Duties and Responsibilities of Officers of A Cooperative

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Duties and Responsibilities of Officers

2.1. Officers of the Cooperative ●

Members of the Board of Directors

General Manager

Secretary

Treasurer

Members of the committees created by the GA

Other positions as maybe provided in the by-laws

2.1.1. Board of Directors ● Composed of not less than five (5) nor more than fifteen (15) members elected by the general assembly for a term fixed in the by-laws but not exceeding a term of two (2) years. ● The BOD are responsible for strategic planning, direction-setting, policy- formulation and BY RESOLUTION, exercise all powers of the cooperative that are not reserved for the general assembly. ●

Review the annual plan and budget and recommend for the approval of the GA

● Evaluate the capability/qualification and recommend for the approval of the GA the engagement of the services of an External Auditor ●

Appoint and terminate based on just cause

the General Manager

Formulate and review the vision, mission and goals of the cooperative

Establish performance evaluation system at all levels

Review and approve the organizational and operational structures

● No limitation as to number of consecutive terms to hold office (permissive not mandatory) ● Shall hold office until their successors are duly elected and qualified, or until duly removed for cause. ● The board of directors shall elect from among themselves the chairperson and vicechairperson, and appoint other officers of the co-op from outside the board in accordance with the provisions of the by-laws. Chairperson


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