Governance
02/12/2026

Role of a Corporate Secretary

Gain a greater understanding of the corporate secretary role at public and privately-held banks.

Jack Milligan
Editor-at-Large
The corporate secretary has an important governance responsibility, including ensuring a lawful governance process, the maintenance of accurate records, and compliance with regulatory and disclosure requirements. This individual’s legal duties are defined by state corporation law, securities law and stock exchange rules if the bank is publicly owned, and the bank’s own corporate bylaws. And like other corporate officers, the corporate secretary is subject to the duties of loyalty and care.  With that in mind, Bank Director has developed “Role of a Corporate Secretary” to guide boards and corporate secretaries. It includes:  Governance and Additional Responsibilities Public vs. Private Companies…

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WRITTEN BY

Jack Milligan

Editor-at-Large

Jack Milligan is the Editor-At-Large of Bank Director magazine, a position to which he brings over 40 years of experience in financial journalism organizations. Jack contributes to Bank Director’s editorial coverage and leads its director training efforts. In 2022, Jack developed Bank Director’s Director Certification Program to bring much-needed governance training to bank boards.

Jack is a nationally recognized speaker at financial industry conferences.  Over Jack’s tenure, he has interviewed some of the most notable bank CEOs and senior leaders in the financial industry. He has a master’s degree in Journalism from The Ohio State University.