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2018, 41st ADFIAP Annual Meeting in New Delhi, India

41st ADFIAP Annual Meeting

Promoting Inclusive and Sustainable Development – Role of DFI’s
FEBRUARY 20 – 22, 2018

Message from the Chairman

On behalf of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP), I wish to invite fellow-members, partners, and colleagues in the development finance community to join us at the 41st ADFIAP Annual Meeting to be held in New Delhi, India on February 20-22, 2017. In this regard, please allow me to thank our members in India for graciously hosting this year’s event.


Joint Message from the Indian Organising Member Institutions of ADFIAP

Namaste from India!

The Indian Organising Member Institutions of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) are pleased to welcome members and partners to join us at the 41st ADFIAP Annual Meeting 2018 to be held in New Delhi, India on February 20-22, 2018.

Delhi is the capital of India and as such is a symbol of the country’s rich past and thriving present. It is regarded as the heart of the nation. The city is popular for its enriched culture and heritage and is home to many famous historical monuments. With a history that goes back many centuries, Delhi showcases an ancient culture and a rapidly modernising country.
Over the years, DFIs have been playing a crucial role to build a strong foundation for economic development through extending their support to the sectors which are identified as the key drivers of growth. At the 41st ADFIAP Annual Meeting we endeavour to provide a platform for CEOs and senior officials to exchange views and ideas through structured sessions on the theme for this year’s Meeting i.e. “Sustainable and Inclusive Development – Role of DFIs”.

As in the previous editions, we hope participating members may benefit with enriched experience and key takeaways from this meeting.

About the Supporting Organization

Entrepreneurship Development Institute of India has helped set up twelve state-level exclusive entrepreneurship development centres and institutes. Entrepreneurship has been taken to schools, colleges, science and technology institutions and management schools in the water performance sector by including entrepreneurship in their curricula. The University Grants Commission appointed the EDI as an expert agency to develop a curriculum on Entrepreneurship.

In the international arena, the development of entrepreneurship by sharing resources and organising training programmes, have helped the EDI earn support from the World Bank, Commonwealth Secretariat, UNIDO, ILO, FNSt, British Council, Ford Foundation, European Union and other agencies.

The institute has carried out the task assigned by the Ministry of External Affairs (India), to set up Entrepreneurship Development Centres in Cambodia, Lao PDR, Myanmar and Vietnam. The institute is working towards creating ED Centres in Uzbekistan and Kazhakistan.

Export–Import Bank of India is the premier export finance institution in India, established in 1982 under Export-Import Bank of India Act 1981. Since its inception, Exim Bank of India has been both a catalyst and a key player in the promotion of cross border trade and investment. Commencing operations as a purveyor of export credit, like other export credit agencies in the world, Exim Bank India has, over the period, evolved into an institution that plays a major role in partnering Indian industries, particularly the Small and Medium Enterprises, in their globalisation efforts, through a wide range of products and services offered at all stages of the business cycle, starting from import of technology and export product development to export production, export marketing, pre-shipment and post-shipment and overseas investment.

IDBI Bank Ltd. is a Universal Bank with its operations driven by a cutting edge core Banking IT platform. The Bank offers personalized banking and financial solutions to its clients in the retail and corporate banking arena through its large network of Branches and ATMs, spread across length and breadth of India. We have also set up an overseas branch at Dubai and have plans to open representative offices in various other parts of the Globe, for encashing emerging global opportunities. Our experience of financial markets will help us to effectively cope with challenges and capitalize on the emerging opportunities by participating effectively in our country’s growth process.

National Bank for Agriculture and Rural Development (NABARD) is the India’s apex development financial institution, formed by an Act of Parliament in 1982. Headquartered in Mumbai, we have a pan-India presence with 31 Regional Offices and 400 District Development Managers’ offices. Our mandate is bringing rural prosperity through credit and non-credit initiatives in the fields of agriculture, cottage & village industries, handicrafts & small-scale industries. From being a pure refinance provider in 1982 to the nation’s apex development financial institution today, we touch lives of millions in rural India, directly and indirectly. This journey has seen us defining a purposeful role for ourselves in rural India and playing a larger role in nation building.

