The New loveLife Trust is committed to complying with the recommended practice of good corporate governance in line with the King lll Report.
The Board of Trustees is committed to acting in good faith, in the best interest of the trust and with the required level of due diligence. As a good corporate organisation, loveLife is committed to ethical leadership and to ensuring that sustainability and accountability are a cornerstone of working within South African communities to achieve economic, financial, social and environmental well-being. The Board features a host of high profile business men and women, academics and media personalities who help to steer the organisation’s multifaceted purpose of educating young people to value themselves, their bodies and their futures in the drive to stay HIV free.
The Board of Trustees is committed to acting in good faith, in the best interest of the trust and with the required level of due diligence
The board is chaired by Dr. Doreen Kosi. The board ensures that an adequate and effective process of corporate governance is established and maintained. It provides strategic leadership and ensures that loveLife’s objectives are met. In executing this mandate, the board has set up a framework that includes a delegation of authority to the Chief Executive Officer, supported by the trust’s internal policies. loveLife’s day to day governance is the responsibility of the organisation’s management team which regularly reports to the various subcommittees of the board.
The board has at least four scheduled board meetings annually. It has also established and delegated specific roles and responsibilities to five standing committees (see below). All committees are chaired by an independent non-executive director. Each committee’s roles and responsibilities are in accordance with the terms of reference/charter approved by the board. These charters are reviewed annually to ensure they remain in line with relevant legislation and regulation as well as remain in line with best practice in corporate governance.