Executive Committee | FCI
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Executive Committee
Executive Committee
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FCI is managed by the Executive Committee. The Executive Committee may appoint other committees.
The Executive Committee consists of a Chairman, two Vice Chairmen, an Immediate Past Chairman and seven other members. Unless the number of members of the Executive Committee falls below 6, the Executive Committee remains validly composed.

Members of the Executive Committee are elected by the Council at its Annual Meeting for a period of two years. The Chairman and four other members shall be elected by both the full members and the associate members. The remaining five (or six members if the Immediate Past Chairman does not form part of the Committee) may be elected by the full members only.

Affiliate members may vote in the Annual Meeting for a person employed by one such affiliate member to represent them for a period of two years. The Affiliate members’ representative can attend Executive Committee meetings as an observer.

The Chairman shall be elected as a member of the Executive Committee for a period of two years. The Executive Committee shall elect amongst itself two Vice Chairmen who will assist the Chairman in the fulfilment of his/her task.

The authority to represent FCI shall be vested in any three members of the Executive Committee acting jointly and/or by the Secretary General.

The Executive Committee may appoint other committees.

The Executive Committee has the authority either to enter into agreements to purchase, dispose of, or encumber registered property or to enter into agreements by which FCI commits itself as guarantor or joint and several debtors, warrants performance by a third party or undertakes to provide security for a debt of a third party, however, only upon a resolution of the Executive Committee in these respects.
All resolutions of the Executive Committee must be adopted by an absolute majority of the votes cast.  Resolutions of the Executive Committee shall only be valid if passed at a meeting of the Executive Committee at which at least half of its members are present.  The acting chairman shall have an additional vote to resolve tie votes.
The Executive Committee can adopt resolutions outside regular meetings, provided that all members of the Committee have been consulted in writing; a resolution will be valid if the majority of the members accept, in writing, the proposal.

Currently the members of the Executive Committee are the following:
Ms Chenyue MAO
Ms. Chenyue MAO, Chair

First-Citizens Bank & Trust Company, USA

Country Distribution: China, Hong Kong, Japan, Singapore, and the United States.

Cagatay Baydar
Mr. Çagatay BAYDAR, Vice Chair & Past Chair

TEB Faktoring, Türkiye

Country Distribution: Bulgaria, Greece, Israel, Kosovo, Poland, Saudi Arabia, Türkiye, United Arab Emirates, United Kingdom, and Uzbekistan.

Philippe Gresta
Mr. Philippe GRESTA, Vice Chairman

BNP Paribas Factor, France 

Country Distribution: Austria, Belgium, Denmark, France, Germany, the Netherlands, Spain, Sweden, and Switzerland.

Joao Costa Pereira
Mr. João COSTA PEREIRA

Banco Ourinvest S.A., Brazil 

Country Distribution: Argentina, Brazil, Chile, Colombia, Mexico, and Portugal.

Ms. Mary FARLEY_ FCI Committee Headshots
Ms. Mary FARLEY

First-Citizens Bank & Trust Company, USA 

Country Distribution: Cambodia, Canada, Indonesia, Malaysia, Sri Lanka, Thailand, Vietnam.

Mr. Gustavo FERNÁNDEZ BÁTORY
Mr. Gustavo FERNÁNDEZ BÁTORY

Banco Pichincha, Peru

Country Distribution: Bolivia, Costa Rica, Dominican Republic, El Salvador, Honduras, Peru, and Uruguay.

Doaa Hafez
Ms. Doaa A. HAFEZ

Egypt Factors (member of FIMBank Group), Egypt

Country Distribution: Belarus, Egypt, Hungary, Jordan, Kazakhstan, Mali, Mauritius, Morocco, Pakistan, and Tunisia.

Ms. Chung Huei (Sarah) PON
Ms. Chung Huei (Sarah) PON

UniCredit Factoring S.p.A., Italy

Country Distribution: Armenia, Cyprus, Georgia, Italy, Korea, Malta, Moldova, Russia, and Taiwan.

Ms. Nives RUDEŽ
Ms. Nives RUDEŽ

OTP banka d.d., Croatia

Country Distribution: Bosnia and Herzegovina, Croatia, Czech Republic, Finland, Latvia, Lithuania, North Macedonia, Romania, Serbia, Slovakia, and Slovenia.

Mr. Ravi VALECHA
Mr. Ravi VALECHA

India Factoring & Finance Solutions Pvt Ltd, India

Country Distribution: Australia, Bangladesh, India, Mongolia, Oman, and Ukraine.

Ms Kanayo AWANI_ Committee Headshots_website edits
Mrs. Kanayo AWANI

African Export-Import Bank, Egypt

Representing Affiliate members

Country Distribution: Botswana, Burkina Faso, Cameroon, Democratic Republic of the Congo, Republic of the Congo, Ghana, Guinea, Ivory Coast, Kenya, Nigeria, Senegal, South Africa, Uganda, and Zimbabwe.

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