ANNUAL REPORT
We would like to thank our Patron Members for their constant support throughout the year
List on 30 June 2019
ANNUAL REPORT 2018 - 2019
A word from the President and Executive Director
2
Our values
4
Key numbers
6
Snapshot of the year
8
Our partners
10
Our Council
12
Our Executive Committee
14
Building a strong business community
16
Membership – Committees – Events – Communication
17
Partnering for all your business needs
32
Business Services – Business Centre
33
– Recruitment & Training
Financial Report
44
French Chamber Foundation
48
Appendix
50
1
Sophie Leconte Executive Director
Rebecca Silli President
2
ANNUAL REPORT 2018 - 2019
“We continue to put our members in the best position to network, grow, and gain insight.” The past year has been another exciting period for the French Chamber in Hong Kong. From a full calendar of standout events to an ever-evolving business services offering, there has been no shortage of highlights. On an internal level, the process of clearly defining our values is a step we feel is firmly in line with the Chamber’s standing as a prominent actor in Hong Kong’s business community. Underpinning this standing is the strong relationships we have built with local organisations and institutions – a theme that has been further developed this year and which is an important part of our offer. But it is also the input of our members that allows us to thrive. On behalf of the entire French Chamber team, we would like to thank you – our members – for your continued support and engagement.
3
Our values The French Chamber in Hong Kong has always been grounded in firm values. We’re driven by a strong belief that the way we work is just as important as the work itself. After reecting internally throughout the year and over three decades of living and breathing these values, we decided it was time to put them on paper.
4
ANNUAL REPORT 2018 - 2019
Reliable We deliver as a TRUSTED PARTNER
Caring We value TEAM SPIRIT and a customer-centric approach
Doer
We push the BOUNDARIES in our work
Committed We bring THE BEST SERVICE to our members and clients
Key numbers from the French Chamber’s year The French Chamber’s diverse activity helps to make it one of the most prominent chambers in Asia. These are the numbers that define another stellar year.
6
ANNUAL REPORT 2018 - 2019
A DYNAMIC CHAMBER WITH 30+ YEARS OF HISTORY
5 th largest French Chamber in the world 933 members 30 dedicated staff 13,000 followers on social media
A ONE-STOP SHOP FOR BUSINESS TO GROW
69 candidates placed 54 companies supported 163 companies domiciliated 41 Business Centre tenant companies
HIGH-LEVEL BUSINESS INSIGHT THROUGHOUT THE YEAR
3,200 participants in our events 22 committees and clubs 25,000 readers of our HongKongEcho magazine
2018 JULY-AUGUST
SNAPSHOT
OF THE
YEAR
LAUNCHING OF THE WEBSITE
SEPTEMBER
Transition from a once-a-year guide to a fully digital and everevolving platform featuring the best in French art de vivre in Hong Kong.
Kicking off the business year together with members, councillors and new arrivals under a ‘green’ theme.
ANNUAL DINNER 2018
OCTOBER
NOVEMBER OCTOBER
1ST TRAINING OF OUR YEAR-LONG PROGRAMME
BOURGOGNE-FRANCHECOMTÉ AT WINE & DINE The Chamber was engaged to spread the word about this iconic region and organise its booth for the Hong Kong Wine & Dine festival.
NOVEMBER
LUXURY SYMPOSIUM WITH A NEW AWARD PARTNERSHIP Now in its 3rd edition, bringing together some of luxury’s biggest names and awarding the inaugural Best Retail Experience Award in partnership with Retail in Asia.
DECEMBER
100+ PARTICIPANTS
CEDRIC VILLANI IN TOWN
NOVEMBER
TEAM FRANCE EXPORT PARTNERSHIP The Chamber became the official and exclusive partner of Business France.
TWO-YEAR ANNIVERSARY OF BUSINESS CENTRE EXPANSION
A full house to hear the renowned mathematician share his findings from an extensive study on how France can seize opportunities in artificial intelligence.
2019 JANUARY
20 20
STARTUPS CORPORATES
CHIEF FINANCIAL OFFICER CLUB SPEED MATCHING A lunchtime transformed into a whirlwind pitching session between startups and corporates on the topic of digital finance transformation.
FEBURARY
TAILORED EXPLORATORY MISSION IN SHENZHEN
FEBURARY
Part of the Business Services team’s growing offer of crossborder missions to discover the opportunities in the Greater Bay Area.
A full-day fair connecting 200 local students with 13 major French companies to discover career opportunities those companies can offer.
BONJOUR TALENTS 3RD EDITION
MARCH
MARCH
HeForShe 3RD EDITION
MADE IN ASIA 9TH EDITION
WISE CITY COMMITTEE WELCOMES OUR HONG KONG FOUNDATION
A conference and cocktail to celebrate International Women’s Day 2019 and spread the word of gender equality.
The Chamber’s signature sourcing symposium continues to be a must-attend for industry professionals in Hong Kong.
Constructive dialogue with the recognised public policy organisation on the topic of the Greater Bay Area.
MARCH
APRIL
SO FRENCH SO INNOVATIVE HITS NEW HEIGHTS A pavilion to showcase the best in French innovation in Hong Kong, held for the first time in HKTDC’s International ICT Expo featuring 33 companies and startups.
MAY
PRESS CONFERENCE ORGANISED FOR SIAL CHINA Attracting major players from the Food & Beverage industry for our client SIAL China before the Shanghai exhibition.
MAY
GALA DINNER The Chamber’s most prestigious event which welcomes 600 VIP guests to celebrate the strong connections between the French, international and local business communities in Hong Kong.
A local engagement The French Chamber enjoys strong relationships with a number of important local partners. Constructive and regular dialogue with the HKSAR Government ensures that the Chamber remains an important actor in Hong Kong’s business ecosystem. The Chamber voices its opinions on Government policies and initiatives which concern its members through the Policy & Consultation Committee while also regularly welcoming Government officials to talk at events and committee meetings. Collaboration with bodies such as Invest Hong Kong, Hong Kong Exchanges and Clearing Limited, Hong Kong General Chamber of Commerce and Intercham on events and networking also help to strengthen the ties between our business communities. The Chamber likewise has close relationships with the various French institutions in Hong Kong including the Consulate General of France in Hong Kong and Macau, and Business France, to ensure full representation of the city’s French community which is today one of the most prominent in Asia.
