Question
An NED sends instructions directly to a mid-level officer regarding operational matters. Which of the following is correct?
Solution
NED as an individual, shall have no power to act on behalf of the PVB nor can they give any direction to the employees of the PVB on behalf of the management. A NED shall desist from sending any instructions to the individual officers on any matters and such cases, if any, shall be routed through the MD&CEO / CEO of the PVB. Further, if any information is required for the purpose of taking a decision or reviewing the situation at the Board level, it shall be sought from the management. NEDs must: • Not send instructions directly to officers • Route all matters through MD&CEO/CEO
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