WHAT DOES BEING A COMPANY DIRECTOR MEAN?
When you are appointed a director of a company you become an officer with extensive legal responsibilities. You are normally appointed by the Board and the appointment is confirmed by the shareholders. In brief the directors are responsible for the overall running of the company and for safeguarding the assets of the company. A company has a ‘memorandum ‘ and ‘ articles ‘ which constitute its rules and will contain specific regulations regarding the duties and responsibilities of the directors.