COVID-19: Key considerations for Directors
September 2020
The objective of this paper is to guide Mauritian Boards to identify the key Board responsibilities that should be given special considerations during and after the COVID-19 pandemic.
These include: strategic leadership; financial oversight; human resources and remuneration; IT infrastructure and skills; risk oversight; external auditors and communication.
The Paper also describes the enhanced roles of members of the top management, the Board and its Committee members during and after the COVID-19 crisis.
It is important to remind ourselves that what we are experiencing today will not end in the near term. The survival of an entity will depend on how its Board remains agile in managing the many issues discussed in this publication.
About the Directors Forum
To support the MIoD in building more effective Boards and to promote good corporate governance, the Directors Forum (the Forum) was set up in 2012, in collaboration with PricewaterhouseCoopers (PwC) Mauritius.
The Forum acts as an Advisory Council and Technical Committee to the MIoD.
Its objectives are to:
- Identify issues which are of most concern to directors,
- produce position documents and, through consultation with Government and regulators, contribute to policy development,
- be the voice for governance and directors’ issues in Mauritius,
- develop guidance on governance issues in Mauritius.
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