What are executive directors responsible for?

Executive directors are responsible for management responsibilities as board members, which includes being actively involved in the day-to-day operations and strategic direction of the organization. Their role typically encompasses overseeing the implementation of company policies, engaging with other management members, and contributing to decision-making processes regarding the business’s objectives and strategies.

In contrast to advisory roles or solely financial reporting tasks, executive directors hold a position of authority that requires them to fulfill specific management duties. This active involvement means they cannot be limited to just advisory positions, nor can they exclude themselves from management responsibilities. While financial reporting may be one of their tasks, it is only a part of their broader remit which involves overseeing all aspects of the organization’s operations, making option C the most comprehensive and accurate description of their responsibilities.