BOARD CHARTER

Board Charter Overview

The Board Charter of the Central Electricity Board (CEB) outlines the composition, roles, and responsibilities of the Board of Directors, as well as its governance framework. It establishes the principles and processes by which the Board ensures effective leadership and accountability in line with legal, regulatory, and best governance practices.

Key elements include:

• Board Structure: Composition, appointments, terms of office, and decision-making protocols.
• Board Committees: Roles and responsibilities of committees such as Audit, Risk, and Governance; Finance; and Human Resources.
• Accountabilities: Duties of Board members, including oversight of corporate performance, compliance, and risk management.
• Code of Conduct: Guidelines for ethical behaviour, conflict of interest management, and confidentiality.
• Leadership Roles: Detailed position statements for the Chairperson and the Corporate Secretary.

The Board Charter is a living document, regularly reviewed to adapt to changing governance needs and ensure continued alignment with CEB's mission.