• 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 the licensee, reporting to and under the direction of the Board. The senior managers should include at a minimum:

      (a) A CEO;
      (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 occupying controlled functions as outlined in Paragraph AU-1.2.2.

      May 2011