At least 76 per cent of the respondents were chairmen, CEOs, managing directors, presidents and senior vice presidents, executive directors and general managers.

At the same meeting, the representative of the World Bank, the Dean of the Executive Board of the Bank, made a statement.

The Fund is administered by IDB through its Donors' Council and Board of Executive Directors and the President of that Board.

A unitary board is comprised of executive and non executive directors.

A clear distinction should be made between remuneration mechanisms for executive directors and non executive directors.

If the roles of chairman and CEO are combined, the proportion of independent directors within the board structure assumes greater importance.

E. Members of the board and key executives

The group took the view that the composition of the board should be disclosed, in particular the balance of executive and non executive directors and whether any of the non executives have any affiliations (direct or indirect) with the company.

A large number of executive and alternate directors of the Boards of the World Bank and of IMF and the Deputy Director General of the World Trade Organization participated in the meeting.

Ketty Lazaris is the elected President of the Board.

Evaluation by the Board of Trustees and secretariat in performing their evaluation, the Board and the secretariat carry out the following activities

As the implementation of this recommendation requires advice from the Board of Trustees, it will need to be considered by the Board at its next session.

FEE further recommends that the board should disclose its reasons for considering a non executive (or supervisory) director to be independent.

It is recognized that not all non executive directors can be considered independent directors.

The board unanimously decided to appoint her as CEO.

Photograph of Jean Claude Trichet (c) European Central Bank Andreas Böttcher

Mr. R. Balakrishnan, Executive Director, National Bank for Agriculture and Rural Development, India

The Chairman of RAI, Mr. Enzo Siciliano, and the Chairman of Mediaset, Mr. Fedele Confalonieri, will also speak.

UNITAR is governed by a Board of Trustees and is headed by an Executive Director.

1978 1981 Chairman of the Board of Directors of Al Ayyam Printing and Publishing House

He is a non executive chairman of Johnnic Holdings, MTN Group Limited and the South African Special Risks Insurance Association (SASRIA).

The Secretary General has renewed the current membership of the Board of Trustees up to 31 December 2000.

In this document, the term board is used to refer to the highest governing and monitoring body or bodies of an enterprise upon which executive and non executive or supervisory board members sit.

The Narayan Murty Committee Report in India, for instance, makes a clear distinction between non executive and independent directors.

Mr. Mikhail Kozlovsky, Acting Chairman of the Executive Board, Children of Chernobyl

UNITAR is governed by a Board of Trustees and is headed by an Executive Director.

And if the chief executive is implicated, complaints go straight to the board of directors.

Chairman CEOs report

The Board of Executive Directors of the Bank would adopt a process of free, prior and informed consultation.

Likewise, the implementation of this recommendation will require guidance from the Board of Trustees, and a background paper will be prepared for its next session.

The following paragraphs provide information on action taken by the secretariat and the Board of Trustees to implement those recommendations.

The Board of Trustees then makes recommendations to the Secretary General in accordance with the guidelines of the Fund and Board.

(a) The amendment proposed to article III (Board of Trustees), paragraph 1, refers to an Executive Board.

Recently, the Board of Executive Directors approved new loan document and procurement guidelines.

The Assembly will now hear an address by Mrs. Virginia Vargas, Founding Director and Executive Board Member of the Flora Tristan Centre for Peruvian Women.

The Secretary General follows this recommendation by the Board.

Vice president of the Seaboard Trust Company.

Mr. Ravi Kant, Executive Director, Commercial Vehicle Business Unit, Tata Motors,

The harmonization of officer and director responsibilities is problematic for several reasons.

Additionally, he receives 100 for every board meeting he attends and 5000 every quarter as a member of the board.

Some countries would give more emphasis to the need for a clear division of responsibilities between the chairman and the chief executive officer (CEO) (Cadbury Report, para.

These structures may include committees or groups to which the board has assigned duties regarding the oversight of executive remuneration, audit matters, appointments to the board, and the evaluation of management performance.

Such a relationship could be considered in assessing the ability of the non executive director to fulfill his or her duties.

The substantial increase in actions being brought against officers and directors for alleged breaches of various obligations points to an urgent need to create guidelines setting forth the responsibilities of officers and directors when a company approaches insolvency or becomes insolvent.

A senior officer has been appointed as a focal point within the Executive Office of the Secretary General and moreover, the Secretary General has been represented at all recent sessions of the UNITAR Board of Trustees.