National Housing Bank (NHB), a wholly owned subsidiary of Reserve Bank of India (RBI), was set up on 9 July 1988 under the National Housing Bank Act, 1987. NHB is an apex financial institution for housing. NHB has been established with an objective to operate as a principal agency to promote housing finance institutions both at local and regional levels and to provide financial and other support incidental to such institutions and for matters connected therewith.

NHB registers, regulates and supervises Housing Finance Company (HFCs), keeps surveillance through On-site & Off-site Mechanisms and co-ordinates with other Regulators.

North Eastern Development Finance Corporation Ltd. (NEDFi) was incorporated as a Public Limited Company under the Companies Act, 1956, on August 9, 1995 with an authorized share capital of Rs. 100 crores with its registered head office as Guwahati, Assam.

NEDFi is promoted by All India Financial Institutions – IDBI, SBI, ICICI Ltd., IFCI, SIDBI, LICI, SUUTI, GIC and its subsidiaries. It was notified as a Public Financial Institution in July 1996 under sec 4-A of the Companies Act 1956.

NEDFi is also categorized as NBFC-Loan Company and was registered with the Reserve Bank of India as a non-deposit taking NBFC.

Travel Documents

Please make sure that you have all the documents/personal needs/subsistence allowance prior to your departure for New Delhi, India. These should include:

  • Roundtrip ticket (itineraries confirmed);
  • Valid passport with a validity period of at least six months beyond the time of stay allowed in New Delhi and visa stamped to enter New Delhi (if needed);
  • Official letter of invitation from the Host
  • Program of activities;
  • Personal medicines; and,
  • Personal travel accident insurance

For emergency assistance, the following mobile phone numbers to contact is:

  1. EXIM Bank
  2. Mr. Sarvesh Kumar, AGM, IDBI Bank – +91 8750777999

Foreign nationals must be in possession of a current passport or other internationally recognized travel document. They must be endorsed for traveling to India and have a period of validity of at least six months beyond the time of stay allowed in India. Foreign nationals who require a visa to enter India must apply and obtain a visa in advance at Indian Representative Offices abroad before entering the country. (Please refer to Section G on the list of countries that need visa to enter India).

Arrival Information

All arrival/departure details need to be communicated to the following Officers of ADFIAP Secretariat c/o Ms. Sandy Lim via email: [email protected]; and EXIM Bank c/o Ms. Dilnavaz Heerjee via email:[email protected] with cc to [email protected].

Conference Fee

Attendance to the 41st ADFIAP Annual Meeting is free of charge for ADFIAP members.

Hotel Accommodation/Travel Costs

Majority of the delegates will be booked at the ITC Maurya New Delhi (pls. refer below for contact details and hotel rates). Hotel accommodation and travel costs will be borne by the delegates.

Hotel Contact Details

ITC Maurya New Delhi
Diplomatic Enclave, Sardar Patel Marg
New Delhi, INDIA
Phone Number: +91 11 2611 2233
E-mail Address; [email protected][email protected]

Hotel rates

  • Standard room single/double @ INR 15360/- nett per room night (inclusive of breakfast & basic internet access)
  • Deluxe room @ INR 17920/- nett per room night (inclusive of breakfast & basic internet access)
  • Towers Category Rooms @INR 22400/- nett per room night (inclusive of breakfast, wifi and 2 way airport transfer)

Conversion of US Dollar to Indian Rupees: US$1.00 = INR 64.4459 (as of Nov. 29, 2017)

  • The above room rate is quoted in Indian Rupees inclusive of taxes
  • Rate includes buffet breakfast
  • Free in-room Wifi service.


Association of Development Financing Institutions in Asia and the Pacific (ADFIAP)
2nd Floor, Skyland Plaza, Senator Gil Puyat Avenue
Makati City 1200, PHILIPPINES
Tel. No.: +63-2 816 1672/843 0932
Fax No.: +63-2 817 6498

Contact Persons
Ms. Sandy I. Lim, Executive, Membership Services
E-mail: [email protected]
Mobile No.: +63 920 907 3882

Mr. Enrique I. Florencio, Executive, Knowledge Management & Sustainability Officer
E-mail: [email protected]
Mobile No.: +63 932 887 9975

Accompanying Persons Program

Accompanying persons are invited to join the following activities:

Feb. 20, Tuesday
9:30 am to 3:30 pmTour/Shopping
7:30 pm to 10:30 pmWelcome Dinner/Awards Night
Feb. 21, Wednesday
9:30 am to 3:30 pmTour/Shopping
7:30 pm to 10:30 pmFarewell/Gala Dinner/Gift Exchange


Note: For the exchange gift activity, all delegates, their respective accompanying persons, and secretariat who wish to join should bring each a special gift preferably something unique from their respective countries.

