Directors’ & Officer’s: How are you Managing Risk?
Managing Risk is ‘priority for Board of Directors’
Serving in a leadership role at a housing provider, as a Board Director of the corporation, is an important undertaking. By agreeing to be a Director or Officer, one assumes a number of responsibilities for the behaviour and actions of the corporation you represent. However, some Directors and Officers (D&Os) are unaware of the full meaning of this- that they can be held personally responsible for liability associated with the duties or actions of the corporation.
HSC has developed a training guide to support social housing providers, Board of Directors and municipal housing administrators to learn about governance risk and how to effectively manage and mitigate risk. This webinar goes through some of the key content in the training guide.
This webinar discusses:
- the varying forms (i.e., principal vs. operational) and nature of housing provider risks
- the role of Directors and Officers and their obligations
- actions that can be taken by Directors to become more aware of the issues during the course of their governing mandate
- value of Board indemnity
- building governance capacity