An organization requires a newly appointed manager to declare his assets before resuming duties.

[King Belieal]

My friend has just been appointed the branch manager of a popular bank in my country. He is required by the policy of the bank to declare his assets before he resumes in his position.

Is that even necessary? Is that not infringing on the right of the manager?

 

[Fidelia]

If that's what the organization demands, it is not out of place to do that. I believe it is a multinational that would demand that.

 

[Augusta]

There's no big deal with this. some companies I know asked your this. it is just a way to put financial occurrences in check which is not had

 

[eLdavis]

It is necessary, this way at the end of his position as manager, they can easily give account of what he gained. This is to prevent fraud.

 

[Augusta]

i like this for the company at least the manager would think twice before trying to be fraudulent. He or she would apply caution here

 

[Springtime]

Banks here do not have such policy. Your personal assets have nothing to do with how you carry out your responsibilities. If you commit fraud, then the bank will sue you. Only senior public officials need to declare personal assets here. This is to avoid conflict of interest when they carry out public duties.

 

[Trush Jodie]

I won't declare my assets for any corporate job. That is an invasion of my privacy. I can declare assets for a top civil service job.