At the Annual General Meeting on 20 September 2013, a decision was made to form a Board of Governors (BOG) to enhance the Federation’s corporate governance and accountability practices. It also serves as an additional avenue to safeguard the interests of the SMF.
The BOG is to consist of at least three but not more than seven persons. Governors must be Past Presidents, Past Deputy Presidents of the SMF, or, Eminent Persons appointed by the Board. The term of office of the BOG shall end six months after the conclusion of the Annual General Meeting of an election year.
Mr George Yeo, Mr Renny Yeo and Mr Bob Tan were appointed by the Council as Governors on 28 January 2014, forming the inaugural BOG. In December 2018, Mr George Huang was appointed to the BOG as well as to be the Chairman of the BOG. The current BOG now consists of Mr George Huang (Chairman), Mr George Yeo and Mr Robert Chua.
The SMF is one of the few local trade associations that has in place a BOG as a measure of maintaining the integrity of the Federation and safeguarding the interests of its members.