MD/WTD/manager/CEO/CFO

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7 Points Posted on 23 April 2021
is MD/WTD/CEO/CFO of a company is by default KMP of the company or whether separate appointment as KMP is required...

and if separate appointment is required whether MD/WTD/CEO/CFO have to mandatorily be appointed as KMP.
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On 23 April 2021 at 23:44 Report
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Quick Summary
This discussion clarifies whether individuals holding positions like Managing Director (MD), Whole-Time Director (WTD), Chief Executive Officer (CEO), or Chief Financial Officer (CFO) are automatically classified as Key Managerial Personnel (KMP). It explains that while CEO and CFO are generally KMPs, there are restrictions on holding both CEO and MD roles simultaneously. The consensus is that MD, WTD, CEO, and CFO are indeed KMPs, though in cases with multiple MDs or WTDs, one must be specifically designated for compliance purposes.

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Chartered Accountant
24588 Points Posted on 24 April 2021
Key Managerial Person are Chief Executive officer, Chief Financial Officer and Company Secretary of the company.

CFO/CEO are KMP of the company provided that in a single point of time no person can be appointed as a CEO and MD at the same point of time.
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On 24 April 2021 at 09:12
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7 Points Posted on 24 April 2021
MD/WTD/Managers are KMP too
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On 24 April 2021 at 09:13
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Chartered Accountant
24588 Points Posted on 24 April 2021
Yes that's why I told that CFO/CEO/MD/WTD are KMP of the company provided that in a single point of time no person can be appointed as a CEO and MD at the same point of time.
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On 24 April 2021 at 09:49
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delhi
720 Points Posted on 28 April 2021
Although all are kmp but If there are more than one wtd or md than u have to designate one as kmp this is only for compliance part nothing else
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On 28 April 2021 at 00:20

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