10
ANNUAL REPORT 2018 - 2019
A regional platform Over 20 establishments make up the network of French Chambers in the Asia region. This makes the Chamber a prime access point and a launch-pad for expansion across the region. The Chamber communicates closely with this network, meeting its counterparts throughout the year to explore avenues for mutual collaboration and referring members who are looking to enter other markets. French Chamber members are also able to benefit from hot-desk access in the various business centres across the regional network while on overseas business trips.
11
Our Councillors The French Chamber is governed by 40 councillors, elected by the Chamber’s members during the Annual General Meeting. They represent a broad crosssection of French, local and international business actors from entrepreneurs to executives at large MNCs. Councillors work closely with the Executive Committee and monitor the Chamber’s activity as well as approve long-term strategies, business plans and the annual budget.
12
ANNUAL REPORT 2018 - 2019 Stanislas BOCQUET PALO IT Jacques BOISSIER CLASSIC FINE FOODS (HONG KONG) LTD Julie BOURGEOIS PENINSULA MERCHANDISING LIMITED Gilles CARDONNEL HOWSE WILLIAMS BOWERS Paul CLERC-RENAUD FARGO GROUP Jean-Baptiste DABADIE ASIAPACK LTD Guillaume DANECKI GUERBET ASIA PACIFIC LTD Christophe DEGOIX TAL APPAREL LIMITED Anne-Laure DESCOURS PUMA SE Armen EKMEKDJE EKKO (HK) LTD Emmanuel FARCIS Thomas FELD Alain GALLOIS NATIXIS Matthieu GAONACH CLASQUIN (FAR EAST) LTD Hans-Günther HERRMANN Frantz HOTTON PERNOD RICARD ASIA Charlotte JUDET KERING Yvon LE RENARD CLEVER AGE ASIA Jean-Remi LOPEZ Francois MARTIN CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK Laure MATHIEU EQUIOM Nicolas MORINEAUX LVMH - FASHION GROUP ASIA PACIFIC Luc MOULIN Thierry NEVEUX MOULIN ROTY ASIA PACIFIC Rerina OR SCHNEIDER ELECTRIC Emmanuel PITSILIS Sebastien PORTES CLUB MEDITERRANEE (CLUB MED) HONG KONG LTD Marie-Hélène PREVOT TRIBE 22 RETAIL CONSULTANCY AND SOLUTIONS Christine RAYNAUD Pierre-Eric SAINT-ANDRE DRAGAGES HONG KONG LIMITED Gilles-Alexandre SALANSY MAZARS Romain SEVENO THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED Rebecca SILLI TIANG & PARTNERS Nicolas VANDERCHMITT LPA-CGR AVOCATS Céline VIDAL PATRIMOLINK Vincent VILLEPELET LVMH ASIA PACIFIC LTD Herman WAN AIR FRANCE Paul YANG BNP PARIBAS Eva YU L’OREAL HONG KONG LTD
13
Our Executive Committee The Executive Committee plays a key role in driving the vision and strategy of the Chamber under the guidance of the Council, and in close co-operation with the Chamber’s Executive Director and permanent staff. Each of its members must already be elected as a Councillor before being nominated to the Executive Committee by the President.
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ANNUAL REPORT 2018 - 2019
EXECUTIVE MEMBERS
PRESIDENT Rebecca SILLI TIANG & PARTNERS
GENERAL SECRETARY Nicolas VANDERCHMITT LPA-CGR AVOCATS
VICE-PRESIDENT Charlotte JUDET KERING
VICE-PRESIDENT Pierre-Eric SAINT-ANDRE DRAGAGES HONG KONG LIMITED
TREASURER Vincent VILLEPELET LVMH ASIA PACIFIC LTD
Emmanuel PITSILIS
Jean-Baptiste DABADIE ASIAPACK LTD.
Julie BOURGEOIS PENINSULA MERCHANDISING LIMITED
Luc MOULIN
Paul YANG BNP PARIBAS
Stanislas BOCQUET PALO IT
Thierry NEVEUX MOULIN ROTY ASIA PACIFIC
HONORARY PRESIDENTS Nicolas BORIT
Xavier JACQUEMAIN
Richard BURTON
Bertrand MICHAUD
Paul CLERC-RENAUD
Gérard MILLET
15
Building a strong business community At the core of the Chamber’s offer is our extensive business community. We connect all range of actors from entrepreneurs and multinationals, creating avenues to exchange and increasing members’ proximity to the local business community.
16
ANNUAL REPORT 2018 - 2019
Membership Committees Events Communication
RELATIONSHIP
Membership Connecting you to the French Chamber community and beyond
Caroline Fouques Jourdain
Head of Membership and Committees
Samantha Romillon
Membership Executive and French Guide Editor
MISSION As the priority point of contact for all members, the Membership team presents the Chamber’s services and proposes tailor-made solutions to members to increase their visibility and widen their networks. A personalised and targeted service to open members up to the wider French Chamber community is ensured by forging close connections with all members.
18
ANNUAL REPORT 2018 - 2019
membership categories
44%
933
20% 18%
Patron
10% Corporate Entrepreneur Individual
1 3
7%
members
Young Professionnal
300
1/3 non-French speakers
new members
GOOD TO KNOW
FOCUS 2018-2019 Membership base maintained at strong levels amidst increasing external competition Higher number of additional members under Patron Member packages Strengthened offer for the Members Privileges Programme to allow members access to greater discounts and offers
The Members Privileges Programme continues to bring members a wide range of discounts and special offers all throughout the year from fine dining to travel benefits. Members are also able to share their company’s offers as part of the programme, which are posted on the Chamber’s high-performing website and HongKongEcho magazine.
19
Marie-Laurence Mouren Committees Manager
Kiki Lau
Design Manager
Photo by Ike Li / Ike Images
Caring “In three words: Respect, attentiveness, and understanding. That can be as simple as responding to your request on time to make sure you meet a deadline.” Marie-Laurence “It’s all about communication. Caring means listening to your teammates, being open to different opinions and feeling free to exchange ideas.” Kiki
NETWORK
Committees Driving a rich programme of insights throughout the year
Caroline Fouques Jourdain
Head of Membership and Committees
MISSION The Committees team helps members who have similar business interests or who work within the same industry to share information, exchange ideas and develop common actions to their benefit.
Marie-Laurence Mouren
As the backbone of the Chamber with two-thirds of members involved, the team orchestrates a packed year-round calendar of meetings and events.
