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Central Bank of Bahrain RulebookVolume 3: InsuranceName of (Proposed) LicenseeCENTRAL BANK OF BAHRAINForm 3: Application for Approved Person Status (Application for approved person status in the Kingdom
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The chairman is the person who presides over meetings of the board of directors, ensuring that discussions are productive and all viewpoints are considered. Non-executive directors are board members who do not engage in the day-to-day management of the company but provide independent oversight and guidance.
Companies listed on stock exchanges are typically required to file details about their chairman and non-executive directors, as part of corporate governance and regulatory compliance.
To fill out the filing for chairman and non-executive directors, provide accurate personal and professional details for each individual, including their names, positions, appointment dates, and any relevant qualifications or affiliations.
The purpose of the chairman and non-executive directors is to provide leadership, strategic guidance, and oversight while ensuring that the company adheres to ethical standards and regulatory requirements.
The information that must be reported includes names, positions, appointment dates, remuneration, and any potential conflicts of interest.
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