Message from the Chairman

Datuk Wan Azhar Wan Ahmad On behalf of the ADFIAP Board of Directors, I wish to invite all members, partners and associates to join us in Moscow on April 23-25, 2014 for the 37th Annual Meetings of your Association.

Our gracious host, Vnesheconombank (VEB), has put together three exciting days of learning, sharing experiences, meeting old as well as new friends and networking with colleagues. We can look forward to an authentic Russian hospitality offered by VEB amidst the natural beauty of its landscape and warmth of its people.

The theme of this year’s conference, “Development Banking: Best Practices and Future Trends”, aims to showcase the important role of development banks, the key areas of their work and advocacy on financing and advancing sustainable development – in infrastructure finance, in green finance and in financial inclusion initiatives. Looking ahead and as part of this conference, CEOs will provide their thoughts on what development banking will be like in the future.

The 3-day programme includes the 79th Board of Directors meeting, the 15th Extra-Ordinary Meeting of the General Assembly, the ADFIAP Awards 2014, the Conference Proper, the Delegates-meet-Delegates Session, Welcome and Gala Dinners, the Fellowship Day and Cultural Tour and many more interesting side events and programs. Within these activities is a one-day International SME Forum organized by VEB to be attended by other organizations from around the world.

The comprehensive programme put together by VEB will be interesting and I believe all of you are as excited to be there in Moscow for the 37th Annual Meetings. I am looking forward to meeting and greeting all of you personally.

Warmest regards.

Datuk Wan Azhar Wan Ahmad
Managing Director, Credit Guarantee Corporation Malaysia Berhad
and Chairman, ADFIAP

Message from the Host

_DSC5865+185x185 Dear colleagues, dear friends, dear partners!

I would like to express my warmest thanks to Datuk Wan Azhar Wan Ahmad, Chairman of ADFIAP’s Board of Directors, to Mr. Octavio B. Peralta, ADFIAP Secretary General, and all the ADFIAP team for the opportunity offered to Vnesheconombank to host the 37th ADFIAP Annual Meeting 2014 in Russia. Having obtained the status of the national development bank in 2007, Vnesheconombank has been continuously and actively promoting cooperation with leading international financial organizations and development institutions. The upcoming event is even of a greater importance for us since we will be hosting it in the year of the 90th anniversary of Vnesheconombank’s foundation.

It was with Vnesheconombank’s engagement that the issue of long-term investment was put on the agenda during the Russian Presidency in G20 in 2013. In July 2013 Vnesheconombank successfully held the international conference «Sustainable growth through long-term investment» that gathered around 50 different national and multilateral development banks and the Meeting of the heads of G20 financial institutions that have a development or public mandate. Both events evidentiated that against the backdrop of the economic downturn, budget deficits and looming sovereign debts, development banks tend to play an important role in ensuring the real economy’s access to primarily long term financial resources both at national and transnational level.

In my opinion, the time has come for development institutions to reach a new milestone. Admittedly, it is the financial institutions that are the most important sources of long-term investment. In view of this, development institutions, equipped with revised strategies, are gradually becoming global players. In many respects, their initiatives and active investment policies impact the local financial environment. Moreover, development institutions exert an increasingly significant impact on the global financial architecture. Active support by national development institutions is crucially important for those programs and projects, which require long term financing, in sectors such as national and trans-border infrastructure, green, innovative and inclusive growth projects, and projects on mitigation of climate change and its aftereffects, as well as systemic support to SMEs and entrepreneurship.

This year in close coordination with ADFIAP Secretariat we decided to pay more focused attention to the issue of SME development in our countries. For the last 20 years Russia has passed a long way of SME development and today on the one hand we would like to share our experience with the ones who are going through the same process, but on the other – to examine our partner’s savoir-faire in boosting SME entrepreneurship.

I look forward to welcoming you in Moscow on 23-25th of April, 2014 and I hope that both – our sessions program and leisure activities would satisfy your professional appetite and leave the most positive impressions.

Vladimir Dmitriev
Chairman, State Corporation “Bank for Development and
Foreign Economic Affairs (Vnesheconombank)”