The Finance Commission of the FIVB recently convened its members for a meeting held via videoconference. Participants joined both in person and remotely to address crucial financial matters and discuss strategic initiatives aimed at shaping the future of volleyball.
FIVB President Fabio Azevedo officially opened the session, highlighting the indispensable role of the Commission in supporting the FIVB Strategic Vision 2032, particularly the principle of `FIVB Good Governance – State of the Art`. He stressed that integrity, transparency, and robust governance remain the fundamental pillars guiding the Federation`s operations, with a special emphasis on its financial management.
In his opening remarks, Finance Commission President Habu Gumel stated:
“I am delighted to participate in discussions on such a vital subject with my colleagues. Financial integrity and transparency are the bedrock of any successful organization. I look forward to collaborating to uphold the high standards of the FIVB while contributing to the global expansion of our sport.”
Key items on the agenda included reviewing the 2024 accounts, updates regarding the 2025 budget, and discussions concerning the FIVB`s current investment strategy. These deliberations allowed the Commission to reaffirm its strong commitment to maintaining the highest levels of financial governance, crucial for ensuring the continued success and worldwide growth of volleyball.
Oliver Wrenwick 
Finley Blackwood