What is a Conflict of Interest?

A Conflict of Interest arises when a person’s personal interests — such as financial, familial, or professional connections — could compromise their objectivity or decision-making in their professional role. In a board or committee setting, it’s important for members to disclose any potential conflicts and recuse themselves from related discussions or decisions. This ensures that decisions are made in the best interest of the organization and helps maintain trust and transparency.

This topic is closely related to our training on Ethical Leadership & Governance. For full insights, check out the training video: [link-here].