Suzan Isci
By finding and recommending relevant speakers or discussion topics for each committee and relaying targeted news items, the Committees team ensures members are able to stay constantly ahead of the game.
Committees Manager
Committees Executive
22
ANNUAL REPORT 2018 - 2019
22
134
committees and clubs
67 %
of members involved in a committee
7
committee meetings
new businesses advised by the Business Advisors Group
A CLOSER LOOK
FOCUS 2018-2019 Continued close dialogue with government representatives through talks with members at a range of committees Merging of the Infrastructure and Green Business Committees to form the Wise City Committee 9th edition of Made in Asia sourcing symposium welcoming 200+ participants under the guidance of the Sourcing Committee
Open Innovation is a hot topic for many industries today. With this in mind, the Chamber’s Chief Financial Officer Club initiated a whirlwind speed-matching session to bring together both startups and large multinationals on 28 January. A packed house of 100 people made for a busy lunchtime of pitching and feedback between major corporates and startups with a focus on digital transformation in finance.
See the list of committees 2018-2019
23
Hakim Slaim
Head of Finance, Administration and Business Centre
Laury Pace Events Manager
Photo by Ike Li / Ike Images
Doer “Being a doer is to take the right decisions at the right times and not being afraid to adapt when you’re under pressure.” Laury
“We have to be constantly precise and determined in order to make the ideal choice for the company. Hard work goes a long way.” Hakim
INSIGHTS
Events Creating high quality events with inspiring speakers
Chantal Iturria
Head of Events and Communication
Elvire Girault
MISSION The events team produces a showcase of stellar events and a platform for members and the wider business community to learn, connect and share. With a strong business focus, the team hosts morning talks, seminars, networking cocktails and large-scale symposiums.
Events Manager
Laury Pace
Throughout the year, the Chamber also co-hosts events in collaboration with other chambers or organisations to ensure greater connection with different business communities.
Events Manager
Agnes Tang
Events Manager
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ANNUAL REPORT 2018 - 2019
3,200+
more than 1 event per week
participants
70
20
high level speakers to share insights and expertise
joint events with local institutions and partners
STRENGTH TO STRENGTH
FOCUS 2018-2019 More partnerships to hold events outside the Chamber and welcome ‘VIP’ guests or a wider audience for certain hot topics Talks all throughout the year to get insights on business opportunities in China A highly successful Gala Dinner with record fundraising and increased coverage in local press
From smart cities to smart living – So French So Innovative 2019 was arguably its most ambitious incarnation yet. Held for the first time at the HKTDC International ICT Expo from 1316 April, the pavilion featured 33 companies and startups during four days of interactive talks, demonstrations and exhibition. The Chamber joined forces with The French Foreign Trade Advisors, The French Consulate General of France in Hong Kong and Macau, and Business France to organise the pavilion.
27
EVENTS
OF THE
YEAR
A packed house for Made in Asia’s 9th edition
PARTNER
INITIATIVES
FRENCH LEADERSHIP
The best of French innovation at So French So Innovative
MORNING
TALKS
SHARING
Back to work insight on the Belt and Road Initiative
SESSIONS
SIGNATURE
SYMPOSIUMS
LARGE
EVENING
COCKTAILS NETWORKING
SCALE EVENTS Young Professional cocktail at The Murray
GALA
DINNER
LOCAL ENGAGEMENT
A prestigious night of celebration at the Gala Dinner
TALENT
FAIR
CAREER Renowned mathematician Cédric Villani
OPPORTUNITY
Connection between local students and French companies at Bonjour Talents
ENGAGEMENT
Communication Providing visibility and targeted high-level insights
Chantal Iturria
Head of Events and Communication
Kieran Cash
Communications Manager
MISSION The Communications team shares members’ latest achievements through the Chamber’s website and FlashInfo newsletter, while delivering news, insight and updates through dedicated social media channels. In its signature publication, HongKongEcho, the team showcases the expertise and achievements of its members, as well as bringing high-level opinions from business leaders, experts and other prominent voices.
Kiki Lau
Design Manager
30
ANNUAL REPORT 2018 - 2019
+30%
17,000+ unique website visitors per month
increase in social media followers
110+
7,000+
member’s blog posts per year
contacts for our FlashInfo newsletter
WHAT’S NEW
FOCUS 2018-2019 Patron Members featured on our social media channels to highlight standout corporate news Switch to fully-digital platforms for both the members directory and the French Shopping and Dining Guide Increased advertising revenue across HongKongEcho magazine, website and newsletters
For the first time, we made the shift to a fully-digital members directory to ensure the most up-to-date information about our members is available allyear-round. As one of our most visited pages on our high-performing website, it is the essential portal for discovering our diverse membership base and offers members an ideal avenue for visibility.
31
Discover our online directory today!
Partnering for all your business needs From newly arrived SMEs and entrepreneurs to established international firms, we offer a wide range of services to allow your business to prospect the market, set up, and expand in Hong Kong efficiently and with ease.
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ANNUAL REPORT 2018 - 2019
Business Services Business Centre Recruitment & Training
OPPORTUNITIES
Business Services Delivering a true one-stop shop solution for French companies to develop business in Hong Kong
Chloe Dommergue
Head of Business Services
Sabrina Chien
Business Services Manager
Valentin Moriceau
Business Services Consultant
MISSION For companies exploring Hong Kong’s market for the first time or established players looking to grow their business, the Business Services team offers tailored services to suit diverse needs. The team delivers business matching missions, market studies and tailored events to put its clients in the best position to develop their activity in Hong Kong. With a fully-integrated offer, the team enables businesses to launch their activity in Hong Kong with company setup, bank account openings, company secretary services and domiciliation services. Through its visa and translation services the team takes the hassle out of otherwise complex procedures for SMEs and individuals alike.
Laifally Chan
Business Services Administrative Assistant
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ANNUAL REPORT 2018 - 2019
54
100%
companies supported
visa application success rate
163
3
companies domiciliated at the Chamber
trade fairs supported
STRENGTH TO STRENGTH
FOCUS 2018-2019 Successful tender with Business France to become its exclusive mission partner in Hong Kong under the new ‘Team France Export’ banner Internal roll out of more stringent Know Your Customer (KYC) procedures regarding anti money laundering and customer due diligence New mission implemented allowing a visiting French business school to discover Hong Kong and the Greater Bay Area’s economy and market trends
Shenzhen: China’s answer to Silicon Valley. Making sense of this metropolis is no easy task. On 27 February, the French Chamber helped its client does just that. As part of a one-and-a-half day tailored mission, Hager Group was able to discover Shenzhen’s burgeoning innovation ecosystem. Targeted rendezvous’ including visits to accelerators, startups, maker and hacker spaces, coworking offices and business tech parks helped them better understand the intricacies of the business trends shaping Shenzhen and the wider region.
