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PMGLOBAL’s Executive Board enjoys the ultimate responsibility for company’s guidance, finances and all other activities. With a maximum of 11 members including Chairman, the Board takes final decisions on guidelines revisions, organizational strategy and operation plans.
Executive Board has sole power to take decisions and encapsulates Chairman, Senior Vice-chairman (Corporate), Vice-chairman (Technical), Vice-chairman (Operations), Vice-chairman (Financial), Vice-chairman (PMC Institute), Consultancy Head, Business Development Director, Career Services Director and Legal Adviser.
Furthermore, in order to broaden the Executive Board’s professional expertise in certain fields, the Board is able to co-opt as many SMEs as the subject requires as per the situation, who participate in the Board meetings in an advisory capacity, without voting rights.
Decisions are taken by a majority consisting of at least two third of board members (7 members) entitled to vote and representing at least four fifth of the subscribed capital (80% of the capital), and Board is encouraged to find consensus with all eleven votes (unanimously) if certainly possible.
In the absence of the Chairman of the Board of Directors, one of the Vice-Chairman, shall preside over meetings of the Executive Board, but have no power to vote on behalf of Chairman.