Chairman of the Board of Management
Chairman of the Board of Management
1. The General Meeting of Shareholders or the Board of Management shall elect the chairman of the Board of Management in accordance with the provisions in the charter of the company. In the case where the Board of Management elects the chairman of the Board of Management, then the chairman shall be elected from the members of the Board of Management. The chairman of the Board of Management may act concurrently as the director or general director of the company, unless otherwise stipulated in the charter of the company.
2. The chairman of the Board of Management shall have the following rights and duties:
(a) To prepare working plans and programs of the Board of Management;
(b) To prepare, or organize the preparation of programs, agenda and documents for meetings of the Board of Management; to convene and preside over meetings of the Board of Management;
(c) To organize for resolutions of the Board of Management to be passed in other manners;
(d) To monitor the implementation of decisions of the Board of Management;
(dd) To chair the General Meetings of Shareholders;
(e) Other rights and duties stipulated in this Law and the charter of the company.
3. Where the chairman of the Board of Management will be absent, he shall authorize in writing another member to perform the duties of the chairman of the Board of Management in accordance with the principles stipulated in the charter of the company. Where no-one is authorized, or where the chairman of the Board of Management is unable to work, then the remaining members shall select one of them to hold temporarily the position of the chairman of the Board of Management in accordance with the principle of an absolute majority.
- Contact directly at the following address:
Daiviet Law Firm
Daiviet Notary Office
No. 335 Kim Ma Street - Ba Dinh District - Hanoi- Vietnam
Tel: (84-4) 37478888/ Hot-line: 0933 668 166
Fax: (84-4) 37473966
