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Syllabus B. Governance B5. The Board Of Directors

B5a. Role of CEO

CEO - Chief executive officer

Role of CEO

  1. To lead the company and to protect shareholder interests above all others

  2. To develop and implement polices and strategies capable of delivering superior shareholder value

  3. To assume full responsibility for all aspects of the company’s operations

  4. To manage the financial and physical resources of the company, monitor results, and ensure that effective operational and risk controls are in place

  5. To oversee the management team, co-ordinating the interface between the board and the other employees in the company, and assisting in the appointment of directors to the board

  6. Communicating effectively with significant stakeholders including the company’s shareholders, suppliers, customers and state authorities