Which position is company secretary in company?
A Company Secretary is a senior position in a private sector company or public sector organisation. Also known as Compliance Officers, it is one of the positions that is a part of the key managerial personnel (which usually includes the CEO & CFO) of any company.
Is CS top level management?
C-level corporate jobs are the top executive positions in a company. The jobs of these high-level managers are called “C-level” because of their typical titles usually begin with “C” for “Chief,” such as Chief Executive officer (CEO).
Does company secretary have to be a director?
You do not need a company secretary for a private limited company. Some companies use them to take on some of the director’s responsibilities. The company secretary can be a director but cannot be: the company’s auditor.
Who does the company secretary report to?
Historically, the company secretary has reported to the Chief Financial Officer or Chief Executive Officer. Given that the board technically appoints the company secretary and that the role is heavily focused on board performance, it is also appropriate that they report to the chair of the board.
What is the legal position of a secretary?
The legal status of the secretary has been described as a servant of the company but the actual position is much more than a servant. It is the duty of the Company Secretary to execute the policy decisions of the Board of Directors. He plays an important role in the administrative work of the company.
Is secretary higher than director?
However, the fundamental difference is that a director is ultimately responsible for the company complying with all relevant laws. A secretary is in charge of helping the director do this, by assisting in administrative roles. It is highly advised for a large proprietary or public company to have a company secretary.