MORNBFI Vol. 1 - Planters Development Bank

APP. Q-408.12.31Annex Q-4-aFORMAT OF RESOLUTION FOR SIGNATORIES OF CATEGORY A-1 REPORTSResolution No. _____Whereas, it is required under Subsec. 4192Q.1 that Category A-1 reports be signed by theChief Executive Officer, or in his absence, by the Executive Vice-President, and by thecomptroller, or in his absence, by the Chief Accountant, or by officers holding equivalent positions.Whereas, it is also required that aforesaid officers of the institution be authorized undera resolution duly approved by the institution's Board of Directors;Whereas, we, the members of the Board of Directors of (Name of Institution) ,are conscious that, in designating the officials who would sign said Category A-1 reports,we are actually empowering and authorizing said officers to represent and act for or in behalfof the Board of Directors in particular and (Name of Institution) in general;Whereas, this Board has full faith and confidence in the institution's Chief ExecutiveOfficer, Executive Vice-President, Comptroller and Chief Accountant, as the case may be,and, therefore, assumes responsibility for all the acts which may be performed by aforesaidofficers under their delegated authority;Now, therefore, we, the members of the Board of Directors, resolve, as it is herebyresolved that:1. Mr.____________ President _________________Specimen SignatureorExecutive2. Mr.____________ Vice-President _________________Specimen Signatureand3. Mr.____________ Comptroller _________________Specimen SignatureorChief4. Mr.____________ Accountant _________________Specimen Signatureare hereby authorized to sign Category A-1 reports of (Name of Institution) .Done in the City of ________________ Philippines, this ____day of ____, 20____.CHAIRMAN OF THE BOARDDIRECTOR DIRECTORDIRECTOR DIRECTORDIRECTOR DIRECTORATTESTED BY:CORPORATE SECRETARYQ RegulationsAppendix Q-4 - Page 2Manual of Regulations for Non-Bank Financial Institutions