Article R5315-8 of the French Labour Code
The Managing Director is appointed by decree on the joint proposal of the supervisory ministers. The Director General: 1° Prepares, co-signs and executes the contract of objectives and performance provided for in 1° of Article R. 5315-3; 2° Prepares the deliberations of the Board of Directors and ensures their execution; 3° Prepares and executes the institution’s budget; 4° Is the authorising officer for revenue and expenditure; 5° Has authority over…