35
Janice Yan
Business Centre Senior Executive & Personal Assistant to the Executive Director
Lillian Lao
Recruitment and Training Consultant
Photo by Ike Li / Ike Images
Reliable “Companies and candidates place a lot of trust in us – reliability is right at the heart of what we do as a recruitment agency.” Lillian
“Building lasting relationships with our tenants is about delivering the best service every day.” Janice
FLEXIBLE
Business Centre Welcoming a diverse community of tenants in the heart of Central
Hakim Slaim
Head of Finance, Administration and Business Centre
Janice Yan
Business Centre Senior Executive & Personal Assistant to the Executive Director
MISSION The Business Centre team provides adaptable workspace solutions for a community of international entrepreneurs and companies in the Chamber’s Business Centre. Offering a tailored service, the team ensures the needs of the 40-plus companies housed in the Business Centre are adequately met for everything from meeting room booking and package reception to providing a link with the Chamber’s extensive business services. The team also animates regular networking opportunities for tenants and new arrivals to discover the Business Centre’s diverse community.
38
ANNUAL REPORT 2018 - 2019
104
92%
work desks
average occupancy rate
41
24
company tenants
external meeting room bookings
A CLOSER LOOK
FOCUS 2018-2019 High occupancy rate above 90% maintained throughout the year despite increasing co-working options on the market Retention of long-standing tenants as recognition of the Business Centre’s stability Celebration of the two-year anniversary of the Business Centre’s expansion
The Business Centre has come a long way. This year it celebrated the two-year anniversary of its expansion to the current capacity across three floors in Central. Today it’s home to over 40 companies from a range of sectors, making it a true meeting point for entrepreneurs, SMEs or even corporates looking for a footprint in Hong Kong and Asia. With adaptable meeting room spaces available for booking by external clients, it also offers an ideal location to host corporate seminars, board meetings, press conferences, and more.
39
Isaac Poon IT Manager
Anthony Shom Accountant
Photo by Ike Li / Ike Images
Samantha Romillon Membership Executive and French Guide Editor
“There are always challenges. Commitment is what creates the momentum of motivation for success.” Anthony “It’s the energy that drives you to succeed and to achieve your goals with determination and enthusiasm.” Isaac “We’re always striving to find solutions and deliver the best service to our members. Commitment is the first step to making this possible.” Samantha
UNDERSTANDING
Recruitment & Training Matching your business with the right candidates and building skills for the workplace
MISSION Serving members and non-members alike, the Recruitment team finds the right talents for SMEs and large corporations in Hong Kong. Maude Piegay
Head of Recruitment and Training
Lillian Lao
As a placement and consultant agency, the team scours the market for the best local and international staff from entry to senior levels to help companies with all their recruitment needs.
Recruitment and Training Consultant
Leslie Marquis
Recruitment and Training Consultant
The team also welcomes newcomers looking for employment in Hong Kong through a monthly advice session and organises targeted trainings for individuals who want to hone their skills for the modern workplace.
42
ANNUAL REPORT 2018 - 2019
69 placements
1 3
54%
of candidates hired were international profiles
5
1/3 of clients are SMEs
trainings
WHAT’S NEW
FOCUS 2018-2019 Training sessions changed to full-day format instead of halfday with a strong focus on digital marketing New job boards and platforms explored to expand reach across Hong Kong Continued participation in job fairs in Hong Kong hosted by universities and other associations
Always looking to expand its training platform, the team introduced a new training specifically targeting job seekers called ‘Strategic business networking in Hong Kong’. Focusing on improving networking skills and personal branding, the training helped to equip participants with the right tools to accelerate their job search. Following a strong turnout of attendees, the team will continue to develop and adapt this training in the year ahead.
43
Financial Report The financial statements of 1 July 2018 – 30 June 2019 have been audited by Baker Tilly Hong Kong.
44
ANNUAL REPORT 2018 - 2019
The environment remained challenging for the French Chamber in Hong Kong during the year ending 30 June 2019. The Business Services activity faced a number of external challenges such as tighter bank regulations and lacklustre economic conditions in France, making it more challenging for French companies to set up businesses in Hong Kong. Moreover, this explains that mission revenues have significantly decreased. However, preparations have been made by the Chamber in recent years by developing and diversifying its range of services, and by expanding its Business Centre to diversify its sources of revenue. Once again, a large number of events were organised throughout the year, some of which have become larger, more prestigious and recurrent as signature events. These large-scale events are profitable and contribute to building the Chamber’s reputation as a key player in Hong Kong’s business community Quality services continue to be provided to members especially through committee meetings and high-level insights, which contributes greatly to the fidelity of members. The balanced business model and the diversity of the Chamber’s offer between its Business Services department and its Members Services department mitigates the risk of a more pronounced economic downturn in the coming year. Such a balance has also contributed to the Chamber posting positive income after tax for the 10th consecutive year.
45
BREAKDOWN OF INCOME
BREAKDOWN OF INDIRECT EXPENDITURES
46
ANNUAL REPORT 2018 - 2019
AUDITED BALANCE SHEET HKD, (000) FY18 FY19 INCOME 27,726 27,711 - of which: membership fees 5,395 5,362 19.5% 19.3% DIRECT COSTS & EXPENSES 27,490 27,606 - of which: Direct Costs 10,959 11,431 - of which: Global Expenditures 16,531 16,175 Profit/(Loss) before tax 236 104 Tax 118 44 PROFIT/(LOSS) 118 61 Accumulated surplus 11,521 11,582
47
French Chamber Foundation The French Chamber Foundation was established in 2015 as a subsidiary of the French Chamber and is registered in Hong Kong as a charity. Under its new banner ‘Make it Work by the French Chamber Foundation’, it operates four Centres across Hong Kong to help low-income workers improve their livelihoods. The Centres provide skills training, job matching services or career assistance, affordable meals, as well as a valuable sense of community for all beneficiaries. The Foundation is governed by a separate Board of Directors, and solely relies on donations from corporates and individuals, including the funds raised during the French Chamber Gala Dinner, to fund its operations. Find out more about Make it Work by the French Chamber Foundation at: makeitwork.hk
OPERATION TEAM
48
2
management officers
6
professionals
+
4
4
program officers
centres
volunteers
THE FOUNDATION IN NUMBERS There’s more to the Foundation than providing affordable meals to low-income workers. The Foundation aims to improve the living situation of these workers through a multifaceted approach which also includes skills training and job matching. These are the numbers making a true difference to low-income workers across Hong Kong.
