Commonwealth Act No. 352

: Commonwealth Act No. 352 amends Section 18 of Act No. 2612, relating to the appointment, duties, and compensation of the President and Vice-Presidents of the Philippine National Bank.
: The President of the Philippine National Bank is the chief executive.
: The President is appointed by the Board of Directors with the advice and consent of the President of the Philippines.
: Yes. The President may be removed by the Board of Directors with the advice and consent of the President of the Philippines in the same manner as appointment.
: The salary of the President is fixed by the Board of Directors with the approval of the President of the Philippines.
: Yes, there can be one or more Vice-Presidents who assist the President.
: The salary of the Vice-Presidents is fixed by the Board of Directors with the approval of the President of the Philippines.
: The Board of Directors shall designate the Vice-President who shall take the place of the President.
: Yes, Section 2 states that the Act shall take effect upon its approval.
: Acts Numbered 2938 and 3979 previously amended Section 18 of Act No. 2612.