The Central Bank (BDL) has asked the boards of directors of banks to set up a 'Board Members Succession Plan'.
The succession plan will be used as the basis for proposing new chair people and board members to the general assembly of shareholders.
The plan must be in line with the bank's strategy and objectives and the board of directors should revise it on an annual basis.
The board, while preparing the plan, must take into consideration both the existing and required qualif...
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The succession plan will be used as the basis for proposing new chair people and board members to the general assembly of shareholders.
The plan must be in line with the bank's strategy and objectives and the board of directors should revise it on an annual basis.
The board, while preparing the plan, must take into consideration both the existing and required qualif...
Article details
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