Who is a CEO?

Who is a CEO?

May 09, 2019

CEO is an abbreviation for Chief Executive Officer of a company and it can be used interchangeably with Managing Director, Executive director and President.

A CEO is the person in charge of managing the affairs of a company. The CEO has the highest authority to make decisions affecting a company. The CEO decides how a company should go by setting the tone and vision for the company.

The CEO is charge with the responsibility of making major corporate decisions, the smooth running of the company, directs the general operations of the company and reports to the board directly. The mangers of the company reports to the CEO as it relates to their department, this assists the CEO in getting an overview of what is going on in every other department.

In Nigeria, the CEO has some other functions like making sure the company is up to date with the Corporate Affairs Commission (CAC), has paid its tax and its in line with the law.

 

 

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached

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    A company’s first Annual Returns are due for filing after 18 months of its inception, subsequently it should be filed annually as the name implies. The filing dates could differ for each company depending on their financial year end but must be filed not later than 42 days after its Annual General Meeting.

    The Annual Returns for Business Names is due not later than the 30th of June each year except in the year the business was registered.
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