More on the Board
The principal functions of the Board of Directors include:
a) Fiduciary Oversight: Confirming that the affairs of the DRA are conducted in accordance with the law, government standards, the Association’s By- Laws and the framework of policies and guidelines established by the Board of Directors;
b) Direction Setting: Establishing the mission, vision, values, ethics, strategic direction and corporate objectives of the DRA;
c) Financial Oversight: Reviewing and approving financial plans, securing adequate financial resources for operational and capital requirements, ensuring the effective and efficient use of funding and ensuring the integrity of financial reporting for the DRA;
d) Resource Stewardship: Confirming the effective and efficient utilization of the DRA’s human capital (including Directors, staff and volunteers) and its infrastructure (including plant and equipment, and information technology assets);
e) Risk Management: Ensuring that relevant strategic risks and opportunities are systematically identified and acted upon to the benefit of the DRA;
f) Stakeholder Relations: Promoting and maintaining effective relationships with external stakeholders; and
g) Performance Evaluation: Providing oversight of the performance of the DRA, including: its operations, the Board, its Directors, and the Executive Director.