32. Prescribed appointments for bank incorporated in Singapore

The following appointments are prescribed as appointments in a bank incorporated in Singapore to which section 53A(1)(d) of the Act applies:

the chief financial officer;

the chief risk officer;

the head of treasury;

the members of the Nominating Committee.

In this regulation, “head of treasury”, in relation to a bank incorporated in Singapore, means any person, by whatever name described, who —

is in the direct employment of, or acting for or by arrangement with, the bank; and

is principally responsible for the management and conduct of the treasury operations of the bank.

The following appointments are prescribed as appointments in a bank incorporated in Singapore to which section 53A(1)(d) of the Act applies:

the chief financial officer;

the chief risk officer;

the head of treasury;

the members of the Nominating Committee.

In this regulation, “head of treasury”, in relation to a bank incorporated in Singapore, means any person, by whatever name described, who —

is in the direct employment of, or acting for or by arrangement with, the bank; and

is principally responsible for the management and conduct of the treasury operations of the bank.