AI Governance

AI governance checklist for boards and CXOs

By CA Dhaval Kodilkar· 5 min read

Strategy and ownership

  • Do we have an AI strategy linked to business priorities?
  • Who in management owns AI adoption and risk?
  • Which AI uses are approved, restricted or prohibited?

Data and risk

  • What data may be used with which AI tools, and how is that enforced?
  • How do we review AI outputs before they reach customers, regulators or financial statements?
  • Is AI on the risk register, with owners and controls?
  • How do we comply with data protection laws in each country we operate in?
Related programme
AI training for Board Briefing

People and value

  • Have employees been trained to use AI safely and effectively?
  • How do we measure the value AI is creating?
  • Which AI investments are planned, and what return is expected?

Reporting

  • How often does the board receive an AI update, and what does it include?
  • What would we disclose to shareholders or regulators about our use of AI?
CA Dhaval Kodilkar
About the author

CA Dhaval Kodilkar is a corporate AI trainer, Fellow Chartered Accountant, Perplexity AI Business Fellow and ICAI AICA course architect. He has trained 20,000+ professionals across 9 countries.

Full profile
FAQ

Questions readers ask.

Not necessarily. Many boards build AI literacy through a briefing and regular management reporting, and use external experts for specific decisions.