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Corporate Governance CodeThat Forced Adeboye To Step Down As GO Of RCCG-Nigeria - Religion - Nairaland

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Corporate Governance CodeThat Forced Adeboye To Step Down As GO Of RCCG-Nigeria by kufre2010: 1:58am On Jan 08, 2017
NOT FOR PROFIT ORGANISATION GOVERNANCE CODE 2016

9. Position of founder
9.1 The founder or leader of a NFPO (NOT FOR PROFIT ORGANISATION) occupies a special position in the organization and is committed to the success and longevity of the NFPO. Accordingly, a founder or leader should not take on so many responsibilities in the organization or have an indefinite term in the running of the organization
9.2 Where for any reason a founder or leader of NFPO also occupies any of the three governance position of Chairmanship of the Board of Trustees, The governing Board or Council, and the haedship of the Executive Management (or their governance equivalents), the following provisions shall applied before the end of theend of the organization financial year in which this code takes effect.
9.2.1 The founder or leader shall cease to occupy these three governance positions simultaneously. This is to ensure the separation of powers and avoid possible concentration of powers in one individual.
9.2.2 The founder or leader may however choose – subject to the agreement of the organization’s apex authority as express in The Annual General Assembly, Annual Meeting, Annual Stakeholder Engagement, Annual Conference, Annual Synod, Annual fellowship Assembly or their equivalents- Only one of these governance positions subject to his current tenure. This is to ensure a clear division of responsibilities at the head of the organization between the running of the governing bodies and the executive responsibility for the management and fulfillment of the organizations missions.
9.3 Where the founder or leader has occupy all or any of these three governance positions for more than twenty years or is aged 70years and above, the choice in section 9.2.2 above should only relate to the board of trustees as in section 9.4(c) below, except the constitution of the organization otherwise provides.

NOT FOR PROFIT ORGANISATION GOVERNANCE CODE 2016
To download the complete code click here [url] https://drive.google.com/file/d/0BxB1-bqcIt35dTdLT3NhUUdqUVU/view
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