Managing Director
Past version: Effective from 01 Oct 2009 to 31 Dec 2010
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Defined in Rule HC-2.1.3. 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: Oct 09