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The history of creation of All-Russian Public Organization Russian Club of Financial Directors

All-Russian Public Organization Russian Club of Financial Directors was created by an initiative group to bring together the financial profession on a national level, expand business connections at the local, regional and international levels by performing a public and representative function, development of a concept of development of Russian financial system, protection and promotion of the Club’s initiatives with the public and government.

There’s a great number of professional public organizations including those in the financial sphere in Russia. At the same time financial directors that make important decisions in the field of companies’ financial policies and financial and asset management, investment sector didn’t have any professional association before the foundation of All-Russian Public Organization Russian Club of Financial Directors.

Today, the main platforms for professional communication and discussion of general problems and interests are represented by specialized forums conferences. Though, they are organized not so often and have varying statuses, which does not allow covering the whole range of professional issues. The issue of systemic promotion of national interests is also open. Nevertheless, the significance of financial forums is constantly growing, the range of professional interests is widening and the number of participants in such events is increasing. These factors indicate the perspectives for the development of a constantly operating platform for financial directors.

In the beginning of 2011 an initiative group started studying the possibilities of the creation of a public professional organization that would become a constantly operating platform for communication of financial experts. Within the year we had a lot of consultations on the issue and searched for like-minded people and prepared the grounds for establishment of regional representations. Finally, on February 12, 2012 an organization meeting was held and All-Russian Public Organization Russian Club of Financial Directors was founded. The organization was registered in accordance with prescribed order by the Ministry of Justice of the Russian Federation on April 28, 2012. At that time All-Russian Public Organization Russian Club of Financial Directors had 42 regional representations.

All-Russian Public Organization Russian Club of Financial Directors sets global objectives; one of them is the consolidation of the financial profession and persons whose activity is connected with finances. The Club was established for the purpose of development of professional standards and establishment of stable connections between financial employees and cooperation with state authorities and international community.

The Club provides its members with a constantly operating platform for professional communication. The platform contributes to the formation of the system of steady horizontal business connections between financial experts and vertical business connections between legislative and executive public authorities.

The creation of All-Russian Public Organization Russian Club of Financial Directors and its transformation into a permanently operating active body will allow increasing the efficiency of financial experts’ activity and finding solutions to many problems that the modern financial community faces today.

© Russian Club CFO, 2014
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