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The Board of Directors is the governing body of a company, responsible for strategic decisions, corporate policies, and overall management oversight. In the UAE, companies must adhere to board composition rules set by the UAE Commercial Companies Law (CCL) and relevant free zone regulations. For example, public joint-stock companies (PJSCs) must have a minimum of three and a maximum of eleven directors, with at least one-third of them being independent. In regulated industries such as banking and finance, board members must meet fit-and-proper requirements set by regulatory authorities like the Central Bank of the UAE (CBUAE) and the Securities and Commodities Authority (SCA).
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