(1)The functions, duties and powers of the chief executive shall be as follows:
(a) To implement the decisions of the Board and supervise and control the activities and transactions of the bank or financial institution, subject to this Act and the memorandum of association and articles of association;
(b) To prepare annual budgets and action plans of the bank or financial institution and present them before the Board for approval;
(c) To manage necessary human resources, subject to the personnel bye-laws of the bank or financial institution;
(d) To implement, or cause to be implemented, the decisions of the Board and the General Meeting, and the directives of the Rastra Bank;
(e) To present on time all such particulars, documents, decisions, etc. as are required to be submitted by the bank or financial institution to the Rastra Bank or any other body, subject to this Act and the memorandum of association and articles of association;
(f) To perform such other functions as may be prescribed in relation to the operation of the bank or financial institution.
(2) The Executive Chief shall be accountable to the Board for all of his or her functions