and risk management – Establish and maintain governance and compliance policies, processes, and procedures to ensure the company is managed with the highest standards of responsibility, ethics, integrity, and quality of service delivery.
6.  General advice to management – Provide general advice and counsel to the CEO and the Management Committee in the course of managing the company.

Portal Consultancy Services Limited has directed that it is the responsibility of the Board of Directors to provide direction and oversight for all efforts to manage the company. In addition to making that all shareholders’ interests are served.

The roles of the Board also include the following:

Corporate oversight: Select, appraise and determine compensation for all directors and provide advice and oversight in choosing, appraising, and remunerating, and the succession planning for, members of senior management; and approving the appointment and compensation of senior management.

Strategic planning: Appraising and approving strategic plans and annual plans, and monitoring their execution.

Major corporate decisions: Appraising and approving financial, business transactions, and other major corporate actions that are considered considerable.

Financial reporting: Appraising and approving financial reports, and providing coordination for the setup and maintenance of processes and procedures for accuracy and precision in financial and corporate reports.

Governance compliance: Establish and sustain compliance processes for the company to be well-managed in line with standards.

Give general advice to the CEO: Provide general advice to the CEO as a normal course of action for the well-being of the company.

Functions of Chairman of the Board

The Chairman is charged with providing broad functions that assist the discharge of the central functions of the Board of Directors, and also to enable the protection of the interests of the shareholders of the company.

The Chairman schedules all Board meetings and directs Board Secretary to communicate meetings schedules to all members of the Board, as appropriate.

1. The Chairman chairs, directs, and controls all Board meetings and activities.
2. The Chairman works with the CEO providing general direction, support, and advice to achieve corporate goals.
3. The Chair works with the Secretary to the Board to ascent to Board documents, including legal/regulatory documents, committees’ reports, management reports, audit reports, etc.
4. The Board Chairman appends his or her signature and appropriate seals of office to all Board’s resolutions and other governance-related documents.
5. The Chairman sources opportunities in economic and political spheres to enhance the profile of the Company.
6. The Chairman ensures that the Board, Directors, and management conform to all legal and regulatory standards that will keep the Company and its people safe and viable.
7. The Chairman must comply with and conform to all policies and laws in carrying out the functions of the Board.