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AGM 2021

 

The Annual General Meeting

We hope that as many member banks as possible will attend the AGM – at which the Chairman will present his update and the CEO will discuss the forward look for 2021 and beyond.  Please find the formal notice of the AGM here.

Voting

Kindly note that on all matters each member bank is only allowed ONE vote at the AGM, even if more than one member of staff attends. 

Papers for the AGM

Papers for the AGM will be issued not later than one week before the meeting and will include:

  • Minutes of the AGM of the Association of Foreign Banks held on 25 June 2020
  • The Association’s Annual Report and Financial Statements for the year to 31 December 2020
  • Nominations forms and voting process for new Board Members

Instructions for the Nomination of New Board Members

We invite nominations to membership of the AFB Board.  In accordance with Article 17.1 of the Company’s Articles of Association, “any person who is willing to act as a director, and is permitted by law to do so, may be appointed to be a director by ordinary resolution of the members”.  However, Board members typically are senior bankers (CEO/Branch GM) who can bring deep expertise and significant Board-level experience and/or experience of highly distinguished public service. They will usually have served as a non-executive director before.  The current Board is particularly keen to hear from females who may wish to serve as Board members. There are two vacancies.  All Members nominated will be subject to election at the AGM.  If there are more than two nominations, the election will be competitive.

A member may be nominated by another member or may nominate her or himself.  If you wish to nominate yourself or another member to the Board, you and your nominee should email Finn Mercouris, Corporate Administration Officer, at finn.mercouris@foreignbanks.org.uk.  Nominations must be made by 13 May 2021.  Each nominator should submit a short paragraph (around 250 – 300 words) that explains who they are nominating and why.  The submission should be suitable for inclusion in the AGM papers.   Self-nominations are allowed – but if you are nominating someone else you should indicate that your nominee has confirmed that they are willing to stand. 

The AFB will issue election papers to all member bank CEOs on 20 May.  Further details of the election process will be issued with the election papers at that time.

Logistics

The AGM will be held virtually. Webinar details will be shared with attendees two days beforehand.