At the Annual General Meeting on 20 September 2013, the decision was made to form the Board of Governors (BOG) to enhance the Federation’s corporate governance and accountability. It also serves as an additional avenue to safeguard the interests of SMF.
The BOG consists of at least three but not more than seven persons who are either Past Presidents of SMF or Eminent Persons appointed by the Board. Mr George Yeo, Mr Renny Yeo and Mr Bob Tan were appointed on 28 January 2014 as the inaugural SMF BOG. The term of office of the Board shall end six months after the conclusion of the Annual General Meeting of an election year.
SMF is one of the few local trade associations that installed the BOG as a measure of maintaining the integrity of the Federation and safeguarding the interests of its members.