world federation of societies of anaesthesiologists annual report 2006

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• Officers & Executive Committee meetings, including travel, reflects the costs of the 2006Singapore Executive Committee meeting and normal costs of an Executive Committeeperforming its duties with minimal expenditure.• Education & Publication Committees, administering expenditure on WFSA international projects(the Treasurer’s favourite expenditure!), were both on budget with a total expenditure of$214,000. This reflects excellent management by each committee Chairperson.3. Investment PortfolioThe WFSA Investment Portfolio is managed by an investment firm in New York, USA. All investments are held inthe USA because the WFSA is incorporated only in the USA, where it receives tax-free status as an endorsedcharitable organisation. Mr Francis Wirgman, Financial Advisor to the WFSA, receives detailed monthly reportson all transactions undertaken by the WFSA appointed fund managers. Progress summary reports are providedevery 3 months to the Treasurer and Deputy Treasurer and further reports are forwarded at regular intervals tothe Executive Management Group and the Executive Committee.Certain important principles are maintained in management of the investment portfolio. The first principle is thatthe Executive Committee has agreed that the value of the portfolio should not fall below $2 million in order toensure a continuing income for its Education and Publications activities. The second principle is to recognise thatunrealised losses or gains in any single year reflect the fickle nature of the investment market and cannot justifyany immediate change in budgeting for coming years. The third principle is that changes in the value of theportfolio do not necessarily result in proportional changes to WFSA income through interest, dividends, etc. Thefinal principle is that a diversified portfolio is maintained of carefully selected and monitored equity and fixedinterest investments to balance risk and reward.2006 saw a small improvement in the market value of WFSA equities stock and improved interest and investmentincome. Market value of the WFSA investment portfolio at 31 December 2006 was over $2.6 million, well abovethe lower limit of $2 million set by the Executive Committee. However, WFSA expenditure and income budgetswill significantly change over the next year, mainly due to expenses associated with meetings of the ExecutiveCommittee and the General Assemblies of the WFSA at the World Congress in Capetown in March 2008, anddue to income uncertainties related to any surplus generated from the 2008 World Congress. It would, therefore,be unwise to alter investment strategies until at least mid-2008.4. ConclusionThe above report should be read in conjunction with the WFSA audited financial statements of 2006, which willappear on the WFSA website in the near future. This report reflects a stable and healthy state of WFSA finances.WFSA members can be reassured that the finances are managed on a daily basis, that progress is carefullymonitored throughout each year, that financial policies and strategies are reviewed regularly by the ExecutiveManagement Group, and that regular finance reports are sent to the Executive Committee for discussion andreview.Finally, the outstanding efforts and contributions of Mrs Ruth Hooper in the WFSA London Headquarters and MrFrancis Wirgman, Financial Advisor to the WFSA, must be acknowledged in their highly successful managementof WFSA finances. I also thank the Deputy Treasurer, Dr Jerry Fontenot, and other members of the ExecutiveManagement Group for their continuing diligence and contributions to WFSA finance management.ASSOC PROFESSOR RICHARD G WALSHWFSA TREASURER10
IN MEMORIAMDr. John M. ZorabPast President 1988-1992It was with sadness that we heard of the passing of John Zorab recently. He was one of the greatest contributorsto international anaesthesia and the World Federation of Societies of Anaesthesiologists.John trained in anaesthesia with some of the greats of English anaesthesia (Sir Geoffrey Organe and Cyril Scurrat Westminster, Phillip Helliwell at Guys and Patrick Shackleton at Southhampton) before becoming a dynamicconsultant at Frenchay Hospital where he shared a small office with Peter Baskett and together they contributedto raising the standards of anaesthesia in Bristol. Latterly due to the high regard in which he was held there hebecame increasingly involved in the hospital's administration. John Zorab served the AAGBI on their Council andas Secretary, was on the Board of the Faculty of Anaesthetists, Royal College of Surgeons. Internationally hespent 6 months in Vietnam after the war and he also became involved in the European Regional Section of WFSABecoming Secretary General of the 1982 European Congress held in London and later became Chairman of ERSJohn Zorab was one of the founders of the European Academy and for a long time was involved in its Diplomaexaminations. He was a man