> For any mission critical assets, and especially certificates, but also passwords... current modern day corporate practice is to have a secure ledger of these that can be accessed by the board of directors, the executive managers, and designated maintainers. At no point ever should the password be entrusted to anybody, but rather a "role" that functions as the one who has access. Say for example, the CIO/CTO and their subordinates.
Maybe in hacker movies. In real life, you try your best to avoid anyone having access to keys or passwords, and rely on HSMs, cloud KMS, secret services, etc. Access to those things is controlled by your security team, with multi-factor authentication, often stored in safes, with alerts being fired when they are used (because they should never be used). The audit logs that trigger these alerts should be written in WORM storage, so you can track access back down to individuals, and so that you know when you need to rotate secrets accessed by humans. Ideally your CA infrastructure automatically rotates and distributes.
There's absolutely no way in hell you should allow your board to have access to these things.
Most companies slowly work their way towards full automation, and until that happens, your security team usually owns manual rotations of critical systems like this. Only a fucking moron would fire all of these people.