TCM Global Logo
June 2010
AGM India Group in front of Taj
New Delhi - 2010 AGM Success!


The 2010 AGM convened in New Delhi. It provided a great opportunity for all participants to meet with fellow TCM members and to explore beautiful India!  A recap of our AGM is summarized below by our CEO. 

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We are excited to introduce two new board members who are now a positive addition to our board. With the backing and help of Mr. Jefferson Viana of Wayback, the TCM Group exhibited and sponsored the 3rd Operational Risk Conference held in Brazil during the month of May.


Cordially,

Amir Erez
Chairman
TCM Group International, LTD

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TCM Group Sponsors the 3rd Operational Risk Conference - Brazil

Jefferson at Brazil Seminar 

The goal of the recent Operational Risk Seminar held in Sao Paulo Brazil was to offer technical improvement opportunities to professionals who have direct or indirect operational risk contact during their daily activities. 

Speakers presented participants not only with a view of the regulations, but also an understanding of the experience of financial institutions on the process of approving their models.

Presenters and participants included international regulators, financial administrators, risk managers, auditors, compliance officers and training and development executives.

Our team from Brazil, Wayback/TCM Brasil took on the initiative and 
sponsored the event in the name of TCM Group. Initial reports coming in from Mr. Viana was that it was a huge success and interest is coming in from the conference attendees. Keep up the GREAT work putting the TCM Group ahead!

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Message from our CEO
 Sigurbjorn Thorbergsson photo
Dear Shareholder,
 
We held a successful AGM in India in the end of April with 22 delegates attending. The volcanic eruption in Iceland affected us as many had to cancel flights due to volcanic ashes being pumped into the atmosphere.

Interesting presentations were given by our guests at the meeting. Thanks to the presenters who have all expressed their interest in joining our group as shareholders.

The best performing TCM office, according to the quality survey, was Norway. This is no surprise for us all who know their dedication and expertise. Second was Belgium, then Sweden, Iceland and Finland.


An important change was adopted to the code of operations regarding the disputed issue of cross border marketing. It emphazises the importance of communications, ethical behaviour and the marketing obligations each shareholder has towards fellow shareholders.

Also an important resolution was passed supporting the board of directors in monitoring marketing activies of the shareholders. 

Hennie, our director of marketing, introduced a new marketing plan as well as new marketing material he and his team of marketing experts have prepared for the group. Thanks to Hennie for a job well done, but now it is up to us to follow suit and use these new tools provided by them.

On the last day of the conference, the importance of Skype as a
communication tool was mentioned. I agree with those sponsoring it's use and those already using it are enjoying the benefits.

IA new Board of Directors was elected for one year. Chairman Amir Erez TCM USA, Secretary Seema Kumar TCM India, Treasurer Hennie Wesselz TCM Netherlands, Jeff Li,TCM China, Jefferson Vianna TCM Brazil, and Sigurbjorn Thorbergsson TCM Iceland to serve as CEO for 2 years. Also, it should be noted that Marcel and Ricardo have worked with the Board of Directors and their input has been of importance for our group.

During the last day of the conference a marketing film clip about our group was recorded. The idea was inspired by Etienne's effort last year. Yet again, thank you Seema for all your work for preparing the project. The premiere will take place in our new web site that is in the making.

Thanks to all the directors who have devoted their time and efforts in managing the TCM group. It has been and is a rewarding experience for me to work with you all and I thank Bob and Karen from TCM UK who served and worked with the Board of Directors until the last AGM. I would like to extend my sincerest thanks to our chairman, Amir Erez, who had to assume sole leadership of the conference in my volcanic absence.

I believe that TCM Group as a team has taken several steps forward and is stronger now than ever. The good news is, we can easily make it better by giving the needed attention to the market for global claims.


Sigurbjörn Thorbergsson, CEO
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TCM Group Fact Corner

Did You Know?

Overview of regional trade flows

Fueled by Asia's demand and commodity prices, exports of Africa,
the Middle East and the Commonwealth of Independent States
were more  than 50% higher than in the corresponding period of 2009.


Table: World merchandise trade by region and selected economies, Jan-Mar, 2010
Percentage change in current US dollars, year-on-year and
quarter-on-quarter
Import Export graphic WTO





a Includes significant re-exports or imports for re-exports.
b "Intra EU" is trade within the EU; "extra EU" is trade between the EU
 and non-EU economies.
c  Hong Kong, China (excluding re-export trade), Republic of Korea,
Malaysia, Singapore, Taipei, Chinese, and Thailand.   RESOURCE:
 WORLD TRADE ORGANIZATION

 
Issue: 4
2nd World Congress globe
In This Issue
TCM Group Sponsors the 3rd Operational Risk Conference - Brazil
Message from our CEO
TCM Group Fact Corner
Jeff Li - New Board Member
Seema Kumar - New Board Member
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Jeff Li - New Board Member
 

Jeff Li headshot

Founder, President  & CEO of Inter-Credit Group in China, Jeff Li is headquartered in the coastal city of Qingdao. Inter-Credit has 12 branch companies located in the major cities of China. Inter-Credit provides debt collection services to most of the banks and insurance companies in China. It also provides company credit reports and commercial debt collection services to multi-national companies.

 Jeff if a member of FCIB, an association of executives of financial, credit and international business. He is a member of the Committee of the First China International Forum of Commercial Debt Collection.

Jeff holds a bachelor's degree in British and American Literature from China Ocean University.
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Seema Kumar - New Board Member

Seema Kumar headshot June 2010

Seema completed her schooling at the renowned Convent School of New Delhi, India and graduated in medicine with distinction in many subjects.

Because many of her family members are lawyers, she was strongly motivated to join the debt collection community. Her father is one of the pioneers in International Debt Collection.
Seema joined the TCM Group in 2004 as an agent and within a very short time became Shareholder of the TCM Group.

She has traveled widely and is therefore familiar with customs and laws of many countries.
 
TCM Group International | www.tcmgroup.com | Global Coverage in International Debt Collection | CA | 91302