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  • HC-10.4 HC-10.4 Appointment, Training and Evaluation of the Board

    • HC-10.4.1

      The CMSP should have rigorous procedures for appointment, training and evaluation of the board.

      July 2011

    • Induction and Training of Directors

      • HC-10.4.2

        The chairman of the board should ensure that each new director receives a formal and tailored induction to ensure his contribution to the board from the beginning of his term. The induction should include meetings with senior management, visits to company facilities, presentations regarding strategic plans, significant financial, accounting and risk management issues, compliance programmes, its internal and external auditors and legal counsel.

        July 2011

      • HC-10.4.3

        All continuing directors should be invited to attend orientation meetings and all directors should continually educate themselves as to the CMSP's business and corporate governance.

        July 2011

      • HC-10.4.4

        Management, in consultation with the chairman of the board, should hold programmes and presentations to directors respecting the CMSP's business and industry, which may include periodic attendance at conferences and management meetings. The board shall oversee directors' corporate governance educational activities.

        July 2011