Feb. 22, Thursday
9:00 am to 4 pmFellowship Day: Tourism Sites


(Note: Lunch will be served at a local restaurant to be announced later)


Here is the list of countries that are exempted from having a pre-arranged visa to visit India:

Citizens of countries allowed visa-free entry to India

  • Bhutan
  • Maldives (Up to 90 days stay)
  • Nepal

Note: Citizens of these nations are offered visa-free entry to India only if they do not arrive from mainland China.

Visa exemption for Persons of Indian Origin Card

Visitors having a Persons of Indian Origin Card are exempted from having a visa to enter India, provided they are not citizens of the following nations:

  • Afghanistan
  • Bangladesh
  • Bhutan
  • China
  • Nepal
  • Pakistan
  • Sri Lanka

Citizens of countries allowed visa on arrival to India

India has plans to grant visa on arrival to 180 countries. As of now, India grants visa on arrival to the citizens of the following nations, provided they are not of Bangladeshi or Pakistani origin:

  • Cambodia
  • Finland
  • Indonesia
  • Japan
  • Laos
  • Luxembourg
  • Myanmar
  • New Zealand
  • Philippines
  • Singapore
  • South Korea
  • Vietnam


  • Visa on arrival is granted for a period of 30 days
  • Visa on arrival is valid for single entry only
  • Visa on arrival is granted for the purpose of tourism only.
  • Only two visits on a Tourist Visa-on-Arrival is permissible in a calendar year.
  • There must be a gap of at least two months between each vis

Customs Regulations

What You Can Bring into India — You can bring as much foreign currency into India as you like; if you have over $10,000 in cash or traveler’s checks, however, you should complete a declaration form. You may not import Indian currency into India. In addition to your personal effects, you are allowed 2 liters of alcohol, and 200 cigarettes or 50 cigars. (Know that foreign liquors and imported cigarettes are very heavily taxed and in some areas difficult to come by.) You may carry a cellphone, camera, and pair of binoculars, but officially you may have only five rolls of film. You must complete a special Tourist Baggage Re-Export Form if you are carrying valuables such as a laptop computer, major video equipment, special camera gear, or high-value jewelry. Although there is a strong possibility that you may encounter difficulties upon leaving if these forms are not completed, you’ll discover a general malaise among Customs officials, who seldom hassle foreign visitors on international flights. Also, much of the bureaucratic heavy-handedness has eased in recent years, and there is less suspicion of foreign travelers. In fact, arrival in India is incredibly straightforward and generally hassle-free.

What You Can Take Home from India — You may not export Indian currency. Exchange all notes at the airport before you depart. Note that airport money-changers frequently run out of certain currencies, so you might want to complete any exchange before you go to the airport. There is a restriction on the exportation of anything over 100 years old, particularly works of art and items of cultural significance. It is illegal to export animal or snake skins, ivory, shatoosh wool, or anything that has been produced using these materials. Generally, jewelry valued under Rs 10,000 may be exported, while gold jewelry valued up to Rs 2,000 is allowed.


Delegates are requested to register on Monday, February 19, at Lobby Level, Hotel ITC Maurya.

Departure Arrangements

All delegates/accompanying persons are requested to reconfirm their flights with the Secretariat team and should be ready at the hotel lobby 3 hours prior to their flight departure time.

All delegates/accompanying persons will be brought to the airport for their respective departures through transport facilities arranged by the host. The Secretariat team will issue a circular notice informing delegates on what time they need to be at the hotel lobby prior to their respective flight departures.

Programme of Activities

Monday, 19 February 2018
10:00 am – 6:00 pm
Registration of Delegates

Venue: Hotel Lobby
*For foreign delegation arriving on February 20, registration venue will be at hotel lobby. from 9 am to 12 noon.
**For Indian delegation, a second desk will be operational outside Kamal Mahal on Feb. 20th, from 12 noon onwards.

