Board of Directors Conflict of Interest Policy

BOARD OF DIRECTORS CONFLICT OF INTEREST POLICY

The Board of Directors of the African Chamber of Commerce, Inc. must act at all times in the best interest of the organization and not for personal or third-party gain or financial enrichment. When encountering potential conflicts of interest, Board members shall identify the potential conflict and, as required, remove themselves from all discussion and voting on the matter.
Specifically, members of the Board of Directors shall:

  • avoid placing (and avoid the appearance of placing) one’s own self-interest or any third-party interest above that of the African Chamber of Commerce, Inc.; while the receipt of incidental personal or third-party benefit may necessarily flow from certain African Chamber of Commerce, Inc. activities, such benefit must be merely incidental to the primary benefit to African Chamber of Commerce, Inc. and its purposes;
  • not abuse their Board membership by improperly using their Board membership or African Chamber of Commerce, Inc.’s staff, services, equipment, materials, resources, or property for their personal or third-party gain or pleasure, and shall not represent to third parties that their authority as a Board member extends any further than that which it actually extends;
  • not engage in any outside business, professional, or other activities that would directly or indirectly materially adversely affect African Chamber of Commerce, Inc.;
  • not engage in or facilitate any discriminatory or harassing behavior directed toward African Chamber of Commerce, Inc. staff, members, officers, directors, meeting attendees, exhibitors, advertisers, sponsors, suppliers, contractors, or others in the context of activities relating to African Chamber of Commerce, Inc.;
  • not solicit or accept gifts, gratuities, free trips, honoraria, personal property, or any other item of value from any person or entity as a direct or indirect inducement to provide special treatment to such donor with respect to matters pertaining to African Chamber of Commerce, Inc. without fully disclosing such items to the Board of Directors;
  • provide goods or services to African Chamber of Commerce, Inc. as a paid vendor to African Chamber of Commerce, Inc. only after full disclosure to, and advance approval by, the Board and pursuant to any related procedures adopted by the Board;
  • not persuade or attempt to persuade any employee of African Chamber of Commerce, Inc. to leave the employ of African Chamber of Commerce, Inc. or to become employed by any person or entity other than African Chamber of Commerce, Inc.; and
  • not persuade or attempt to persuade any member, exhibitor, advertiser, sponsor, subscriber, supplier, contractor, or any other person or entity with an actual or potential relationship to or with African Chamber of Commerce, Inc. to terminate, curtail or not enter into its relationship to or with African Chamber of Commerce, Inc., or to, in any way, reduce the monetary or other benefits to African Chamber of Commerce, Inc. of such relationship.

This policy shall apply not only to all members of the African Chamber of Commerce, Inc. Board of Directors, but also shall apply to all members of African Chamber of Commerce, Inc. committees, task forces, and others in the African Chamber of Commerce, Inc. governance structure, as well as to all African Chamber of Commerce, Inc. employees.

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