of vision and an independent thinker. He served as a very progressive secretary ofthe WFSA. He produced a lecture series of books twice a year for four years, put forward the idea of Scholarshipsfor Eastern Block anaesthetitsts to visit a centre in the West for 3 months; several of the recipients becameleaders in their countries and served WFSA. Israel supplemented this programme enabling several Roumaniansto go there and later others went from Bulgaria and Moldova as well. This programme was magnificentlyorganised by Gaby Gurman for many years. He introduced the concept of WFSA courses, the first being held inNairobi. During the years 1988-92 when John Zorab was President of WFSA, Kester Brown Chairman of theEducation Committee with the help of Philippe Scherereel, Roger Eltringham and others our EducationCommittee sent teachers from 23 countries to 50 countries. This has continued and is a foremost contributionfrom the WFSA to the National Societies, along with the training centres that have developed and Update inAnaesthesia.John did not stop then. Despite having two cardiac arrests he contributed to the 'History of the First Fifty years ofWFSA', a volume all committee members should read so that they understand the background of theorganization. Then he produced an illustrated CD about all the World Congresses, which he presented in Paris. Itis an invaluable archive of the history of all the key players of the WFSA and the Congresses over the past halfcentury.John was supported by his wife Shirley who acted as his Secretary while he held the busy executive positions ofSecretary and President. Anaesthetists owe her much gratitude for all she did before the Federation had an office.Thank you, Shirley.John's passing saddens us but he led such a full life with so many worthwhile achievements that one cannot helpappreciating it and all he did for our specialty.Kester BrownImmediate Past President WFSADr Douglas D C HowatDouglas Howat was born on the 10 th January 1920 in the Scottish borders and brought up in London, where hisfather was a general practitioner. He studied medicine at King’s College, London, qualifying in 1943. Here he methis future wife Joan who was also a student. After service in the RAF he eventually became consultantanaesthetist to St George’s and the Royal Masonic Hospitals in London.He served on the Council of the Association of Anaesthetists of Great Britain and Ireland (AAGBI) and when in1969 a Treasurer was due to be elected, someone was inspired to say ‘let’s make Dr-and-Mrs-Howat ourTreasurer’. He became Treasurer, with Joan’s help for she was always as much a part of his professional andpublic life as of his family life. Both contributed together.Later Douglas was elected to the Board of the Faculty of Anaesthetists where he served with competence onnumerous committees, as examiner for the Fellowship, and delivering the Frederick Hewitt lecture in 1977. WhenVice-Dean he breathed new life into what was then a rather vague post, whilst his contribution to surgical affairswas so effective that in 1984 the surgeons elected him FRCS. He was elected Honorary Member of AAGBI in1986.11
Page 1 and 2: WORLD FEDERATION OF SOCIETIES OF AN
Page 3 and 4: A FINAL WORD FROM THE PRESIDENTThis
Page 5 and 6: SECRETARY’S MESSAGE1. London Offi
Page 7 and 8: F. Primary Trauma Care (PTC):Dr. Do
Page 9: TREASURER’S REPORTfrom Richard G
Page 17 and 18: 11. Report of the Nominations Commi
Page 21 and 22: FOUNDATION COMMITTEEBridenbaugh, Dr
Page 23 and 24: RESUSCITATION, TRAUMA AND INTENSIVE
Page 25 and 26: AUSTRALIA Australian Society of Ana
Page 27 and 28: CANADA Canadian Anesthesiologists'
Page 29 and 30: DENMARK Danish Society of Anaesthes
Page 31 and 32: GHANA Ghana Anaesthetist Society AR
Page 33 and 34: IRAQ Iraqi Society of Anaesthesiolo
Page 35 and 36: KOREA Korean Society of Anesthesiol
Page 37 and 38: MALI Société d'Anesthésie, de R
Page 39 and 40: NETHERLANDS Nederlandse Vereniging
Page 41 and 42: PERU Sociedad Peruana de Anestesia,
Page 43 and 44: SLOVAK REPUBLIC Slovak Society of A
Page 45 and 46: THAILAND Royal College of Anesthesi
Page 47 and 48: UZBEKISTAN Uzbekistan Society of An
Page 49 and 50: ChairmanDr Olav Sellovold (Norway)W
Page 51 and 52: Boubezari, Dr Reda-Fihri, CHU Musta
Page 53 and 54: Gin, Dr Tony, Dept of Anaesthesia &
Page 55: Martinez Pelayo, Dr Francisco Javie
Page 58 and 59: Tembo, Dr Dixon, Dept of Anaesthesi
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CALENDAR OF EVENTSAugust 2007August
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12-17 November 2007 Annual Meeting
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November 2008November 2008Annual Sc
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World Association for Disaster and
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RegionalAsian and Oceanic Society o
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world federation of societies of anaesthesiologists annual report 2006

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