2:00 pm – 5:00 pm
Cleantech Finance Lab: Scaling Cleantech Innovation and Financing

Venue: Chaitya Banquet Room, ITC Maurya, New Delhi

Tuesday, 20 February 2018
8:30 am – 10:30 am
87th ADFIAP Board of Directors Meeting

Venue: Chaitya Banquet Room, ITC Maurya, New Delhi

Note: Group photo to be held after the board meeting

10:30 am – 11:00 am
Tea/Networking Break
11:00 am – 12:00 pm
Delegate-Meets-Delegate (D-m-D) session

D-m-D provides delegates the opportunity to meet and network with fellow delegates. Prior appointments must be arranged with the Secretariat.

Venue: Pre-Function Area Outside Kamal Mahal, ITC Maurya, New Delhi

12:00 pm – 1:15 pm
Networking Lunch

Venue: Kamal Mahal, ITC Maurya, New Delhi

1:15 pm – 3:00 pm
17th Ordinary Meeting of the General Assembly

Venue: Kamal Mahal, ITC Maurya, New Delhi

3:00 pm – 3:30 pm
Tea and Networking Break
5:00 pm – 6:30 pm
Official Opening

Welcome Remarks by a Representative of the Hosts

Opening Remarks:
Mr. Shivjee Roy Yadav
Chairman, ADFIAP and General Manager/CEO, NIDC Development Bank Ltd. (Nepal)

Mr. Rajiv Kumar
Secretary, Department of Financial Services, Ministry of Finance, Government of India

Keynote Address:
Mr. Arun Jaitley
Hon’ble Union Minister of Finance and Corporate Affairs, Government of India

Vote of Thanks by a Representative of the Hosts

7:00 pm – 7:15 pm
Rehearsal for Awardees of the ADFIAP Awards 2018

Kamal Mahal, ITC Maurya, New Delhi

8:00 pm – 10:30 pm
Welcome Dinner & Awards Night

Kamal Mahal, ITC Maurya, New Delhi

Wednesday, 21 February 2018
8:30 am – 8:45 am
Group Photo

(Business Attire or National Dress)

Venue: Kamal Mahal, ITC Maurya, New Delhi

9:00 am – 10:00 am
Plenary Session 1: Agriculture & Rural Development

Session Moderator: Mr. Isidro A. Sobrecarey, President, New Rural Bank of Agoncillo, Philippines

Panel of Speakers:
Dr. Harsh Kumar Bhanwala, Chairman, National Bank for Agriculture and Rural Development (NABARD), India
Puan Masaat binti Awadz, Acting President/CEO and Chief Financial Officer, AGROBANK, Malaysia
Ms. Anna Mendiola, President and Chief Executive Officer, FSM Development Bank, Federated States of Micronesia

10:00 am – 11:00 am
Plenary Session 2: Affordable Housing

Session Moderator : Mr. Sriram Kalyanaraman, Managing Director & Chief Executive Officer, National Housing Bank, India

Panel of Speakers:
Ms. Rula Levi, Chief Executive Officer, Samoa Housing Corporation
Mr. Zaigham Mahmood Rizvi, Expert Consultant, Affordable Housing & Energy Poverty and Secretary General, Asia Pacific Union for Housing Finance (APUHF)
Dr. Charan Singh, Director, National Housing Bank and Full Time Visiting Faculty, Indian Institute of Management, Bangalore

11:00 am – 11:30 am
Networking Break (Coffee/Tea Break)
11:30 am – 12:15 pm
Plenary Session 3: MSME & Entrepreneurship

Session Moderator: Dr. Sailendra Narain, Honorary Member, ADFIAP Formerly Chairman & MD, Centre for SME Growth and Development Finance, India

Panel of Speakers:
Dato’ Syed Kamarulzaman bin Dato’ SZBK Shahabudin, Managing Director, Perbadanan Nasional Berhad, Malaysia
Datuk Mohd Zamree Mohd Ishak, President & CEO, Credit Guarantee Corporation Malaysia Berhad
Dr. Sunil Shukla, Director, Entrepreneurship Development Institute of India
Mr. Rajan Ashok Uttamchandani, Chairman and CEO, Esquire Financing Inc., Philippines

12:30 pm – 1:30 pm
1:30 pm – 2:45 pm
Plenary Session 4: Infrastructure Development

Session Moderator: Mr. Gurudeo Madhukar Yadwadkar, Deputy Managing Director, IDBI Bank Ltd.

