Description
A Letter of Appointment is a critical step in the process of the election of a Director. It ensures the formality of the appointment, and is the first document a Board member will receive outlining some key issues affecting their ability to carry out their role. The letter should set out matters such as:
- disclosure of interests
- term of appointment
- role time commitments
- appraisal
- insurance
- advice
- consent
- other Director’s details
The Letter of Appointment is a very important first step in having the Director engage with the Board. It is a wonderful opportunity that should be grasped and used to the advantage of the Board and its long-term operations.
