A Company Secretary plays a critical role in ensuring the smooth
and effective operation of the affairs of the Board. This
responsibility arises from the statutory duties stipulated by the
Companies and Allied Matters Act 2020 (CAMA)1, as well
as corporate governance best practices.
The Company Secretary contributes significantly to the
Board's effectiveness by guiding the Board and management in
developing sound corporate governance procedures and culture within
the Company2.
A useful tool for boosting the Board's effectiveness is to
ensure that board meetings are carefully organized and managed, and
that the Board has appropriate understanding of the topics to be
covered at each meeting. This can be accomplished through a
well-designed Annual Board Plan. A Board plan is the primary tool
utilized by the Board to co-ordinate activities related to
achieving its goals, and to track the status of the
goals3 at the Board and Committee level. The Nigerian
Code of
