Board of Managing Directors

11:18 Oct 31, 2014
English to Danish translations [PRO]
Bus/Financial - Finance (general) / Articles of Association
English term or phrase: Board of Managing Directors
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?
Susanne Birkmose Søndergaard
Local time: 10:58

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Summary of reference entries provided



128 days   confidence: Answerer confidence 3/5Answerer confidence 3/5
board of managing directors

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.

Local time: 10:58
Specializes in field
Native speaker of: Native in DanishDanish
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Reference comments

2 hrs
Reference: bestyrelse

Reference information:
you are on the right track with "bestyrelse":

satzung - HSH Nordbank AG
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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PRO pts in category: 34
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