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  • HC-6.2 HC-6.2 Establishment of Management Structure

    • HC-6.2.1

      The board must appoint senior management whose authority must include management and operation of current activities of the conventional bank licensee under the direction and oversight of the board. The senior management must include at a minimum:

      (a) A CEO;
      (b) A chief financial officer;
      (c) A corporate secretary; and
      (d) An internal auditor,

      and must also include such other approved persons as the board considers appropriate.

      Amended: April 2020
      Amended: October 2011
      Added: October 2010