PRESS RELEASE: FCI Strengthen its Regional PresenceFriday 18 January 2019
As part of the strategic plan, FCI is delighted to announce the appointment of two new Chapter Directors to strengthen the regional presence in the world. These new appointments will compliment the two existing Chapter Directors that cover respectively the Americas (Mr. Alberto WYDERKA) and South and South East Asia (Mr. LEE Kheng Leong).
Director of Central & Eastern Europe, South East Europe (Balkans), and the Middle East, Ms. Betül Kurtulus, Turkey. Betül Kurtulus comes to FCI with 26 years of experience in the factoring industry. Her previous position was General Manager and member of the Board of Strateji Faktoring in Turkey, overseeing all areas of operation. She also served for the past five years as member of the FCI SCF Committee and more recently FCI Marketing Committee. Betül graduated with a BA degree in Business and Economics from the University of Marmara in Turkey. We believe she will herself act as a strong bridge and bring experience and leadership to this quite diverse region.
Director of North East Asia, Mr. LIN Hui, China. Mr. LIN Hui will cover the greater China region (China, HK, Taiwan) along with Japan, Korea, and Mongolia. Mr. LIN has over 20 years of experience in the Chinese factoring and trade finance market. He had launched two leading bank factoring divisions with Bank of Communication and China Minsheng Bank, and one commercial factoring enterprise located in mainland China and HK. He comes to FCI with broad professional network experience across Greater China’s banking and financial services industry, including working closely with credit insurers, commercial factors, government regulators, industrial associations, and corporate customers in various export industries.
Peter Mulroy, FCI Secretary General commented about the appointments: “We are confident that FCI will benefit from the Regional Directors’ skills and experience, as they work to expand FCI’s activities globally.”
Founded in 1968, FCI is the global representative body for factoring and financing of open account domestic and international trade receivables. With close to 400 member companies in 90 countries, FCI offers a unique network for cooperation in cross-border factoring. The global factoring network represents 86 per cent of cross-border factoring revenues worldwide.
FCI offers three major areas of activities:
- CONNECT: the Business network supports cross-border factoring activities through which its members cooperate as export and import factors
- EDUCATE: FCI promotes and develops best practices in both domestic and international factoring and related Open Account Finance products
- INFLUENCE: FCI promotes and defends the Industry with stakeholders and policy makers worldwide