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Executive Director

Means a director who is an officer or employee, or is otherwise involved in day-to-day management, of either:

(a) The licensee;
(b) Another company which is a controller of the licensee;
(c) Another company of which the licensee is a controller; or
(d) Another company which is controlled by a controller of the licensee.

In this definition, the word "company" which is a controller of the licensee excludes sovereigns such as government owned entities and government ministries.

Amended: April 2012
Amended: April 2011
Added: January 2011