(1) The Board shall, with the approval of the Minister, appoint a person as the Chief Executive Officer on such terms and conditions as the Board determines.
(2) The Chief Executive Officer shall —
(a) manage the day-to-day affairs of the Authority;
(b) implement the strategic risk and compliance initiatives set by the Board and other decisions of the Board;
€ measure, and attain performance targets approved by the Board;
(d) communicate Board decisions, policies and priorities to employees;
€ present organizational performance reports and budgets to the Board;
(f) attend meetings of the Board unless directed otherwise by the Chairperson but have no voting rights in the meeting; and
(g) perform the functions assigned to him or her under this Act.
(3) The Chief Executive Officer may, in writing, delegate his or her functions to an employee of the Authority.