November 8, 2023, Abuja, Nigeria: The 95th Special Board of Directors Meeting of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) was successfully held on November 8, 2023, at the Baichi Meeting Room in the prestigious Transcorp Hotel, Abuja, Nigeria. The meeting brought together esteemed board members from various member institutions to discuss critical matters, set strategic directions, and reinforce ADFIAP’s commitment to fostering sustainable development in the region.

Presided by the ADFIAP Senior Member of the Board, Dr. Sayed Ali Heidari, the meeting commenced with a warm welcome to all attendees, acknowledging the significance of their presence and the collective expertise they bring to the table. The agenda covered a wide range of topics aimed at strengthening ADFIAP’s role as a catalyst for economic growth and prosperity.

One of the key highlights of the meeting was the approval of the proposed 2024 budget among the attending members of the Board. After thorough deliberation and analysis, the board members gave their unanimous consent, demonstrating their confidence in the financial plans designed to support ADFIAP’s strategic initiatives. The approved budget (which was initially approved by the Subcommittee on Finance) will enable the organization to continue its mission of promoting sustainable development finance and fostering collaboration among its members.

The meeting also provided an opportunity to acknowledge the accomplishments of the ADFIAP Secretariat from June to October 2023. The Secretariat’s dedicated efforts in advancing ADFIAP’s goals and objectives were recognized and applauded by the board members, who expressed their appreciation for the team’s exceptional work.

As the meeting concluded, Dr. Sayed Ali Heidari expressed gratitude to all participants for their active engagement, insightful contributions, and commitment to ADFIAP’s vision. The decisions made and strategic directions set during the 95th Special Board of Directors Meeting will guide ADFIAP’s future growth and strengthen its position as a leading development finance institution in Asia and the Pacific.