Description

Corporate Secretary typically governs and guides both instances, and their authority and duties may be based on board of directors resolutions. These individuals are typically in charge of the administrative operations of the company's board of directors and upper management.

Some titles for Corporate Secretary are:

  • Legal Secretary: They are in charge of administrative and clerical support for one or more lawyers.
  • Office Secretary: They perform administrative and clerical tasks to ensure the smooth flow of operations and avoid project deliverable delays.
  • Secretary Assistants: They provide administrative departments, management teams, or an individual with clerical support. Their responsibilities include overseeing office procedures and scheduling departmental meetings.

Roles & Responsibilities

Some responsibilities of the Corporate Secretary are:

  • Supervising Stockholder Relations, which includes stock issuance and transfer activities, stockholder correspondence, preparing and distributing proxy statements, and advising the Board on its roles and responsibilities.
  • Managing the logistics of all Board and committee meetings; attending and recording minutes of all Board and committee meetings; facilitating board communications; Monitoring developments in corporate governance and assisting the decision makers in meeting the authority's needs and investor expectations.
  • Facilitating new director orientation, assisting with director training and development, maintaining vital corporate documents and records, and assisting with investor communication and engagement on corporate governance issues.

Qualifications & Work Experience

Major educational qualifications required for Corporate Secretary are:

  • Most corporate secretary positions require at least a high school diploma or equivalent, but many employers prefer a bachelor’s degree in business administration or a related field.
  • Some companies may also require an associate’s or a bachelor’s degree in corporate secretary or a related field.

Essential Skills For Corporate Secretary

1

Legal Research

2

Corporate Law

3

Corporate Governance

Skills That Affect Corporate Secretary Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Legal Research

45%

Corporate Governance

36%

Career Prospects

Some alternate job roles for Corporate Secretaries are:

  • Administrator Secretary: Handles administrative tasks and provides support to executives and department heads in an efficient and organized manner.
  • Assistant Secretary: Assists in administrative and secretarial duties, ensuring smooth operations and effective communication within the organization.
  • Department Secretary: Manages and maintains departmental records, handles correspondence, and provides administrative support to departmental teams.
  • Executive Administrative Assistant: Provides comprehensive administrative support to executives, managing calendars, coordinating meetings, and handling confidential information.
  • Executive Administrator: Oversees administrative operations, manages projects, and provides strategic support to executives in achieving organizational goals.
  • Executive Assistant: Assists top-level executives with administrative and organizational tasks, ensuring efficient workflow and effective communication.

How to Learn

According to ICSI (Institute of Company Secretaries of India) data, India has seen a more than 70% increase in student enrollment in the Company/Corporate Secretary program in the last few years. According to ICSI, there are 22,000 Corporate Secretaries in the country, either practising independently or as employees of large industrial houses.
The Corporate Secretary and other sectors in India, such as the Executive Assistant, can expect a 10% raise every 18 months. Employees in all professions receive an average annual raise of 9% every 16 months. Executive Assistants typically assist higher-level executives progressively.