HK$1.7 million raised at this year’s Gala Dinner
800 90
disadvantaged persons received individual counselling
+35%
average income increase from new job placement
44,077
job skills training and information sessions conducted
meals served
49
Appendix Discover the activities and key events of the Chamber’s 22 committees and clubs List on 30 June 2019
50
Business Advisors Group Club
CO-PRESIDENTS
Damien DERNONCOURT NAGA BRANDS Emmanuel PITSILIS
The aim of the Business Advisors Group (BAG) Club is to provide networking, advice and coaching to startups or companies undertaking new developments. The main idea is to bring help with an altruistic approach. There is a clear difference and separation between the counselling aspect of the BAG (which is linked to the Chamber), and the financial relations / input of its members which are not related to the Chamber itself.
CLUB MEETINGS / EVENTS: Date
Topic
31 Aug 2018
Tralala Company, Fabien FONTAINE
14 Sept 2018
Brainsfeed Limited, Vasinis AURELIEN
26 Oct 2018
Prceptiv Company, Alex CAUSSEL, Fairoz NOOR, Peter LAU
16 Nov 2018
Quokka Reward Limited, Herbert SIU and Marina KWOK
30 Nov 2018
Past candidates meeting
11 Jan 2019
Giftoo, Sonia PELOUX
17 Apr 2019
ESTHECLINIC, Solene VERROT and Leo LATIL
26 Jun 2019
Emage Plus - Adrien DE LAVENERE-LUSSAN and Harold DE PUYMORIN
51
Chief Financial Officer Club The Chief Financial Officer (CFO) Club’s aim is to provide an opportunity for CFOs to exchange freely on common topics and get access to information that is most relevant to their daily functions. This Club is only open to members who hold a CFO position in their organisation.
PRESIDENT AND VICE-PRESIDENT
Nicolas MORINEAUX LVMH – FASHION GROUP ASIA PACIFIC
Luc SEYER
FENDI ASIA PACIFIC
CLUB MEETINGS / EVENTS: Date
Topic
10 Jul 2018
Brainstorming on the Programme
24 Sept 2018
Specificities of the financial management of a non-profit organisation Arnaud LELEUX, Deputy Executive Director, The French International School of Hong Kong
12 Nov 2018
Digital finance transformation Vincent KASBI, Partner and Head of Asia, Sia Partners Vladimir LE CHATELIER, Senior Consultant - CFO Advisory, Sia Partners
10 Dec 2018
Bluebell presentation Pierre BUET, CFO, Bluebell EY pitch – Hong Kong’s new transfer price policy: what should I do to ensure my company is compliant?
28 Jan 2019
(EVENT) Match-making Open to: 1) CFOs looking for partners to digitalise / optimise finance processes 2) Companies or startups offering solutions
11 Mar 2019
CFO for environment services and construction industries Benjamin PETIT, Finance Director, Veolia Debrief on CFO match making event Vladimir LE CHATELIER, Senior Consultant - CFO Advisory, Sia Partners
14 May 2019
Cybersecurity Dmitri HUBBARD, Law Society of Hong Kong Invest Hong Kong pitch Stephen PHILLIPS, Director General of Investment Promotion at Invest Hong Kong KC LAM, Head of Aftercare, Invest Hong Kong
24 Jun 2019
Mondobrain joined club meetings with CFO, Digital and FinTech – Augustin HURET
9 Jul 2019
CFO lunch 52
China Committee The China Committee is a forum where members can exchange information and experience about the rapidly-changing Chinese business environment. Local and foreign guest speakers are often invited to present practical advice or research findings on issues and events relevant to doing business in China.
PRESIDENT AND VICE-PRESIDENT
Alain LE COUEDIC ROLAND BERGER
Paul CLERC-RENAUD FARGO GROUP
CLUB MEETINGS / EVENTS: Date
Topic
3 Sept 2018
The US - China trade war Alicia GARCIA-HERRERO, Chief Economist for Asia Pacific, Natixis
26 Nov 2018
Foreign Investment in China in the time of the Trade War Hans-Gunther HERRMANN, Counsel, Paul, Weiss, Rifkind, Wharton & Garrison
18 Jan 2019
Xi Jinping and the future of reforms in China Prof. Jean-Pierre CABESTAN, Head and Professor in Political Science, Department of Government and International Studies, Hong Kong Baptist University
4 Mar 2019
Coface’s country and sector risk assessment Carlos CASANOVA, Economist, Asia Pacific, Coface
6 May 2019
Belt & Road Initiative Andrew K.P. LEUNG, SBS, FRSA International and Independent China Strategist - Chairman and CEO, Andrew Leung International Consultants and Investments Limited
53
Corporate Sustainability Committee
PRESIDENT AND VICE-PRESIDENT
Sebastien PIVET Catherine CHIU CRYSTAL GROUP
The Corporate Sustainability Committee focuses on corporate sustainability, not philanthropy. Its members look to concentrate on business, measure the impact of sustainability on business, get concrete ideas, and are interested in hearing from practitioners. It may also launch lobbying actions.
CLUB MEETINGS / EVENTS: Date
Topic
8 Oct 2018
Blue is the new green – Sustainability in the shipping sector Ludovic ROZAN, Vice President Asia Commercial Marketing, CMA CGM Group
18 Feb 2019
The Future of the Workplace – JLL Mark CAMERON, Sustainability Director, Jones Lang LaSalle
8 Apr 2019
Drink without waste: Strategies and actions Edwin LAU, Executive Director of The Green Earth; Spokesperson, Single-Use Beverage Packaging Working Group Sophie LE CLUE, Director of Environmental Programme, ADM Capital Foundation Cosmo LO, Project Manager, Designing Hong Kong; Secretariat, Single-Use Beverage Packaging Working Group
10 Jun 2019
CLP’s sustainability initiatives Hendrik ROSENTHAL, Director, Group Sustainability, CLP Power Hong Kong Limited
54
Digital Innovation Committee / Club The objectives of the Digital Innovation Committee / Club are to share the best market practices and latest market insights on digital and innovation, to educate established corporations on e-transformation processes and startups on the lifecycle of technology.
