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.
TEB Faktoring, Turkey
Banca IFIS, Italy
Wells Fargo Bank
BNP Paribas Factor, France
Banco Ourinvest S.A., Brazil
The CIT Group/Commercial Services, Inc., USA
Caixabank, Spain
Egypt Factors (member of FIMBank Group), Egypt
Eurocapital, Chile
China Construction Bank, China
Santander Factoring, Poland
African Export-Import Bank, Egypt
Representing Affiliate members