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General ACCAP1 Ceo help

Jjostom15y ago
Is it ethical 4 a ceo 2 b d head of risk committee?
MikeLittleMikeLittleTutor15y ago#1
There should be typically some exec representative on a risk committee - whether it's the Ceo or a different exec - I can't see a problem. But at least one exec
Bbeckymo15y ago#2
i think risk committee can be staffed by both neds and eds, but prefer neds.. and i think ceo can be the head, ie have a seat in the commitee.. am i right tutor?
Ddou15y ago#3
beckymo, i think mike not tutor, we are misunderstood!

risk committe should ber majority in ned and not at least one! and there are not any problem if there are ceo to be head of risk committee because there are majority in ned, and most of the decision will be made by voting, so if there are any problem or any info. is not disclose, there will be inform by other ned, either to the board or chairman.
Ddou15y ago#4
and there should be good in internal control where there can directly communicate to higher level, ie organisation status.
MikeLittleMikeLittleTutor15y ago#5
Hey Dou! Yes I am the tutor and when I post "But at least one exec ..." this is not the same as saying "only one non-exec" It seems that you have misunderstood me!
Ddou15y ago#6
i see. i think i misunderstood, sorry!

so in my explaination, are they any problem except for that ned?
MikeLittleMikeLittleTutor15y ago#7
I don't think there is anything to prevent the CEO from being on the risk committee, nor even the chair of the risk committee. In practical terms, I can see that it may be a distraction for someone as theoretically busy as the CEO also to be involvedd in such detail as the risk committee - but what do I know?
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