Recently, the International Fur Association (IFA) convened its annual conference in London, marking a significant milestone in the evolution of the global fur industry. Over 75% of member organizations present at the meeting voted in favor of a comprehensive set of amendments to the association’s statute, signaling a major shift in governance and direction.
Under the updated regulations, the IFA’s executive council will now consist of seven industry-elected members and seven nominated representatives from auction houses and farmers. The new structure is set to take effect starting with the 2011 annual general meeting. The elected members will be distributed across regions: two from Asia (with one required to be from China), two from Europe, two from North America, and one from Russia. Additionally, the term limits for board members, officers, and directors are clearly defined in the revised statute. Notably, the requirement for a Chinese representative on the board underscores the growing recognition of China’s pivotal role in the international fur market.
In addition to these changes, the IFA has introduced a new key position: a Chief Executive Officer (CEO), who will oversee the association’s operations and focus on its political initiatives. However, day-to-day management will continue to be handled by the executive director. At the event, Ms. Pirkko Rantanen Kervinen, who has dedicated 18 years to the international fur industry, officially stepped down from her roles as financial director and executive director. Mr. Steven Hurwitz was appointed as the new financial director, while Mr. Pertti Fallenius took over as the nominated director representing the Finnish fur auction house on the IFA Executive Council.
During the meeting, Andreas Lenhart, a senior figure in the IFA, emphasized the importance of unity and resilience within the fur industry. He stated, “With the constitutional revisions and the restructuring of the International Fur Association, we can now concentrate our efforts entirely on the IFTF’s mission and guide the fur industry toward a more sustainable and prosperous future.†This statement reflects a renewed commitment to addressing challenges while maintaining the industry’s global relevance and growth potential.
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