Skip to main content
Become a member
  • Register
  • Login

Register Login



Directors' duties and responsibilities

15 Oct 2018

The board of directors of a company is primarily responsible for: 

  • determining the company’s strategic objectives and policies
  • monitoring progress towards achieving the objectives and policies
  • appointing senior management
  • accounting for the company’s activities to relevant parties, e.g. shareholders

The managing director/chief executive is responsible for the performance of the company as dictated by the board’s overall strategy. He or she reports to the chairman or board of directors.

This content is for members only.

Gain unlimited access to all of the resources and factsheets on by joining as a member.

IoD membership can help you reach your full potential through its various membership packages.

Are you ready to become part of the UK's most dynamic community for business leaders?

Find out more about IoD membership

Join now  Login

Contact us

020 7451 3100

Business information

Enquire online

Opening hours

9am-5pm, Monday-Friday, excluding UK public holidays