Importance of board evaluations in Tanzania’s financial institutions

Board evaluations are a function of governance through which boards verify whether members are progressing towards the achievement of goals, meeting expectations, adherence to the law, among other factors. PHOTO | FILE

What you need to know:

  • Board evaluations, on the other hand, are a function of governance through which boards verify whether members are progressing towards the achievement of goals, meeting expectations, adherence to the law, among other factors. The banking sector role to a country’s economic growth cannot be understated.