Oct 31, 2014 11:18
9 yrs ago
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English term

Board of Managing Directors

English to Danish Bus/Financial Finance (general) Articles of Association
Part of the document "Articles of Association" of a bank.

III. Board of Managing Directors
Article 4 - Composition and representation
(1) The Board of Managing Directors shall have at least three members. The Supervisory Board shall determine the number of members of the Board of Managing Directors, appoint the members and nominate the Chairman of the Board of Managing Directors. The appointment of deputy members of the Board of Managing Directors is permissible.

Should this be translated "Direktion" or "Bestyrelse". I am confused, because I have another text (Commercial Register) for the same bank, where they only mention "The Board", which I would definitely translate into "Bestyrelse". Maybe these two Boards mentioned are not the same kind of Board?
Proposed translations (Danish)
3 Direktion

Proposed translations

128 days

Direktion

As the board of managing directors have an executive (active) role it would be more appropriate to refer to them as "direktionen" rather than "bestyrelsen". I include a link from a bank with a Board of MDs.
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Reference comments

2 hrs
Reference:

bestyrelse

you are on the right track with "bestyrelse":

satzung - HSH Nordbank AG
https://www.hsh-nordbank.de/.../HSHNordbank_Satzu..
III. ***Vorstand***
§ 4 Zusammensetzung und Vertretung
(1) Der ***Vorstand*** besteht aus mindestens drei Mitgliedern.
Der Aufsichtsrat bestimmt die Anzahl der Vorstandsmitglieder, bestellt die Mitglieder und benennt den Vorsitzenden des ***Vorstands***. Die Bestellung stellvertretender Vorstandsmitglieder ist zulässig.
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