CmaBylaw
Executive Bylaws
3-4 The Company shall specify, in details, the Roles, Responsibilities and Duties for each Board Member and for the Executive Management as well as the Authorities and Powers Authorized for the Executive Management Of Module Fifteen: Corporate Governance
Section: Chapter Three: Rule II: Establish Appropriate Roles and Responsibilities
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Wednesday, 15 February 2017
Roles and responsibilities of the Board of Directors and executive management must be apparently specified in the approved policies and conditions to reflect balance of authorities and powers between both Board of Directors and executive management. This is in addition to non-monopoly of any parties of absolute powers to facilitate the Board accountability by the shareholders.
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