AF Executive Director Oman Jiao was elected as the new Chairperson of the Foundation for a Sustainable Society, Inc. (FSSI) during the latter’s General Assembly held on May 17, 2018. Oman is AF’s official representative to FSSI.
Previously, Oman held the position of FSSI Vice-Chair and was actively involved in FSSI’s Internal Affairs Committee (IAC), Committee on Education and Advocacy (CEA), and the Investments and Finance Committee (IFC).
Recently, FSSI also welcomed its new Executive Director, Mr. Sixto Donato (Dodo) Macasaet.
FOUNDATION FOR A SUSTAINABLE SOCIETY, INC.
On 11 August 1995, the Foundation for a Sustainable Society (FSSI) was established following a successful debt for development agreement between the Government of the Philippines and the Swiss Confederation. Switzerland cancelled the Philippine’s outstanding export credit debts amounting to 42 million Swiss Francs (approximately USD 34 million.) A counterpart fund, equivalent to fifty percent of this amount was put up and channeled to FSSI to finance sustainable development projects for the marginalized sectors.
The FSSI endowment is a public trust. FSSI seeks to apply innovative fund utilization that will maximize both social and financial returns through valuable entrepreneurship, at the same time, ensuring continuing growth for the institution, equitable development and environmental sustainability in all its initiatives.
The FSSI is a social investment organization committed to support the development of sustainable communities through social entrepreneurship. Since 1995, we have developed social enterprises with triple bottom lines in marginalized communities that are owned, managed and operated by the poor, economically sound and environmentally-friendly.
Read more at http://www.fssi.com.ph.