The board of directors is responsible for the direction and oversight of OLA on behalf of its members comprising of non-executive directors elected for a two-year term. All elected directors are professionals and experts within their own fields, thus ensuring the best guidance for the society. The Board of Directors plays a pivotal role in developing the strategic and organizational aims of the society and ensuring the efficiency of the internal control systems.
The Board of Directors’ responsibilities include, amongst others, the following:
● Forming relevant steering committees and forums to handle the industry’s issues.
● Ensuring that the society conducts its operations within the framework of the constitution ethically and transparently.
● Appointment of the GM and other executive managers of the society.
● Assessing the activities and performance of the OLA Management quarterly.
● Approving the strategy, budgets, policies, and business plans of the society.
● Reviewing the annual report, financial statements, accounting policies, related party transactions and fair value of contributions received by the society
