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7-A DEFINITIONS OF TERMS USED UNDER “FIT & PROPER TEST”

Alternate Director means a person who has been designated by a director during his absence, as per provisions of the sub-section (2) of section 192 of Companies Ordinance, 1984. "Chief Executive Officer (CEO)", in relation to bank/DFI means an individual who, subject to the control and directions of the directors, is entrusted with the whole, ...

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