Conversion From Director to Sales Executive..

There is no violation of law, simply said Director needs to resign from the Directorship by tendering a resignation to the Board of Directors of the Company. ASAP he resigns file F-32 for the cessation from Directorship and redesignate him whatever designation he/management want (it your internal HR matter), intimate to bank about his resignation from Directorship, new designation and his continuance as authorized signatory. If he is relative of any other Director then provision of Sec.-314 get attracted and comply that accordingly.

Regards,