Responsibilities of Independent Directors
Provide Strategic Guidance: Independent directors offer strategic and advice to the company's management.
Oversee Financial Reporting: Independent directors ensure that the company's financial reporting is accurrate, transparent and compliant with regulatory requirements.
Moitor Risk Management: independent directors oversee the company's risk management processes and ensure that adequate measures are in place to mitigate risks.
Ensure Compliance: Independent directors ensure that the company complies with all applicable laws , regulations and standards.
No Conflict of interest: Independent directors should not have any conflict of interest that could influence their decision-making.