Session Description

Governance Essentials: Director Responsibilities & Best Practices

Wednesday, November 19, 2025

9:30 a.m. to 10:30 a.m.

This session offers a foundational overview of a director’s core responsibilities and governance best practices within the Farm Credit System. Grounded in the fiduciary duties of care, loyalty, and obedience, the session explores how these principles guide decision-making, define board-management boundaries, and shape effective board behavior.
Using a practical scenario and real boardroom insights, participants will explore how to apply their responsibilities in context—balancing oversight with efficiency, respecting management’s role, and navigating the complexities of governing a financial cooperative. Whether you’re new to board service or seeking to reinforce your foundation, this session will provide clarity, context, and actionable takeaways.

Learner Outcomes:

1. Understand the three core fiduciary duties and their application in Farm Credit governance.
2. Explore the board’s oversight role and how it differs from management responsibilities.
3. Practice applying governance principles to real-world decisions and dilemmas.
4. Reflect on boardroom behaviors that support strong governance culture and alignment.
5. Identify best practices that enhance board effectiveness and accountability.