50 Years Facilitating Open Account - Trade Finance

FCI Holds successful 49th Annual Meeting in Peru

Thursday 15 June 2017

FCI has held its 49th Annual Meeting of FCI in Lima, Peru, with a highly successful, intensive and in-depth programme involving some 250 participants in interactive presentations, discussions and debate on the latest developments and trends in the Global Factoring Industry.


Following the Council Meeting which took place within the event, a new Executive Committee has been elected.


The Chairman is confirmed as Mr Çagatay Baydar, General Manager of TEB Faktoring Turkey.


The new Committee, who were chosen by qualified FCI members comprises:

Two Vice-Chairman: Ms. Sun Jianbo (Deputy General Manager of China Construction Bank, China) and Mr. Uwe Mueller (Managing Director of Deutsche Factoring Bank, Germany)


Members of the Executive Committee: Ms. Joy Zhu (Director International of The CIT Commercial Services, USA), Ms. Daniela Bonzanini (Head of International of BANCA IFIS S.p.A, Italy), Mr. Josep Selles (Manager for Factoring and Supply Chain Finance of Gedesco Services Spain), Mr Julio Nielsen (Senior Vice President International of Penta Financiero, Chile), Mr. Vijay Vashist (Managing Director, Group Head of Open Account Trade, Supply Chain Finance, Trade Risk Distribution of DBS Bank Ltd, Singapore), Mr. Andrew Zbikowski (Advisor to the CEO of ING Commercial Finance Poland), Mr. Panos Papatheodorou (Executive Vice-Chairman and CEO of Laiki Factors & Forfaiters S.A., Greece) and Mr. Tushar Buch (Managing Director and CEO of SBI Global Factors Limited, India)


Dr Benedict Oramah (President and Chairman of the Board of Director of The African Export-Import Bank, Egypt) is chosen as the Executive Committee representative of the Affiliate Members.


The new Executive Committee will be working with the Secretariat to deliver a strong programme of activities and developments designed to meet FCI’s strategic pillars of Connect, Influence and Educate, building on its reputation as the “Voice of the Industry”.


As Çagatay Baydar, Chairman of FCI states “We have a clear mission for our Organisation and we are looking forward as a team, working together to achieve our aims in developing and representing our Industry.”