A Director is an individual appointed to the board of a company to oversee its management and operations. Directors are responsible for making key decisions and setting strategic directions to ensure the company runs efficiently and in compliance with legal regulations. Their role includes acting in the best interests of the company and its stakeholders, including shareholders, employees, and customers.
In most jurisdictions, directors have fiduciary duties, meaning they must act with integrity, skill, and diligence. They are tasked with safeguarding company assets, ensuring financial transparency, and making informed business decisions. Directors may be classified as executive, non-executive, or independent, depending on their level of involvement in daily operations.
Read More: Powers, Duties, and Liabilities of Directors