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Corporate governance: A person can hold dual Position like Chair Person and CEO in a Organization.

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Question added by Md Jiyaul Abdula , Senior Project Accountant , Gate City Trading and Contracting
Date Posted: 2014/08/23
Deleted user
by Deleted user

Code of Corporate Governance recommends that these positions should ideally be hold by two different persons and alos gives a detailed description of responsibilities of a Charperson and CEO.

 

Legally there is no binding on a single person to hold both positions at a time.

jonathan chiome
by jonathan chiome , Assistant Finance and Administration Officer , Heifer International Zimbabwe

According to Higgs report a CEO cannot be a chairperson of the same organisation because he/she may buy votes

 

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