Dear Members and Friends

I would like to provide you with an update regarding a number of changes at the Board level.

 

We have had a number of Board resignations, and we have been fortunate to be able to replace these positions rapidly.

 

The basis for selection of the replacement was through reviewing the Members votes at the last Annual General Meeting (AGM) held on 26 March this year and choosing the ‘next in line’.    We hope the logic of this process is supported by you, as our Member.

 

The changes are as follows:

We welcome Ms Stephanie Ralainarivo to the Board. Stephanie, a former Board member in Hanoi (who works with our Gold Sponsor, Santa Fe Relocations) has replaced Chris Vella.    I thank Chris for his hard work with AusCham. And, on a side note, we are grateful that Chris has offered to help AusCham organise our Inaugural Golf Scramble in Hanoi on 26 September!

Chris Butler (who works with our Bronze Sponsor, EY Vietnam) has also stepped down and we are fortunate that Khoa Pham, a former Board member in HCMC (who works with our Bronze Sponsor, Allens), accepted an invitation to rejoin the Board.  I thank Chris for the time he has given AusCham and I thank Khoa very much for returning to the fold.

 

Also this week, I wrote to my fellow Directors to confirm that I will be resigning from the Board – but not until October.  I have accepted another position with the ANZ Bank in Singapore.

In terms of the mechanics of managing my transition from AusCham, I am very pleased to report that my upcoming vacancy on the Board will be filled by Ms Chau Ta. Chau is also a former Board Member.

 

With respect to my position of President, the Charter does not outline how a mid term resignation shall be managed.

 

Accordingly, the Board will consider this matter of process at our next Board Meeting on Tuesday 12 August. Once the process is confirmed, we will then be able to determine who shall lead AusCham through to the next AGM.

While on the surface, it may appear that there is considerable change at the Board level, I would like to stress that the reality of the situation is that AusCham continues to progress positively.

 

Each of the three new arrivals has significant experience with AusCham and are highly regarded within both AusCham and the broader business community. I think these changes actually highlight the underlying strength of AusCham. And of course, the administration which is charged with the responsibility of implementation, remains unchanged.

As I have mentioned, I will remain as President for the next two months as our National Business Chamber continues to deliver its calendar of significant events that include real estate symposiums and “Fireside Chats” in both Hanoi and HCMC.

Thank you again to Chris Vella and Chris Butler. Welcome to Stephanie Ralainarivo, Khoa Pham and Chau Ta. And thank you to AusCham’s members for your continued support and understanding.

I look forward to meeting you all over the next two months at AusCham’s various events and functions.

Yours sincerely,

 

Tareq Muhmood

AusCham President

 

[Ed’s note. Tareq works with ANZ Vietnam, a Platinum Sponsor of AusCham.]