PRESIDENT AND VICE-PRESIDENT
Yvon LE RENARD CLEVER AGE ASIA
Jeremie LECLERC
SAGIT SOLUTIONS LIMITED
CLUB MEETINGS / EVENTS: Date
Topic
13 Sept 2018
(COMMITTEE) Innovation and digitalisation in TIC industry Boris LALYMAN, President of Global Inspection, Consumer and Retail, SGS Hong Kong Ltd
18 Oct 2018
(CLUB) How to make sense of my data Olive LIU, General Manager of Product Planning in TSL Jewellery PRC
15 Nov 2018
(EVENT) The chatbot
6 Dec 2018
(COMMITTEE) Programmatic advertising – The management of automated advertising Marlene VICAIRE, Founder & Director, T-Shape Consulting
10 Jan 2019
(CLUB) Blockchain in trade finance and its implication on AI Jeffrey NG, Head of Data Lab, Chief Data Office APAC, BNP Paribas
28 Feb 2019
(EVENT) The customer’s data
9 May 2019
(COMMITTEE) Gamification - Make engagement fun again Julien PEYRACHE, Export Director, XD Production
20 Jun 2019
(EVENT) E-supply chain + blockchain and the product aggregators + machine learning
55
Entrepreneur Committee / SME Club The Entrepreneur Committee / SME Club remains the key place for Small and Medium Enterprises to meet and network. It particularly caters to the needs of small companies and OPCs. It believes that diversity creates dynamism and that experience-sharing benefits each and every entrepreneur. In that respect, it organises seminars and exchange sessions specifically targeted to members’ needs.
PRESIDENT AND VICE-PRESIDENT
Céline VIDAL PATRIMOLINK
Anne DE ROULHAC HAWKSFORD
CLUB MEETINGS / EVENTS: Date
Topic
12 Sept 2018
(ALL) Welcome back cocktail
10 Oct 2018
(ALL) Doing business in Macau & South China when based in Hong Kong Benjamin COX, Co-Founder, The Artist Craft Brewer Vivian DESMONTS, Attorney at Law, DS Avocats Gonçalo NEVES LESTRO, Lawyer / International Senior Associate, CRA Group
7 Nov 2018
(COMMITTEE) Social Media for entrepreneurs and SMEs: Minimum cost with maximum impact Jacopo PESAVENTO, Founder, Branding Records, with Gabriel ZANONI Diego DULTZIN LACOSTE, Co-Founder, OnTheList
12 Dec 2018
(CLUB) The Usage of social media Cassandre DAIGRE, General Manager at Wild at Heart Bettina DING, Market Researcher and Consultant, Cherry Blossoms Agency, Hong Kong
16 Jan 2019
(ALL) HR: Maximise engagement to retain performances Eric DELTOUR, Director, French Business Advisory leader, Mercer Mark BERGT / Agnes ANGEVIN, Cresco Stanislas BOCQUET, Founder & CEO, Palo IT
20 Feb 2019
(COMMITTEE) Financing for Entrepreneurs: Find your first investors David BAVEREZ, Private Investor & Writer Baptiste GUEDEZ, Co-Founder, Auteur
20 Mar 2019
(CLUB) Financing for SMEs: Exit & sales strategies Jean Baptiste DABABIE, Founder & MD APAC, Asiapack Hugues DE SAINT SEINE, Partner, CIGP Group, Hong Kong Stephano PASSARELLO, Founder, P&P
15 May 2019
(ALL) Subcontract or not subcontract: Why and how? Gilles CARDONNEL, Partner, Howse Williams Bowers Pieter Paul WITTGEN, CEO & Co-Founder, Olasso
24 May 2019 (joined by Digital Innovation Committee)
Blockchains - Latest trends in Asia Padraig WALSH, Partner, Tanner De Witt Pierre LUBIN, Co-Founder, Granada Alessio QUAGLINI, Managing Partner, Hex Stefano PASSARELLO, Managing Director, Hawksford 56
FinTech Club
PRESIDENT AND VICE-PRESIDENT
The FinTech Club focuses on the impact of new technologies for banks. It gathers unit managers to help them have a vision of the impact of technology, and proposes a holistic approach by sharing presentations from both the banking industry and other large companies that are faced with the same revolution.
Charles GILLET BNP PARIBAS
Stephan LEVIEUX
THE HONG KONG AND SHANGHAI BANKING CORPORATION LIMITED
CLUB MEETINGS / EVENTS: Date
Topic
16 Oct 2018
Machine Learning (ML) / Natural Language Processing (NLP) Irad KUHNREICH, CEO, Sherlock Garden Ltd.
20 Nov 2018
Hang Seng Bank: Overview of its IT investment and digital initiatives Stéphan LEVIEUX, Head of Deposit, Payments & Cash Management Strategy, Hang Seng Bank Limited Jackey NG, IT Architect, Hang Seng Bank Limited
15 Jan 2019
AIA: The customer’s journey / experience / engagement Marie-Claire SLAMA, Associate Director, Digital Health - Group Digital Platforms and Innovation, AIA Group
19 Mar 2019
RPA and CIB Emile CUVE, Head of Operations for Asia & Middle East, Credit Agricole Corporate and Investment Bank Pierre LAFON, Regional COO for Global Markets Division APAC, Credit Agricole Corporate and Investment Bank
21 May 2019
Creation of virtual banks Guillaume HUET, Principal Consultant in Financial Services, Capco
57
Food and Beverage Club The goals of the Food and Beverage Club are to: exchange views on the market, give/receive advice, and create synergies between members. It focuses on the exchange of information and lobbying towards the Hong Kong government.
PRESIDENT AND VICE-PRESIDENTS
Alain DECESSE CLASSIFIED GROUP
Thibaut MATHIEU
CORNEY & BARROW HONG KONG LIMITED
Pierre STANGHELLINI HARI CRM
CLUB MEETINGS / EVENTS: Date
Topic
11 Sept 2018
The challenges of selling Italian wines in Hong Kong J.C. VIENS, Gourmand & Storyteller
9 Oct 2018
Restaurant 2.0: Digital evolution Pierre STANGHELLINI, COO & Founder, HARi CRM Jerome CARLIER, Managing Director, La Rotisserie
6 Nov 2018
Champagne wines in Hong Kong: trends and market Claudio DE VILLEMOR SALGADO, Vice President, Design Development Operations - Hotel Conversions, Asia Pacific, Marriott International Inc.
