ADFIAP, represented by its Secretary General, Octavio B. Peralta, spoke to over a hundred delegates and dignitaries mostly from Europe and Asia which gathered in Astana, Kazakhstan on May 31, 2006 for the first-ever Eurasian Forum for Development Institutions. The event was organized by the Development Bank of Kazakhstan (DBK), an ADFIAP member and represented in the Board by its new president, Mr. Askar Sembin.
Mr. Peralta made known to the audience the role of development finance institutions in the Asia-Pacific region by presenting the Association’s mission and work as well as the accomplishments of member-institutions in their sustainable development efforts. He also did the welcome remarks during the opening ceremony.
The Davos-styled event themed, “The Role of Development Institutions in Economy Diversification” put together CEOs of State institutions, international investment bankers, researchers, consultants and the press to exchange various views and inputs regarding the role and governance of State-owned financial institutions, particularly in assisting various stakeholders in national economic development.
The forum was inaugurated by the Deputy Prime Minister, Mr. Karim Massimov, who also spoke about the role of development institutions in Kazakhstan in modernizing its economy.
Mr. Kairat Kelimbetov, DBK Chairman, in his speech, mentioned the launching of the country’s “Kazyna” Fund for Sustainable Development, a consolidation of all national development organizations, including the DBK, under one umbrella tasked with coordinatively implementing large strategic projects and promoting Kazakhstan in the international arena. Mr. Kelimbetov has been appointed to head the Fund.
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