Fidutiary Duties and Duty of Care
Join Happy Masondo, a highly experienced non-executive director, for a master class on director fiduciary duties and the duty of care. This session will provide practical insights into the responsibilities of board directors as set out in Sections 75, 76, and 77 of the South African Companies Act. Attendees will explore key topics such as conflicts of interest, directors’ standards of conduct, and potential liabilities, gaining a deeper understanding of their legal and ethical obligations. This master class is essential for directors, executives, and governance professionals looking to strengthen their accountability and decision-making in corporate leadership.
Women on Boards is dedicated to empowering women who serve on boards, committees and other governing body structures. It recognizes the unique challenges women face in leadership roles and provides a platform to foster growth, confidence, and excellence in governance.
Through a series of engaging discussions and mentorship opportunities, the programme seeks to strengthen women’s influence in boardrooms and ensure they are equipped to lead effectively. By connecting accomplished female board members with emerging leaders, the programme builds a supportive network where experience and wisdom are shared.
At the heart of this initiative are masterclasses and fireside chats led by accomplished leaders who have broken barriers and paved the way for gender inclusivity in governance. These sessions cover a wide range of topics, including leadership strategies, navigating boardroom dynamics, ethical decision-making, and fostering diversity and inclusion.
By learning directly from seasoned professionals, participants gain invaluable insights that prepare them to tackle real-world challenges and maximize their impact on the boards they serve.
Starting in Southern Africa, this initiative is intended to expand its quality education globally through collaboration.
Masterclass: Boards Grounded on Purpose
As a Chair of MultiChoice South Africa and a former executive in various influential organizations, Masilela brings a wealth of knowledge on aligning board leadership with a strong sense of purpose. In this masterclass, he will delve into how purpose-driven boards can enhance decision-making, build sustainable organizations, and create long-term value for stakeholders. Through thought-provoking discussions and real-world case studies, gain a deeper understanding of how to cultivate ethical leadership, drive social impact, and ensure that governance structures serve both business and society effectively. By learning from Masilela’s expertise, women leaders are empowered to bring purpose-led strategies into the boardroom and contribute to meaningful change in their organizations.
Masterclass: Some characteristics of high performing boards
The masterclass provided a comprehensive framework for understanding the essential characteristics that drive board effectiveness. It emphasized that businesses should serve a broader societal purpose beyond shareholder value, recognizing that ethical leadership and reputation management are critical for long-term success. Participants explored the importance of navigating radical uncertainty, embracing continuous learning and dialogue, and exercising productive skepticism to uncover hidden risks. The session also highlighted how balancing efficiency with risk, maintaining productive paranoia, and looking beyond financial metrics contribute to sustainable governance. Additionally, it underscored the significance of strong board communities, where inclusivity, chemistry, and ethical decision-making foster a culture of excellence. Ultimately, the discussion reinforced that strategy is an ongoing process, requiring adaptability, experimentation, and a commitment to continuous improvement, ensuring that boards remain resilient and effective in an ever-changing business landscape.
+27 11 717 3300
info@goodgovernance.academy
Wits Business School, 2 St Davids Pl, St Andrew Rd, Parktown,
Johannesburg, 2193, South Africa
Carolynn Chalmers is the Chief Executive Officer of Professor Mervyn King’s Good Governance Academy and its initiative, The ESG Exchange. She has edited two international standards: ISO 37000:2021 – Governance of organizations – Guidance and its associated Governance Maturity Model, ISO 37004:2023.
Carolynn makes corporate dreams come true, assisting leaders and leadership teams in how to create value for their organisations. She makes use of her expertise and experience in corporate governance, organizational strategy, Digital Transformation, and IT to do so.
Carolynn is an Independent Committee Member of South Africa’s largest private Pension Fund, the Eskom Pension and Provident Fund, and recently retired as Independent Committee member of several board committees for the Government Employee Medical Scheme. Carolynn has extensive management, assurance and governance experience and has held various Executive roles for international, listed, private and public organisations across many industries.
Carolynn is best known for her successes in establishing governance frameworks, and designing and the leading large, complex initiatives that can result. She attributes this success to the application of good governance principles. She shares her insights on her 2 LinkedIn Groups – Applying King IV and Corporate Governance Institute.
Dr Grebe is a chartered accountant and senior lecturer at the University of South Africa (Unisa).
She teaches postgraduate accounting sciences through blended learning using technology in distance education, and through face-to-face study schools throughout South Africa. During her employment at Unisa, she also acted as Coordinator: Master’s and Doctoral Degrees for the College of Accounting Sciences (CAS), chairperson of the research ethics committee and chairperson of the Gauteng North Region of the Southern African Accounting Association (SAAA).
Before joining Unisa as academic, she gained ten years’ experience in audit practice and in commerce.
Link to the policy: GGA Privacy Policy 2021
The Good Governance Academy (“GGA”) strives for transparency and trust when it comes to protecting your privacy and we aim to clearly explain how we collect and process your information.
It’s important to us that you should enjoy using our products, services and website(s) without compromising your privacy in any way. The policy outlines how we collect and use different types of personal and behavioural information, and the reasons for doing so. You have the right to access, change or delete your personal information at any time and you can find out more about this and your rights by contacting the GGA, clicking on the “CONTACT” menu item or using the details at the bottom of the page.
The policy applies to “users” (or “you”) of the GGA website(s) or any GGA product or service; that is anyone attending, registering or interacting with any product or service from the GGA. This includes event attendees, participants, registrants, website users, app users and the like.
Our policies are updated from time-to-time. Please refer back regularly to keep yourself updated.