+64. Members of the management body in its management function should have gained sufficient …

64. Members of the management body in its management function should have gained sufficient …

Members of the management body in its management function should have gained sufficient practical and professional experience from a managerial position over a sufficiently long period. Short-term positions may be considered as part of the assessment, but such positions alone should not be sufficient to assume that a member has sufficient experience. When assessing the practical and professional experience gained from previous positions, particular consideration should be given to:

  • a. the nature of the management position held and its hierarchical level;
  • b. the length of service;
  • c. the nature and complexity of the business where the position was held, including its organisational structure;
  • d. the scope of competencies, decision-making powers and responsibilities of the member;
  • e. the technical knowledge gained through the position;
  • f. the number of subordinates.

1. Overview

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Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

Standards
Source Requirement
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