Report on STEP Chairmen’s AGM (Held in London: 1st to 4th Dec 2010)

Dear Fellow STEP Members,

During the 4-day programme, I attended meetings with the following groups:

1. Development Committee

2. East Asia Regional Committee

3. International Committee

4. Special Interest Groups

5. STEP Worldwide Council

6. India Round Table

7. AGM.

Between the various meetings attended, I met with the following persons:

1) David Harvey: CEO – STEP Worldwide (WW)

We discussed the making of a submission to WW to appoint a full-time STEP WW Executive to be based in Asia to cover such issues as:

A. Public Policy

B. Educational Strategy

C. Membership

D. Branch Development.

2) Keith Johnston: Director of Policy & Communication 

Keith will undertake the submission for the STEP WW Executive position.

3) George Hodgson: Head of Policy

George will be assisting in the preparation of “The Common Law Legislation of Trusts in Singapore,” for a STEP paper to the EU.

4) Michael Evans: Director of Governance & Processional Standards

A sub-committee in Singapore is reviewing the STEP Singapore Constitution. The sub-committee, chaired by Mr Lee Chiwi, and assisted by Ms Lim Ping Ping, Mr S Sharma and Ms Catherine Cheung, expects to submit their findings and make a recommendation in the next few months. Michael will be reviewing the sub-committee’s findings.

5) Amand Seal: Director of Events

Amand is in-charge of planning for the STEP Asia conference to be held this year in Singapore during 1-2nd November. The sub-committee, chaired by James Aitken and assisted by Wan Peng and Brian Balleine, is currently developing Conference Thematic elements.

6) Nigel Race: Director of Education

Nigel came to Singapore during 27-28 Jan 2011 to discuss with the Institute of Banking & Finance (IBF) and other education stake-holders on the STEP Asia Education programme that is anticipated to be rolled out this year.

7) Elaine Crehan: Director of Marketing & Membership

We discussed the possible establishment of Chapters in jurisdictions that may not have enough numbers to form a Branch, but can organize an initial smaller STEP presence. I have been tasked as a goodwill ambassador to assist STEP WW in establishing STEP representations in Brunei and Malaysia as the membership in these two jurisdictions has been growing independently of Singapore.

In summary, this was a very beneficial time in understanding how our professional body has grown to 16,000 members across 60 jurisdictions, and what further benefits can be delivered to our approximately 430 Singapore members.

Angelo Venardos

President, STEP (Singapore Chapter), 2009 - 2011

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