Duties and Responsibilities of Officers
2.1. Officers of the Cooperative ●
Members of the Board of Directors
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General Manager
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Secretary
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Treasurer
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Members of the committees created by the GA
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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
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Formulate and review the vision, mission and goals of the cooperative
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Establish performance evaluation system at all levels
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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