Designated Signatory

The executive gateway signatory, owner of governance and risk on behalf of the board.

 

Attributes Responsibilities
  • Independent senior executive
  • Appropriate level of designated accountability, ie: empowered by the board to approve the bid for submission
  • Commercially savvy and astute
  • Usually holds budgets or P&L responsibility
  • Approve bid / no-bid decision
  • Provide feedback on pricing
  • Sign-off commercial strategy
  • Sign-off the pricing and commercial terms to be submitted
  • Read and approve the Executive Summary