Panel of Speakers:
Mr. Sergey Vasiliev, Deputy Chairman, Vnesheconombank ( Russian Federation)
Mr. B. Paul Muktieh, Chairman & Managing Director, North Eastern Development Finance Corporation Ltd., India
Mr. Edwin Syahruzad, Director of Financing & Investment, PT Sarana Multi Infrastruktur (Persero), Indonesia
Mr. Batbayar Balgan, Chief Executive Officer, Development Bank of Mongolia

2:45 pm – 3:15 pm
Tea Networking Break
3:15 pm – 4:00 pm
Plenary Session 5: Trade Finance

Sub Session 1: Building Resilient Trade Finance Architecture

Session Moderator: Mr. Debasish Mallick, Deputy Managing Director, Export-Import Bank of India

Panel of Speakers:
Mr. Daniel Schmand, Chairman, Banking Commission, International Chamber of Commerce, Paris, France and Head of Trade Finance, Deutsche Bank
Ms. Mariia Minaeva, Phd., Head of Trade Finance, International Investment Bank, Russian Federation
Mr. Siddhartha Sengupta, Deputy Managing Director, State Bank of India
Dr. C.P. Chandrashekhar, Professor, Jawaharlal Nehru University

4:00 pm – 5:00 pm
Plenary Session 5: Trade Finance

Sub Session 2: Promoting Intra Regional Trade through ECA Financing and Risk Mitigation

Session Moderator: Mr. David Rasquinha, Managing Director, Export-Import Bank of India

Panel of Speakers:
Mr. Vinco David, Secretary General, Berne Union
Dr. Biswajit Dhar, Professor, Jawaharlal Nehru University
Dr. Bejoy Das Gupta, Former Chief Economist, Institute of International Finance
Ms. Diana Smallridge, President International Financial Consulting Ltd., Canada
Ms. Padmavathy R., General Manager, Export Credit Guarantee Corporation of India

5:30 pm
Valedictory Address

Mr. Suresh Prabhu (invited)
Hon’ble Union Minister for Commerce & Industry, Government of India

6:30 pm
Drafting of the New Delhi Declaration
7:45 pm – 8:00 pm
Exchange Gifts

Note: For the exchange gift activity, all delegates, their respective accompanying persons, secretariat who wish to join should bring each a special gift preferably something unique from their respective countries.

Venue: Kamal Mahal, ITC Maurya, New Delhi

8:00 pm – 10:30 pm
Cultural program & Closing Dinner
Thursday, 22 February 2018
9:00 am – 5:00 pm
Fellowship Day: Delhi Tourism Sites

Two Options:
1) Visit to interesting sites in New Delhi will be arranged by the Host (complimentary)
2) Visit to Taj Mahal will be arranged by the Host (delegates’ and accompanying persons’ expense)

5:00 pm – 11:00 pm
To be dropped at Airport / hotel as per advance intimation of guest

President and Chief Executive OfficerCredit Guarantee Corporation Malaysia Berhad

ChairmanNational Bank for Agriculture and Rural Development (NABARD), India

Formerly Chairman & MDCentre for SME Growth and Development Finance

DirectorEconomic Development Institute of India

Chief Executive OfficerPag-IBIG Fund, Philippines

Chairman & Managing DirectorNorth Eastern Development Finance Corporation Ltd., India

Chief Executive OfficerDevelopment Bank of Mongolia

Deputy DirectorInternational Finance Department, Business Administration,China Development Bank

Managing DirectorExport-Import Bank of India

First Senior Vice PresidentPhilippine Export-Import Credit Agency

Managing Director and Chief Executive OfficerIDBI Bank Ltd.

Managing Director/CEOIDBI Bank Ltd.

President & Chief Executive OfficerBusiness Development Bank of Canada

Chairman of the BoardInternational Investment Bank, Russian Federation

Chairman and CEOEsquire Financing, Inc., Philippines

Chairman and Managing DirectorNational Small Industries Corporation, India

ChairmanVnesheconombank, Russian Federation

Chief Executive OfficerNational Housing Bank, India

President/CEO,Export-Import Bank of Malaysia

Chief Executive OfficerSamoa Housing Corporation

Acting President/CEO and Chief Financial OfficerAGROBANK, Malaysia