ADFIAP holds 82nd board meeting in Manila

IMG_1574The ADFIAP Board of Directors held its 82nd meeting on December 7, 2015 during the CEO Forum XI (see separate story) held at the New World Hotel in Manila, Philippines. The meeting was presided by the Board Chair, Mr. Pema Tshering, President& CEO, Bhutan Development Bank.

During the meeting, the Board approved and confirmed the following: minutes of the 81st ADFIAP Board of Directors Meeting held on May 13, 2015 in Nha Trang, Vietnam; membership of the Center for Affordable Settlements and Housing; Khanh Hoa Development Investment Fund; Quang Nam Development Investment Fund; Export Development Bank of Iran; and Bank Hekmat Iranian; venue of the 39th ADFIAP Annual Meetings which will be held on May 2-5, 2016 in Apia, Samoa to be hosted by the Development Bank of Samoa, Samoa Housing Corporation, National Bank of Samoa and the Samoa National Provident Fund; 3rd Joint AADFI-ADFIAP CEO Forum XII and 84th Board Meeting to be held in Gabarone, Botswana and to he hosted by the African Association of DFIs (AADFI) on November 9-11, 2016.

The Board also provided directions and additional inputs on the proposed potential roles for ADFIAP in coping up with the trends impacting development finance institutions like (i) deepening regional integration; (ii) accelerating industrialization urbanization; and (iii) financing sustainable development goals (SDGs). These proposed potential roles incudes ADFIAP as a “knowledge bank” for project finance and long-term planning; “market incubator coordinator” for strategic projects; and “facilitator” for public and private cooperation”.

The ADFIAP Board meets twice a year to review policies, plans, and direction of the Association as well as approved and confirm matters brought to its attention by the Secretariat.