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who is a director a director is someone elected or appointed to manage a companys business and Affairs the definition also extends to those that act in the position of a director commonly called a de facto director who is someone that performs the tasks of a director but is not formally appointed as such the definition also includes a shadow director who is someone not officially appointed but who the other directors are accustomed to following their instructions what are the directors duties in the ordinary course of business a director has a primary objective to act in the interests of the company and more specifically its shareholders a director is responsible for making decisions on behalf of the company which ultimately must be in the best interests of its shareholders however in the event a company is insolvent or likely to become insolvent a directors duties expand it to its creditors of the company including suppliers employees and statutory bodies such as the Australian tax
