2018 4th quarter Presidential Board meeting was held in London November 8-9.

The FIDE President Arkady Dvorkovich reported to the board on how he started his mandate by visiting differents tournaments. The President announced that new FIDE bank account will be opened in Switzerland. The FIDE headquarters will be established in Lausanne.

Faithful to the compaign promises of bringing FIDE to new standard and level, a budget for 2019 of 5.546.000 Euros was presented and adopted with 3.000.000 Euros allocated to the development.

On administrative matters, GM Victor Bologan has been appointed Executive Director. A Management Board has been set up with Mr. Emil Sutovsky as Director General, Mr. Willy Iclicki as Chief Operational Officer, Mr. Igor Kogan as Deputy Chairman, Mr. Mohd Al-Mudahka as International Director, Mr. Alexander Martynov as Lawyer, Mr. Vadim Tsypin as Secretary.

The Presidential Board approved the restructuration of the non-elected commissions which will be eighteen with a maximum of ten members per commission and the appointment of most of the chairmen. Titles from the Arbiters, Trainers and Events commissions were approved.

The Presidential Board approved the regulations and modalities of FIDE development assistance to national federations and pilot agreements have been signed between FIDE and four federations, one from each continent: Trinidad and Tobago, San Marino, Mongolia and Eswatini.

Reports of the 2018 Chess Olympiad and of the four continents were presented to the Presidential Board.

Photos by Fiona Steil-Antoni