4 Dec 2018
Presentation of Lai Sun Group: Hotels and restaurants Danilo NICOLETTI, Chief Operating Officer, Lai Sun Group Pascal TING, Senior Vice President, Brand Strategy, Lai Sun Group
22 Jan 2019
(EVENT) The new F&B players in HK
19 Feb 2019
The F&B trends in Hong Kong James ASSERSOHN, Head of Retail, and Michelle Chiu, Head of F&B team, Jones Lang LaSalle Limited
12 Mar 2019
The views of a craft beer in Hong Kong Olivier GILSON, Co-Founder, The Artist Craft Brewer
9 Apr 2019
Hong Kong: How is HKTB promoting the HK culinary scene? Becky IP, Deputy Executive Director, Hong Kong Tourism Board
7 May 2019
Hospitality trends in Hong Kong Cecilia LO, Executive Assistant Manager, Sales and Marketing, Grand Hyatt
4 Jun 2019
The do’s and don’ts in digital communication Social Media, Search Engine Marketing, Content, Email Marketing and Influencers: the effective digital marketing strategies for Food & Beverage Businesses Cassandre DAIGRE, General Manager & ICO Marketing Manager, Wild At Heart Lug GIROUD, Co-Founder, Wild At Heart 58
Healthcare and Insurance Club
PRESIDENT AND VICE-PRESIDENT
Marie-Claire SLAMA Linda WILLS
OT&P HEALTHCARE
The Healthcare and Insurance Club is a restricted group that gathers only members from the healthcare and insurance sectors.
CLUB MEETINGS / EVENTS: Date
Topic
11 Oct 2018
Medical costs in Hong Kong and best services: How to guide clients Richard POINSON, Sales Manager, April International
6 Dec 2018
Wearables and health apps for insurance: Moving from promises to solutions Yannick EVEN, Head of InsurTech Solutions, Director, Asia Swiss Reinsurance Company Ltd, HK Branch
28 Feb 2019
Private Healthcare Facilities Ordinance Lily LEE, Principal Assistant Secretary (Health), Food and Health Bureau Dr Ada LIN, Senior Medical and Health Officer (Legislative Review), Department of Health
11 Apr 2019
Update on the Voluntary Health Insurance Scheme Derek LEE, Head (Voluntary Health Insurance Scheme), Food and Health Bureau Eliza CHAN, Chief Manager (Voluntary Health Insurance Scheme), Food and Health Bureau Danny CHOI, Manager (Voluntary Health Insurance Scheme), Food and Health Bureau
6 Jun 2019
The road to long term survival Dr Ada MA, Specialist Oncologist, OT&P Healthcare
59
Human Resources Club The Human Resources (HR) Club caters for members who wish to share about the same issues and look for solutions, with HR leaders at the centre of the group as well as some representatives of professions interested in HR topics.
PRESIDENT AND VICE-PRESIDENT
David CHEN SUEZ NWS
Qin SHENG
LVMH – FASHION GROUP ASIA PACIFIC
CLUB MEETINGS / EVENTS: Date
Topic
8 Oct 2018
Digitalisation and impact on talent in Greater China Christine RAYNAUD, CEO, Morgan Philips Group
19 Nov 2018
The HR transformation journey Eric DELTOUR, Regional Director of French Multinational Client Services, Mercer
14 Jan 2019
Gender balance David CHEN, HR Director, SUEZ NWS
25 Feb 2019
Make relocation a success: do not forget to invest on the trailing spouse Valerie HOTTON, Executive Coach & Trainer, Care Consulting Laura MITCHELSON, Managing Director China & North East Asia, ICUnet Intercultural Consulting (Shanghai) Co. Litd.
8 Apr 2019
The strategic workforce planning - How MNCs manage workforce locally to meet with the business needs Batson CHENG, HR Manager (Resourcing & Branding), Thales
20 May 2019
Millennials, beyond catchphrases and common assumptions, how can we better understand their expectations and translate them in the workplace Marie COURTOIS, Director - Career Management Centre Graduate Programmes - The Chinese University of Hong Kong (CUHK) Business School
17 Jun 2019
New ways to recruit and to engage talents – Agorize’s experience sharing Tristan DE CHANTERAC, Head of Partnerships, Agorize Asia
60
Legal Club
PRESIDENT AND VICE-PRESIDENTS
This Club is a restricted group that gathers only inhouse counsels and lawyers from legal firms. Experience sharing is encouraged to compare practices, and lawyers provide presentations to counsels on hot topics such as new laws in Hong Kong and the region.
Emmanuelle DE SAINT SEINE KIABI GROUP
Gilles CARDONNEL HOWSE WILLIAMS BOWERS
Marine VANHOUCKE
OLDHAM, LI & NIE, SOLICITORS
CLUB MEETINGS / EVENTS: Date
Topic
19 Sept 2018
The management of commercial contracts Gilles CARDONNEL, Partner, Howse Williams Bowers
29 Nov 2018
The exchange of information Martin RICHTER, Partner, International Tax Services – Transfer Pricing, Ernst & Young Domitille FRANCHON, Manager, Financial Services Tax, Ernst & Young
14 Mar 2019
Update on the Competition Ordinance Marcus POLLARD, Counsel, Competition & Antitrust, Linklaters Hong Kong
23 May 2019
Sapin II Jonathan MATTOUT, Partner, Avocat au Barreau de Paris, Herbert Smith Freehills Paris LLP
61
Logistics and Supply Chain Club
PRESIDENT
Matthieu GAONACH CLASQUIN (FAR EAST) LTD
This Club gathers members in charge of supply chain and from logistics companies. Its programme includes local distribution, e-commerce, taxes (duty-free/dutypaid cross-border exchange) and ASEAN agreements.
