SHANGHAI, CHINA – The Israeli Chamber of Commerce in Shanghai (IsCham Shanghai) has announced the results of its 2010 election for the new Steering Committee.

IsCham Shanghai's members elected Mr. Zvi Shalgo to the position of Chairman. Mr. Shalgo is the Founder and CEO of PTL Group. Dr. Bella Ohana, Life Managing Director at Infinity, has been elected to serve as Vice Chairman.

“I joined Zvi Shapiro, the Founder of the IsCham Shanghai, in an effort to maintain his achievements of two previous years of activity,” said Mr. Shalgo. “We targeted a clear goal - to reorganize the Chamber into a working organization based on a realistic business model that will enable it to exist for the long term and to support the Israeli business community in Shanghai for many years to come.”

“Many helped this effort,” said  Mr. Shalgo, “my role was mainly to manage marketing concepts, gather the investing founding corporate members and make them to believe in the project.”
“The most important task we accomplished over the last six months is establishment of cooperation with the Israeli diplomatic mission to enable a smoother and more flowing channel of mutual resources.”

Three additional Steering Committee members have been elected:

• Mr. Amit Ben-Yehoshua - China Partner, Shibolet & Co. Advocates & Notaries  and Senior Counsel at Da-Cheng Law Offices.
• Mrs. Shiri Atsmon - Research Manager at Orcale Added Value.
• Mr. Ido Klein - Joint Managing and Founder of ToyMonster Ltd.