Regulatory Alerts2017-04-25
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Initial assessment– fitness assessment: fit for the position
De Nederlandsche Bank provides anonymized practical examples to guide candidates and institutions regarding the criteria used in fitness assessments for supervisory and management board positions. The document illustrates how specific expertise, time commitment, international experience, and board composition are evaluated to determine if a candidate is fit for the role. It details scenarios where positive decisions were issued without interviews or despite formal measures, highlighting the importance of preparation, motivation, and the ability to add value to the board as a whole.
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