HC-5.2 HC-5.2 Establishment of Management Structure
HC-5.2.1
The Board should appoint
senior management whose authority must include management and operation of current activities of thelicensee , reporting to and under the direction of the Board. Thesenior managers should include at a minimum:(a) ACEO ;(b) A chief financial officer;(c) A corporate secretary; and(d) An internal auditor.and should also include such other
approved persons as the Board considers appropriate and as a minimum must include persons occupyingcontrolled functions as outlined in Paragraph AU-1.2.2.May 2011