sparkly wrote:VituVingiSana wrote:Gordon Gekko wrote:Actually @vvs there is such a rule that the chairman and chief executive shouldn't be the same person, I'm just not sure it relates to banks only.
If you recall KCB had major governance issues when they had executive chairmen - Kaminchia et al and CMA introduced the rule to sort out the mess.
Then I have no idea where the issue is... Why hasn't CMA said anything?
It in the CMA guidelines on corporate governance. Why they are not enforcing is the big question.
Please post the relevant 'guidelines' for me on here. Also, when were the guidelines published?
*I also think there should be a separation of powers but the question is did KK do anything illegal?*
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett