Do you know to what function the Key Controller of a company is associated to, according to HSBC?

BANK ACCOUNT

2016-11-17

The Key Controller is an individual appointed to exercise direct control over the entity, by participating in the governance or senior / executive activities of the business.

Key Controller typically sets the strategic direction of the entity and exercises control jointly with other directors or senior executives.

It can be a corporate entity.

Key Controllers include:

  • Chief Executive Officer (CEO) / Managing Director
  • Chief Financial Officer (CFO) / Head of Finance
  • Chief Operating Officer (COO) / Head of Operations
  • Managing Partner
  • Chairman / Deputy Chairman of the Board
  • Chairman of the Audit / Remuneration / Risk Committee
  • Authorised Signatory with sole signing authority
  • Nominee
  • Powers of Attorney

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