In a two tier system the term board can refer to the management board, whose members have executive responsibilities, and the supervisory board, responsible for monitoring and supervising the company's management.

A. Reconstituting of the Accountability Panel as the Management Performance Board

(n) Review the risk management procedures together with OIOS and the United Nations Board of Auditors and executive management

2. Notes that the Board endorsed the Fund's enterprise wide risk management policy

The Section also acts as the Secretariat to the Results Based Management Board.

In paragraph 294, the Board recommended that UNICEF implement a comprehensive risk management framework to enhance its governance and management control processes.

(i) A Results Based Management Board has been established to provide overall leadership for UNHCR in its efforts to institutionalize results based management.

Information for outside board and management positions should be disclosed for key executives as well.

d) the establishment of a management coordinating board at national and provincial levels (in 15 provinces)

Executive and management functions between Assembly sessions are discharged by the Executive Board, which is democratically elected.

In paragraph 162 of its report, the Board recommended that UNICEF improve its management of staff rotation.

The Chief of the Unit is a member of the Senior Management Board and the Project Review Committee.

3. Also notes the establishment of the Management Performance Board to replace the Accountability Panel as well as the functions and composition of the Board See ST SGB 2005 13.

2. Also takes note of the report of the Secretary General on the Management Performance Board A 61 319.

Hitherto the secretariat of the Board and the Committee in Nairobi was part of the Human Resources Management Service.

In the area of bank and cash management, which is the other matter of emphasis by the Board (para.

These structures may include committees or groups to which the board has assigned duties regarding the oversight of executive remuneration, audit matters, appointments to the board, and the evaluation of management performance.

The Administration should address the structural and management weaknesses identified by the Board in the area of human resources management in order to achieve the objectives identified by the General Assembly.

In paragraph 106 of its report, the Board recommended that the United Nations Office on Drugs and Crime update and extend management instructions, such as those on cash or inventory management.

(e) Providing an open avenue of communication between the governing board, management and the functions of internal and external audit

(a) Conducting administrative reviews in the Office of Human Resources Management and preparing respondent's replies to the Joint Appeals Board

In the area of procurement and contract management, UNDP is committed to the four high priority recommendations of the Board.

The Steering Committee has been replaced by the new Senior Committee on Management, while the Management Performance Board replaces the Accountability Panel, according to the Secretary General's announcement issued in April 2005.

20. Emphasizes that the forthcoming change of management should not hinder the implementation of the recommendations of the Board of Auditors

For example, in Malaysia listing requirements call for immediate disclosure of a change in the management, external auditor or board structure.

The president of the Kodukant movement is a woman, and five more women and two men belong to the management board.

The Board notes that such a case has occurred in 2005, involving the human resources and recruitment management of the Organization.

Pursuant to Executive Board decision 95 1 of 10 January 1995, the present report has been reviewed by the Management Coordination Committee.

The findings have been discussed with the Executive Board, which approved a number of change management measures that are currently being implemented.

The group took the view that the board should give appropriate disclosures and assurance regarding its risk management objectives, systems and activities.

In paragraph 186, the Board recommended that UNICEF include the management of emergency surge capacity in its strategic review of human resources.

In paragraph 217, the Board recommended that UNICEF monitor the involvement of its senior field management teams in inter agency coordination forums.

The Board reiterated its recommendation that UNRWA implement the asset module included in the financial management system as a matter of urgency.

(g) Review with the Controller, the Under Secretary General for Management and the United Nations Board of Auditors the scope and results of the external audit and any significant findings reported in management letters

In paragraph 84, the Board recommended the establishment of policies and procedures on results based management to provide for strategic planning, setting of targets, monitoring processes, promoting effective management decisions and reporting on performance.

In paragraph 88, the Board recommended that UNRWA update the financial management system on a timely basis and reconcile it with the Reality system to ensure that information is accurate and of value to management.

The Board continued its practice of reporting the results of specific audits through management letters containing audit findings and recommendations to the Administration.

The members of the Management Performance Board will be appointed by the Secretary General for a two year term, which may be renewable.

UNRWA states that in addition to the above comment, management wishes to bring the following to the attention of the Board of Auditors

In paragraph 208 of its report, the Board reiterated its recommendation that the United Nations develop suitable data processing tools for cash management.

The IMF s Executive Board, which consists exclusively of representatives of member countries, currently runs the Fund s daily business. The Board thus does not perform oversight functions, but rather serves essentially as an extended Management Board, which delegates the execution of its decisions to the Managing Director and the staff.

The Board recommends UNHCR to harmonize definitions and terms used for results based management within its organization, in line with United Nations system practices.

4. Commends the Board of Auditors for the quality of its reports, in particular with respect to its comments on the management of resources

3. Commends the Board of Auditors for the quality of its reports, in particular with respect to its comments on the management of resources

The Board recommends that UNHCR harmonize definitions and terms used for results based management within its organization, in line with United Nations system practices.