Authorized Signatory

Hi Sir, I want to know the pros and cons of authorized signatory. I was appointed authorized signatory in a company whose directors are foreigners. Now I have left the company but company has not changed authorized signatory and are still using internet banking which still has me as Autorized Signatory in Bank, will that effect me in any way? If company does not close the account in future or change Autorized Signatory, is that a problem for me? I have sent email to bank that I am no longer associated with company Can you please provide your valuable suggestion BR, Darshan