Responsibilities of the Board of Directors. The Board of Directors will be responsible for:
(a) supervising the management of the business and affairs of the CMRA, other than matters related to the Tribunal’s adjudicative functions;
(b) overseeing organization design decisions for the CMRA consistent with the principles set out in this MOA;
(c) appointing the chief regulator and approving the deputy chief regulators proposed by the chief regulator based on a merit-based search by the chief regulator;
(d) exercising the CMRA’s power to make regulations under the Capital Markets Act and the Capital Markets Stability Act;
(e) setting the policy priorities and strategy of the CMRA; and
(f) overseeing the chief regulator as Canada’s lead regulatory voice on domestic and international capital market issues and affairs.
Responsibilities of the Board of Directors. At least half of the Board’s members must either be low-income members or be affiliated with a group that works closely with low-income people. The Board’s responsibilities are:
Responsibilities of the Board of Directors. 8.2.1 It is the responsibility of the Board of Directors to review and ensure timely fulfilment of business plans, budgets and other operational and financial matters to be executed by management; and to set guidelines on and approve major decisions and transactions. Without prejudice to the generality of the foregoing sentence, the main responsibilities of the Board of Directors include, without limitation: 5 BR 2013-3E-02; MR 2013-S-3
(a) recommending to the Meeting of Contributors the selection of the Chief Executive Officer, and the terms and conditions of such selection;
(b) recommending to the Trustee the appointment and termination of other Executive Staff;
(c) recommending to the Meeting of Contributors, and appointing, and setting the terms of engagement of, the external auditor upon the approval of the Meeting of Contributors;
(d) reviewing the operations and financial performance of CGIF and, providing general advice to the Chief Executive Officer on strategic objectives and issues regarding the operation of CGIF;
(e) recommending to the Meeting of Contributors (i) the commencement and the extent of investment operations that CGIF may undertake for development of the bond markets; (ii) the use of leverage and any subsequent decision on the maximum leverage ratio; and (iii) any revision to the country limits in CGIF operations as set out in the CGIF Operational Policies;
(f) approving any other revision or amendment to the CGIF Operational Policies;
(g) reviewing and approving the Annual Business Plan and the Annual Budget for the forthcoming Fiscal Year prepared by the Chief Executive Officer;
(h) preparing the Annual Report for the preceding Fiscal Year for review and approval by the Meeting of Contributors;
(i) recommending to the Meeting of Contributors the allocation of the net income of CGIF for the preceding Fiscal Year to the reserves and/or the distribution of any surplus to the Contributors;
(j) ensuring that robust systems of accounting, financial management, internal controls, risk management and internationally competitive human resource policies (including remuneration) are in place and functioning effectively;
(k) ensuring that the operations of CGIF comply at all times with the CGIF Operational Policies and all applicable ADB Operational Policies;
(l) approving all guarantee and investment transactions;
(m) fulfilling the duties of the Trustee which have been delegated pursuant to Article 10.3.2;
(n) taking any other action as may...
Responsibilities of the Board of Directors. Subject to sections 291 and 292 of the Companies Act, the Board of Directors shall supervise the management and the proper arrangement of the operations of the Company and shall carry out such other functions as required under the Companies Act.
Responsibilities of the Board of Directors. The Board of Directors is
a) To approve and review periodically the business strategies and other important policies of the Bank;
b) To appreciate and understand the main risks exposures of the Bank, setting reasonable limits and procedures for such risks and to ensure that the Senior Management adopts the measures required for their identification, assessment, supervision and control;
c) To keep the Superintendency informed about the situations, events and problems affecting or that may affect the bank and the specific actions to face and/or correct the deficiencies identified
d) To be duly informed and ensure its access to all the information required about the conditions and administrative policies for decision making, in the exercise of their executive and supervisory duties;
e) To approve the organizational structure and to ensure that the Senior Management checks the effectiveness of the internal control system;
f) To establish and review at least once (1) a year the objectives and procedures of the internal control system; to approve the organizational and duties manuals, policies and procedures, risks control and other Bank’s manuals where these are stipulated, as well as the incentives, penalties and corrective measures promoting the adequate execution of the internal control system, and systematically check their compliance;
g) To select and evaluate the General Manager and the personnel responsible for the external and internal audit duties, and
h) To approve the internal and external audit program and review the non-audited Financial Statements of the Bank at least once (1) each three (3) months.
Responsibilities of the Board of Directors. The Board of Directors shall manage or supervise the management of the affairs of Transition House. Specific responsibilities and duties shall include, but not be limited to, the following:
a) the appointment of a Shelter Manager or Executive Director;
b) the holding of meetings at least bi-monthly (x6 per year) with the Shelter Manager or Executive Director to establish policies, to resolve issues related to the operations of the residence(s), to review and approve annual budgets, to review and approve any significant contractual obligation undertaken by Transition House, and to review and approve the annual report;
c) preparation and maintenance of minutes of all meetings, recording the decision that were made; and
d) advising the County of the following:
(i) the names of the directors and any changes in directorship; and
(ii) the name of the registered owner of the residence and any changes in the ownership thereof.
Responsibilities of the Board of Directors. The Board of Directors shall:
4.1 Establish and support the Society’s mission, purpose, and strategic direction. This includes, but is not limited to:
4.1.1 Develop and monitor strategic plans.
4.1.2 Determine the programs, products, and services which the Society shall provide.
4.1.3 Advocate for the Society and the nondestructive testing profession.
4.2 Ensure resources are properly allocated in support of the Society’s mission. This includes, but is not limited to:
4.2.1 Approve annual budgets and three-year financial plans.
4.2.2 Allocate financial and other resources in support of the Society’s objectives and priorities.
4.2.3 Ensure the Society’s assets are safeguarded and used effectively and efficiently.
4.3 Oversee the management of the Society. This includes, but is not limited to:
4.3.1 Employ, support, and review the performance of the Executive Director.
4.3.2 Oversee the management of all organizational elements (e.g., volunteer Councils and committees and staff) to ensure strategic plans are effectively implemented.
4.3.3 Monitor financial and program performance.
4.4 Establish and support a system of governance, including but not limited to:
4.4.1 Xxxxxxxx, interpret, and enforce the ASNT Bylaws and policies.
4.4.2 Develop, select, and monitor the performance of Officers and Directors.
4.4.3 Discipline, discharge, and replace Officers and Directors for reasons authorized by the ASNT Bylaws.
4.4.4 Create, appoint, and oversee Committees of the Board.
4.4.5 Delegate necessary authority to councils, committees, sections, and management to effectively and efficiently operate the Society.
4.4.6 Ensure the Society maintains records as required by law, regulation, and policy.
4.4.7 Maintain the Society’s corporate entity, tax exemption status, name and location of its principal office.
4.4.8 Authorize and execute dissolution.
