Is a company secretary permitted to be a company director of any company?

Written by Dr. Adv. Leigh Hefer & Jayne Hunter-Rhys. COMPANY SECRETARY’S HANDBOOK (2021). Published by Genesis Corporate Services.

1. Recommended Practice 96 of Principle 10 of the King IV Code on Corporate Governance™ recommends that the company secretary or other professional providing corporate governance services should have unfettered access to the board of directors but, for reasons of independence, should maintain an arms-length relationship with the board of directors and its members.
2. Accordingly, Recommended Practice 96 of Principle 10 recommends that the company secretary should not be a member of the board of directors.

Source: Recommended Practice 96 of Principle 10: Appointment and Delegation to Management – The King IV Code on Corporate Governance™. © The Institute of Directors in Southern Africa (IoDSA)

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Updated on: 12/12/2024