CLUB MEETINGS / EVENTS: Date
Topic
18 Oct 2018
Greater Bay Area Shirley WONG, Head of Transportation, KPMG Anson BAILEY, Head of Technology, HK, Head of Consumer & Retail, ASPAC, KPMG
15 Jan 2019
Update on warehouse markets Samuel LAI, Senior Director, Advisory & Transaction Services – Industrial & Logistics Services, CBRE
62
Luxury and Retail Committee / Luxury Club The Luxury and Retail Committee / Luxury Club’s goal is to provide members, particularly managers and businesspeople working within the luxury and retail sectors, with the most extensive knowledge possible on the day-to-day challenges facing these industries in Hong Kong and Asia. It also strives to strengthen the ability of members to face such problems head on and to succeed in an increasingly-competitive environment.
PRESIDENT AND VICE-PRESIDENT
Alain LI
RICHEMONT ASIA PACIFIC LIMITED
Damien VERNET
LVMH – FASHION GROUP ASIA PACIFIC
CLUB MEETINGS / EVENTS: Date
Topic
5 Nov 2018
(EVENT) Luxury Symposium
30 Nov 2018
(CLUB) Views of a private equity on the sector, investors perspective on luxury companies John HO, Founder and Chief Industrialist Investor, Janchor Partners
13 Dec 2018
(COMMITTEE) Digital marketing and technology landscape Manuela BUERKI, Director of Marketing, IMS Integrated Management Systems Hong Kong Limited
21 Jan 2019
(CLUB) The Asian luxury traveller – What does this demographic mean to your brand? Amrita BANTA, Managing Director, Agility Research & Strategy
21 Feb 2019
(COMMITTEE) Luxury e-commerce in China: Consumer insights: Understanding Chinese luxury online shoppers Pascal MARTIN, Partner, OC&C Strategy Consultants
63
Sourcing Club
PRESIDENT AND VICE-PRESIDENT
The objectives of the Sourcing Club are to create a platform for discussion and for sharing information and experiences relevant to sourcing across all industries. While working towards the above objectives, the club acknowledges the high proportion of regional sourcing companies based in Hong Kong and accepts the significance of the PRC in this industry.
Thomas AUDOLY KINGFISHER SOURCING ORGANISATION
Alexis MAUDELONDE
METRO SOURCING INTERNATIONAL
CLUB MEETINGS / EVENTS: Date
Topic
14 Sept 2018
Human resources in the sourcing industry Eric DELTOUR, Regional Director of French Multinational Client Services, Mercer
12 Oct 2018
A bridge between start up and industry - From conception to realisation of good Kim PEN, CEO / Founder, Workshop and Weprod (Shenzhen)
9 Nov 2018
Short overview of Oqido and its approach on sourcing-related topics: Yvan CORNO, Director, Oqido
7 Dec 2018
Making the invisible more visible: The power of data in the supply chain digitalisation Charly LIMOU, Managing Partner, Forizons
11 Jan 2019
Metro Sourcing introduction and New era sourcing for online Alexis MAUDELONDE, Director Sourcing – Non-Food Permanent, Management, Metro Sourcing International
15 Feb 2019
Implementation of the ‘The Loop’ concept in a VF Jeans factory in Bangladesh Rejean PROVOST, Director of Business Development, Pivot 88
8 Mar 2019
Free Trade Agreements utilisation and optimisation William MARSHALL, Partner, PWC
28 Mar 2019
Made in Asia 9 th edition
12 Apr 2019
Sourcing at Kiabi Alexia BONNET, Global Procurement Director, Kiabi Group
17 May 2019
What does sustainability mean at BigCorp? Olivier COURRET, Partner & Director at NZO active, Sporting Goods
3 Jul 2019
Next year preparation meeting
64
Wise City Committee This new committee, the result of the merger of the former Infrastructure and Green Business committees, was launched early July 2018 and focuses on the ‘Smart City’ concept and the relations with the Hong Kong administration. The committee has decided to follow up on the success of the Wise City programme launched a few years ago and endeavours to contribute to ensuring Hong Kong remains Asia’s world city.
CO-PRESIDENTS AND VICE-PRESIDENT
Antoine GRANGE SUEZ NWS
Ludovic LANG
THALES TRANSPORT & SECURITY (HONG KONG) LTD
Kk CHAN
CLUB MEETINGS / EVENTS: Date
Topic
6 Sept 2018
Back-to-work networking cocktail
11 Oct 2018
Hong Kong contractual schemes Alice WONG, Contract Advisor, Architectural Services Department, HKSAR Government
7 Nov 2018
The Digital Strategy of Hong Kong International Airport Alex KWAN King-fai, Executive Director, Engineering & Technology, HKIA
11 Dec 2018
Collaboration and development of links with Hong Kong universities Karen JIANG, Assistant Director, Innovation and Technology Development Office, The Hong Kong Polytechnic University Simon W.L. LAW, Ph.D., Director, Technology Transfer Center, The Hong Kong University of Science and Technology
17 Jan 2019
(VISIT) High-speed train control centre
7 Mar 2019
Greater Bay Area: Opportunities and challenges Mr Stephen WONG, Deputy Executive Director and Head of Public Policy Institute, Our Hong Kong Foundation Mr Kenny SHUI, Senior Researcher, Our Hong Kong Foundation
16 May 2019
How does Greenpeace deal with a super-urban city such as Hong Kong? Andy CHU, Campaigner, Greenpeace
65
WOB Forward! Committee / Club The WOB Forward! Committee / Club brainstorms and organises activities. Aiming to help leading women in their business, it gives its members the brand value and confidence they need to propel their career further.
PRESIDENT AND VICE-PRESIDENTS
Marie-Hélène PREVOT
TRIBE 22 RETAIL CONSULTANCY AND SOLUTIONS
Karine-Laure DELVALLEE BNP PARIBAS
Marie-Anne KONG PWC
CLUB MEETINGS / EVENTS: Date
Topic
2 Oct 2018
Brainstorming session
21 Nov 2018
Brainstorming session
9 Jan 2019
Brainstorming session
19 Mar 2019
Brainstorming session
15 May 2019
Gender balance: any progress in the last two years? Kitty LAM, Senior Policy & Research Officer, Equal Opportunities Commission (E.O.C.) and Ferrick CHU, Head, Policy & Research, Equal Opportunities Commission Simon TYE, Director, CSG Worldwide
5 Jun 2019
Do women have a leadership advantage? Rachel CATANACH, President, & Senior Partner, Greater China, FleishmanHillard Fida BOU CHABKE, Managing Director Hong Kong and Taïwan, Rémy Cointreau Janice WANG, CEO, Alvanon
27 Jun 2019
Next year preparation programme
66
ANNUAL REPORT 2018 - 2019
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