HC-6.2.1

Past version: Effective from 01 Oct 2011 to 31 Mar 2020
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The Board must appoint senior management whose authority must include management and operation of current activities of the Islamic bank licensee, reporting to and under the direction 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: October 2011
October 2010