, Responsibilities of Managing Director/ Executive Director in India in board Meeting foreign directors must check it ~ CS GAURAV SHARMA

December 7, 2016

Responsibilities of Managing Director/ Executive Director in India in board Meeting foreign directors must check it


The responsibilities of the Managing Director/ Executive Director will
include:
1. Developing and proposing a business strategy for the Company and
annually updating and presenting it for the Board’s approval;
2. Formulating business plans for the Company annually to be approved
by the Board;
3. Overseeing the Human resource management and succession planning
processes to presenting annually the output from these processes to
the Board and the Remuneration & Nominations Committee;
4. Ensuring that effective business and financial controls and risk
management processes are in place across the Company and that all
relevant laws and regulations are complied with;
5. Making recommendations to the Board on the appropriate delegation
of authority within the Company;
6. Keeping the Board informed regularly of the Company’s performance
and bringing promptly to the Board’s attention all matters that
materially affect, or are capable of materially affecting, the
performance of the Company and the achievement of its goals;
7. Developing for the Board’s approval appropriate values and standards
to guide all activities undertaken by the Company;
8. Providing clear and visible leadership in ethical and responsible
business conduct;
9. Promoting the requirement that all Senior Leaders are exemplars of the
Company’s values, principles, and standards;
10. Owning the Company’s commitment to all aspects of Corporate

Responsibility;

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