General Manager Powers and Responsibilities in Saudi Arabia: Common Mistakes to Avoid

There are common mistakes that global companies can make when pursuing the process of documenting general managers’ powers and responsibilities before they are eventually formalized in the company’s articles of association (AoA).

To better equip themselves for better financial decision-making in the future, global companies should be aware of these mistakes to keep their businesses on the path to continued success.

Limitations of Powers and Responsibilities Allocated to General Managers

A common mistake companies can make is imposing limitations on the authority of general managers upon appointing them; these limitations can span crucial areas of business and compliance, such as banking.