Board of Governors
MISTRA is committed to best practices of good governance and as such is governed by a Board of Governors made up of South Africans with expertise and experience in various areas relevant to the Institute’s work.
MISTRA’s commitment to good governance and strict financial oversight has seen the Institute receive three consecutive clean audits.
The Board of Governors is made up of South Africans with expertise and experience in areas relevant to the Institute’s work. It exercises fiduciary responsibilities in relation to the Institute by ensuring that the Institute operates in accordance with relevant laws, regulations and corporate governance principles. Its general mandate is to supervise management of the Institute and ensure that the best interests of the Institute are served. Its functions, inter alia, are to:
- provide guidance on the broad direction of the Institute’s work by approving, monitoring and evaluating the strategic plans of the Institute
- contribute to the Institute’s broad strategic content
- exercise oversight on governance matters relating to the operations of the Institute, including approval of corporate governance principles as well as human resources and compensation policies
- act as the public face of the Institute on strategic governance matters
- contribute to building domestic and international partnerships
- receive reports from management and take strategic decisions on matters of governance
- exercise oversight with regard to the management of the funds of the Institute and, in this regard, approve investment policies, budgets and financial statements
- ensure appropriate systems to manage risks
- contribute to resource-mobilisation initiatives
The Executive Director of the Institute is a member of the Board of Governors and Vice-Chairperson. The Director Operations is an ex-officio member of the Board of Governors.
The members of the Board of Governors are: