toezichtraad
Toezichtraad is a Dutch term referring to a supervisory board in various Dutch-speaking organizations. It denotes a governance body that provides oversight and guidance to the organization’s management, operating alongside or above the day-to-day executive layer. The exact role and powers of a toezichtraad are defined in an organization’s statutes or articles of association, and the term is most often encountered in contexts that use a two-tier governance structure, such as certain foundations, associations, and some corporations in the Netherlands and Flanders.
The primary responsibilities of a toezichtraad include monitoring the organization’s strategy and risk management, supervising financial
Composition and independence can vary. Members are often intended to be independent and come from diverse professional
In practice, the toezichtraad functions as a check on management and as a link to stakeholders, without