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Section 20
Functions, Duties and Powers of the Executive Head
The functions, duties and powers of the Executive Head shall be as follows:-
(a) To execute the decisions of the general meeting or the board of directors,
(B) Acting as the administrative head of the organization by using the powers obtained from the board of directors subject to the articles of association and regulations,
(c) To supervise and control the operation of the payment system or the provision of payment services (d) To prepare the annual budget and action plan of the organization and submit it to the board of directors for approval (e) To manage the manpower required by the organization subject to the staff regulations (f) To operate the organization in accordance with the instructions of the bank and to carry out effective internal control and risk management,
(g) To operate the organization in the best interests of the service users, shareholders and the organization (h) To carry out the work related to payment and payment in a fast, efficient, safe and orderly manner, subject to the regulations, instructions and orders issued by the bank.
(a) To execute the decisions of the general meeting or the board of directors,
(B) Acting as the administrative head of the organization by using the powers obtained from the board of directors subject to the articles of association and regulations,
(c) To supervise and control the operation of the payment system or the provision of payment services (d) To prepare the annual budget and action plan of the organization and submit it to the board of directors for approval (e) To manage the manpower required by the organization subject to the staff regulations (f) To operate the organization in accordance with the instructions of the bank and to carry out effective internal control and risk management,
(g) To operate the organization in the best interests of the service users, shareholders and the organization (h) To carry out the work related to payment and payment in a fast, efficient, safe and orderly manner, subject to the regulations, instructions and orders issued by the bank.