FBC Annual General Meeting 2019 – Decisions and New Board

On the 18th of March, 2019 the Finnish Business Council Singapore held its Annual General Meeting (AGM). AGM made a few important decisions and selected new board for FBC. Here is a summary of AGM 2019.

Highlights of year 2018

FBC had an active year 2018:

As per 31st of December 2018, FBC had
- 48 Corporate Members
- 13 Individual Members
- 2 Honorary Members
The year was active on both events and communications
- In total there were 923 registered for FBC events and 836 participants in 19 events
- FBC relaunched its web site and increased traffic on all its digital channels (web, Facebook, LinkedIn, email newsletters)
For the first time in 4 years, FBC made some profit
FBC rejoined EuroCham (https://eurocham.org.sg/ )
- Eurocham provides European business with a communication and lobbying channel to Singaporean and European political & economic circles and are the sole European representative at the Singapore Business Federation (SBF) council.

Changes in rules

The Annual General meeting approved the suggested changes to FBC rules:

Finnish Supplementary School (Suomi-koulu)
- the Finnish Supplementary School (FSS, Suomi-koulu) will separate from the Finnish Business Council
- Going forward it will be administered under SiSu(FAS, Finnish Association in Singapore).
- FSS and FAS have great synergies and possibility to greatly benefit from tighter collaboration
Simplification of the process for selecting the Board:
- Starting from AGM 2020, at each AGM up to nine members of the Board to be elected by the Corporate Members
- The newly elected Board will choose who will act as Chairman, Deputy Chairman, Secretary and Treasurer
- At least half of the Board Members are to be representatives of Corporate Members
FinnLink paper magazine only to be published when needed
- FinnLink will be going forward only be published at such times and in such form as the Board may determine from time to time.