The management of a company is usually controls by the board of directors as a whole and not individual director. Formal meetings are, however, often dispensed with and the board can delegate its powers to one or more board members and appoint managing director. They are different types of directors can be appointed.
Part time directors are also known as non-executive directors. They are normally with financial, legal or technical expertise that of huge contribution to the company growth.
Alternate directors who speak and act on behalf of board of members in their temporary absence can be appointed if you have an appropriate provision in the Articles.
Nominee directors are appointed to represent substantial shareholders. They must not act solely in their principal’s interests but, like any other director, in the interests of the company as a whole.
Shadow directors are persons in accordance with instructions the directors are accustomed to act and they have the same duties and obligations as any other directors.
Concise Accountancy – Making uk company management simple for businesses
