There shall not be more than 15 members of the Board of Management, which shall consist of such members of the Board of Trustees, the members of the Institute and Executive Officers as the Board of Trustees shall determine by regulation but it shall normally include:
The Board of Management shall normally meet not less than six times in a year or with such other frequency as the Chairman of the Board of Management may direct. The quorum for any meeting shall be five voting members.
To oversee the day-to-day management of the Institute in accordance with the policies formulated and laid down by the Board of Trustees.
To ensure that the Institute’s Secretariat, the Committees and the Branches of the Institute function efficiently in accordance with the said policies, provided that the Professional Conduct Committee shall be independent from and not be subject to the control of the Board of Management, which shall nevertheless ensure that the Board is properly supported.
To formulate all necessary regulations, rules protocols and procedures for approval by the Board of Trustees and, once approved, to implement and enforce them.
(Please note that the above is not an exhaustive list).