Executive Directors Clause Samples

Executive Directors. (a) The Executive Directors shall be responsible for the conduct of the general operations of the Fund, and for this purpose shall exercise all the powers delegated to them by the Board of Governors. (b) There shall be not less than 12 Directors who need not be Governors, and of whom: (i) Five shall be appointed by the five members having the largest quotas; (ii) Not more than two shall be appointed when the provisions of (c) below apply; (iii) Five shall be elected by the members not entitled to appoint directors, other than the American Republics; and (iv) Two shall be elected by the American Republics not entitled to appoint Directors. International Finance Agreements 19 (c) If, at the second regular election of Directors and thereafter, the members entitled to appoint Directors under (b) (i) above do not include the two members, the holdings of whose currencies by the Fund have been, on the average over the preceding two years, reduced below their quotas by the largest absolute amounts in terms of gold as a common denominator, either one or both such members, as the case may be, shall be entitled to appoint a Director. (d) Subject to Article XX, section 3 (b), elections of elective Directors shall be conducted at intervals of two years in accordance with the provisions of Schedule C, supplemented by such regulations as the Fund deems appropriate, Whenever the Board of Governors increases the number of Directors to be elected under (b) above, it shall issue regulations making appropriate changes in the proportion of votes required to elect Directors under the provisions of Schedule C.

Executive Directors. ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ (Vice-Chairman and Chief Executive Officer)

Executive Directors. (a) The Executive Directors shall be responsible for the conduct of the general operations of the Association, and for this purpose shall exercise all the powers given to them by this Agreement or delegated to them by the Board of Governors. (b) The Executive Directors of the Association shall be composed ex officio of each Executive Director of the Bank who shall have been (i) appointed by a member of the Bank which is also a member of the Association, or (ii) elected in an election in which the votes of at least one member of the Bank which is also a member of the Association shall have counted toward his election. The Alternate to each such Executive Director of the Bank shall ex officio be an Alternate Director of the Association. Any Director shall cease to hold office if the member by which he was appointed, or if all the members whose votes counted toward his election, shall cease to be members of the Association. (c) Each Director who is an appointed Executive Director of the Bank shall be entitled to cast the number of votes which the member by which he was appointed is entitled to cast in the Association. Each Director who is an elected Executive Director of the Bank shall be entitled to cast the number of votes which the member or members of the Association whose votes counted toward his election in the Bank are entitled to cast in the Association. All the votes which a Director is entitled to cast shall be cast as a unit. (d) An Alternate Director shall have full power to act in the absence of the Director who shall have appointed him. When a Director is present, his Alternate may participate in meetings but shall not vote. (e) A quorum for any meeting of the Executive Directors shall be a majority of the Directors exercising not less than one-half of the total voting power. (f) The Executive Directors shall meet as often as the business of the Association may require. (g) The Board of Governors shall adopt regulations under which a member of the Association not entitled to appoint an Executive Director of the Bank may send a representative to attend any meeting of the Executive Directors of the Association when a request made by, or a matter particularly affecting, that member is under consideration.

Executive Directors. ▇▇. ▇▇ ▇▇▇ ▇▇▇▇ (Chairman) ▇▇. ▇▇ ▇▇▇ ▇▇▇ (Chief Executive Officer) ▇▇. ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ Ming ▇▇. ▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇. ▇▇▇ ▇▇ ▇▇▇

Executive Directors. ▇▇ ▇▇▇ (Chairman and Chief Executive Officer) and Mr. ▇▇▇ ▇▇▇▇▇▇▇ (Deputy Chief Executive Officer and Editor-in-Chief)

Executive Directors. ▇▇. ▇▇▇ ▇▇▇▇▇▇▇ (Chairman) (also an alternate director to ▇▇. ▇▇▇▇ ▇▇▇▇▇), ▇▇. ▇▇▇▇ ▇▇▇▇▇ (also an alternate director to ▇▇. ▇▇▇ ▇▇▇▇▇▇▇) and Mr. ▇▇▇▇ ▇▇ ▇▇▇ (also an alternate director to ▇▇. ▇▇▇ ▇▇▇▇▇▇▇ and ▇▇. ▇▇▇▇ ▇▇▇▇▇)

Executive Directors. Messrs. ▇▇▇▇ ▇▇▇ Kong, Kuok Khoon ▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇

Executive Directors. ▇▇ ▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇ (Chairman); ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ (Group Managing Director); ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇ (Group Chief Financial Officer) and ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇▇▇▇, KBE, LVO; ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, GBS; ▇▇ ▇▇▇▇▇ (Deputy Chairman); ▇▇ ▇▇▇▇▇▇; ▇▇ ▇▇▇▇ and ▇▇▇ ▇▇▇, ▇▇▇▇▇

Executive Directors. ▇▇. ▇▇▇▇ ▇▇▇ I ▇▇. ▇▇▇▇▇ ▇▇▇▇ Fu Non-executive Director: ▇▇. ▇▇▇ ▇▇▇ ▇▇▇▇ (Chairman) ▇▇. ▇▇▇▇ ▇▇▇▇▇▇ Independent Non-