Transaction Advisory

To evaluate whether the Management Committee/Board is performing in terms of its Pre-determined key Performance Criteria’s (KPCs), Principle C2-22 of the NamCode states that ‘the evaluation of the board, its committees and the individual directors should be performed every year’.

This recommended good corporate governance practice can improve your organization’s Management Committee / Board performance and effectiveness if the evaluations are performed regularly and timely. Annual performance appraisals of individual directors, the board, board committees and the chairperson can provide the basis for identifying strategic areas of improvement and, where necessary, explain whether the Committee / Board