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CCAC governance terms of reference 1. Board mandate The board of directors is responsible for overseeing the vision, mission, strategy, and operational plans for the
CCAC governance terms of reference 1. Board mandate The board of directors is responsible for overseeing the vision, mission, strategy, and operational plans for the centre. 2. Frequency of meetings and meeting preparation The board should meet at least four times a year. 3. Composition of the board For the board to be effective, there must be members with business knowledge. This is to ensure that sound business decisions are made. 4. Separation between board and management There should be separation of powers between the board and senior management. 5. Risk management Effective risk management, like other aspects of governance, begins at the top. The board has to have the knowledge and ability to approve risk policies and oversee their implementation
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