Expectations of your board
Every governing board has a responsibility to evaluate its own effectiveness. This includes setting aside a budget for the training and development it needs to fill any skill gaps, including financial knowledge.
A governor should have specific responsibility for training and development
While it's not a statutory requirement, your board should consider giving "the vice-chair or another governor a specific responsibility for enabling every person to develop the skills they need to be effective".
This is recommended on page 44 of the Governance Handbook.
The training link governor will monitor governor development in more detail and make sure it happens.
Your role and responsibilities
Your role is to help make sure every governor develops their skills so they can make a valuable and active