The Federation of Greek Elderly Citizen Clubs of Melbourne & Victoria (FGECCMV) held its Annual General Meeting (AGM) on November 8, with a full quorum of members in attendance.
The meeting began with a review of the minutes from last year’s general meeting, which were read aloud and received unanimous approval from the membership.
The financial report for the 2023-24 fiscal year was then presented, detailing the Federation’s current financial standing. While some members raised minor comments on the balance sheet, the Federation clarified that these were issues to be addressed by the accountant, not the treasurer. The Federation confirmed there was no question of the accuracy or integrity of the finances, simply an oversight by the accounting team that would soon be rectified.
The meeting closed with a report from Federation President John Kostoulias, who addressed the board’s recent challenges. He noted that internal dysfunction had hampered the Federation’s ability to deliver its programs effectively, and he called on members to decide on his role moving forward. He presented two options: either allow him to remain as president and support structural changes to improve the board’s operations, or allow him to step down.
In a show of confidence, members voted for Mr Kostoulias to continue his role as president, emphasising his commitment to stability and recognising that, as in many organisations, constructive criticism can accompany any effort toward positive change.
The Federation issued a postscript, stating that while it welcomes an audit of its finances, it is hoped that it would be conducted with good intentions and in the spirit of constructive feedback.
