Managing Director
Past version: Effective from 01 Apr 2010 to 31 Mar 2011
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Defined in Rule HC-3.1.2A. A Managing Director is a Director on the Board of a
a) Should be fully responsible for the executive management and performance of the licensee , within the framework of delegated authorities set by the Board;
b) Must devote full-time working hours to the licensee ; and
c) Must not be employed at any other firm.
Added: April 2010