Risk Management

Abstract

Each director owes governance duties to the non-profit corporate body they govern and they will be personally responsible for the proper discharge of those duties. This focus on individual responsibility can be easily overlooked by directors who otherwise work as a team through the board structures. However, when legal proceedings are issued, the name of the individual director, not the board is on the writs. Further, parliaments are making individual board members as liable as the organisation for breaches of the law done in the name of the non-profit organisation, so directors are being individually sued as well as the organisation in legal proceedings.