[Manila, January 5, 2024] – The Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) has announced a significant transition in its leadership. Following the decision of Chairman Mominul Islam to step down from his position and not continue his term, the organization has appointed the 1st Vice Chair, Mr. Saud Minam, CEO of Fiji Development Bank to continue the term of Chairman and preside over all official meetings and invitations.
In assuming the position of Chairman, Mr. Minam brings with him a wealth of experience and a deep commitment to the values and objectives of ADFIAP. His leadership is expected to usher in a new chapter for the organization, building upon the strong foundation laid by his predecessor.
The Board of Directors and the entire ADFIAP community express their deep gratitude to Mr. Mominul Islam for his exemplary service and extend their full support to Mr. Saud Minam as he takes on his new role.
As ADFIAP embarks on this new phase, it remains steadfast in its commitment to promoting sustainable development and fostering collaboration among development financing institutions across Asia and the Pacific. The organization looks forward to the continued support and engagement of its members and partners as it strives to achieve its mission under the leadership of Chairman Saud Minam.