Board Members roles and responsibilities

Responsibilities of the Board

 The mission of SASTIC Organization is to use it’s skilled professional network to create an infrastructure for high-tech and science development, assist in education, form modern companies and unions, sponsor and run strategic long-term programs to make Armenia more resilient and prosperous.

As the highest leadership body of the organization and to satisfy its fiduciary duties, the board is responsible for

The role of the Board Members

The board members of SASTIC have three primary legal duties known as the “duty of care,” “duty of loyalty,” and “duty of obedience.”

However, a board member does not exist solely to fulfill legal duties and serve as a fiduciary of the organization’s assets. Board members also play very significant roles providing guidance to SASTIC by contributing to the organization’s culture, strategic focus, effectiveness, and financial sustainability, as well as serving as ambassadors and advocates. Beyond fulfilling legal duties, board members can be important resources for the organization in multiple ways.

Responsibilities of Board Members

Each individual board member is expected to