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Question

Who of the following is included in definition of "Key Managerial Personnel" as per Companies Act, 2013?

A

Chief Financial Officer

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B

Chief Business Officer

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C

Chief Accounts Officer

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D

Chief Administrative Officer

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Solution

The correct option is A Chief Financial Officer
The managing director or chief executive officer is responsible for running the whole company. Also, the managing director has authority over all operations and has the most power in a managerial hierarchy. He is also responsible for innovating and growing the company to a larger scale. In many countries, a managing director is also called a Chief Executive Officer (CEO).
Company Secretary

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