Role of Chairman vs. Managing Director
About this topic
Understanding the distinct roles of Chairman and Managing Director (or CEO) is a key corporate governance concept for Zambian tertiary health students. The Chairman leads the Board of Directors, focusing on governance, strategy oversight, and stakeholder relations. The Managing Director is the top executive responsible for day-to-day management and operational implementation. Good governance principles in Zambia often recommend separating these roles to ensure checks and balances. This knowledge is crucial for exams and for future leaders serving on or interacting with boards of healthcare organizations, ensuring clear accountability and effective leadership at both governance and executive levels.
What you'll practise (2 questions)
- The role of chairman is to focus on the organisation's relationship with powerful external stakeholders.
- Good corporate governance allows different people to hold the roles of chairman and managing director.
Answer each question above to see the correct answer and a full explanation.