FIVB Honorary Life President Mr Jizhong Wei and Honorary Executive Vice President and Board of Administration member Mr Theofanis Tsiokris are in attendance to the Board meeting
Lausanne, Switzerland, April 4, 2013 - The first day of the two-day FIVB Board of Administration meeting saw the Board approve key initiatives to modernise the organisation and the sport of volleyball on Thursday.
Major decisions included the approval to restructure the FIVB headquarters through the improvement of human resources as well as the renovation and improved utilisation of the FIVB office space.
The Board also approved reports by the FIVB Treasurer, external auditors Ernst & Young and the FIVB Controller. The report of the FIVB Finance Commission, which included a review of the 2012 budget and approval of the 2013 budget, was also accepted.
Key reports on a new strategic plan as well as important marketing and television initiatives were presented to the members and will also continue on Friday.
Further Commission presentations are also part of the agenda on Friday.