BoD

Board of Directors

Osob Aadan Mohamed

Board of Director

ROLES AND RESPONSIBILITIES OF THE LIDOSOM BOARD

1. FUNDAMENTAL RESPONSIBILITIES

The role of the LIDOSOM board is centers on the fundamental responsibilities of providing the organization with sound governance, fiduciary and strategic oversight and direction. The board oversees:

LIDOSOM board is responsible for assuring the financial integrity and solvency of the organization and establishing procedures to safeguard the organization from fraud and risk.

2. LEGAL DUTIES

LIDOSOM Board should follow below duties that are legal standards which guide all actions taken by the Board of Directors and include the Duty of Care, Duty of Loyalty and Duty of Obedience

DUTY OF CARE requires board members to discharge duties in good faith, and with the care that an ordinarily prudent person would exercise in a like position and under similar circumstances. It requires board members to exercise care in all activities related to their role as board members and commits them to participate in the work of the board. Duty of Care is carried out by:

DUTY OF LOYALTY requires board members to act in the interests of the LIDOSOM rather than their own personal interests or the interests of some other person or organization. Duty of Loyalty is carried out by:

DUTY OF OBEDIENCE requires LIDOSOM board members to make decisions in accordance with the mission of the organization, to uphold its bylaws and other policies and functions and to not act in a way that is inconsistent with the central goals

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