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* About Us * Online Training * Data Portal * * Guidance * Implementation * Agenda Setting * * * Guidance * Working Groups * Consumer Empowerment & Market Conduct (CEMCWG) * Digital Financial Services (DFSWG) * Financial Inclusion Data (FIDWG) * Financial Inclusion Strategy (FISPLG) * Global Standards Proportionality (GSPWG) * Inclusive Green Finance (IGFWG) * SME Finance (SMEFWG) * Other Thematic Areas * Forcibly Displaced Persons (FDPs) * Gender Inclusive Finance * Inclusive Green Finance (IGF) * Inclusive FinTech * Youth Financial Inclusion * COVID-19 * Publications Implementation * In-Country Implementation * Regional Initiatives * African Financial Inclusion Policy Initiative (AfPI) * Eastern Europe & Central Asia Policy Initiative (ECAPI) * Financial Inclusion for the Arab Region Initiative (FIARI) * Financial Inclusion Initiative for Latin America and the Caribbean (FILAC) * Pacific Islands Regional Initiative (PIRI) * Capacity Building * Member Training * Joint Learning Program * Public Private Dialogue * Certified Expert in Financial Inclusion Policy (CEFI) Agenda Setting * Maya Declaration * Accords * Global Policy Forum (GPF) * AFI Global Financial Inclusion Awards * Leaders’ Perspectives * Executive Director Reflections * Newsroom * News * Speeches * Blogs * Photos * Videos * Events Calendar * About Us * Online Training * Data Portal * Members * Governance * Management * Donors & Partners * Careers * Contact Us * Procurement GOVERNANCE The Alliance for Financial Inclusion’s work is driven by its members under the oversight of the AFI Board of Directors. The Board of Directors provides overall strategic guidance on the future direction of AFI, offering innovative ideas and advice on meeting objectives, identifying new opportunities and building the AFI network. More information on AFI’s governance is available in the Articles of Association. Dr. Jesús de la Fuente Rodríguez Board Chair and President, Comisión Nacional Bancaria y de Valores (CNBV) Mexico Ariff Ali Board Vice-Chair and Governor, Reserve Bank of Fiji Martin Galstyan Governor, Central Bank of Armenia Maha Prasad Adhikari Nepal Rastra Bank Dr. Patrick Njoroge Governor, Central Bank of Kenya José Cantero Sienra President, Banco Central del Paraguay Neav Chanthana Deputy Governor, National Bank of Cambodia Dr. Karamo KABA Governor, Banque Centrale de la République de Guinée Nadia Gamha Deputy Governor, Central Bank of Tunisia Dr. Alfred Hannig AFI Executive Director and Secretary to the AFI Board of Directors THE BOARD COMMITTEES In carrying out its oversight role, the AFI Board of Directors receives specialized support from the committees of the Board in accordance to the respective Committee’s Terms of Reference. Audit Committee: AFI’s Audit Committee provides oversight of AFI’s process assurance, internal controls and risk management. Members are: Banco Central de Reserva de El Salvador, Royal Monetary Authority of Bhutan, Banque de la République du Burundi, Banco de Moçambique and Bank of Tanzania. Audit Committee Charter Budget and Finance Committee: AFI’s Budget and Finance Committee provides oversight of AFI’s financial strategy and management of financial resources, which include membership fees and donor funding. Members are: Central Bank of The Gambia, Bank of Papua New Guinea, Superintendencia de la Economía Popular y Solidaria de Ecuador, Bank of Uganda, Central Bank of the Republic of Uzbekistan and Bill & Melinda Gates Foundation. Budget and Finance Committee TOR Global Standards and Policy Committee: AFI’s Global Standards and Policy Committee provides guidance and advice on AFI’s engagement and peer learning initiative with international Standard-Setting Bodies, endorses Financial Inclusion Policy Models developed by AFI's Working Groups and oversees policy and programs initiatives in the AFI network. Members are: Royal Monetary Authority of Bhutan, Banco Central de Reserva de El Salvador, Central Bank of The Gambia, Palestine Monetary Authority, Bangko Sentral ng Pilipinas, Bank of Tanzania and Bank of Zambia. GSP Committee TOR Gender Inclusive Finance Committee: AFI’s Gender Inclusive Finance Committee provides leadership in advancing and promoting women’s financial inclusion in the AFI network and the implementation of the Denarau Action Plan. Members are: Bangladesh Bank, Bank of Ghana, Bank Al-Maghrib Morocco, Palestine Monetary Authority, Banco Central del Paraguay, Bank of Uganda and Reserve Bank of Zimbabwe . GWFIC TOR Investment Committee : AFI’s Investment Committee oversees the governance and management of the AFI Endowment Fund and supports the Board in monitoring the investment strategies, performance and effectiveness of the AFI Endowment Fund according to Board-approved AFI Endowment Fund Policy and Investment Guidelines. Members are: Central Bank of Seychelles (Chair), Nepal Rastra Bank (Vice-Chair), Central Bank of the Bahamas, Central Bank of Egypt, and Banco Central de Timor-Leste. Investment Committee TOR Intergovernmental Organization (IGO) Special Committee : AFI’s Intergovernmental Organization (IGO) Special Committee oversees the process of transitioning AFI to IGO status and to provide strategic guidance to the Board and Management Unit on the legal form and structure of the prospective IGO. Members are: Banco Nacional de Angola, Bangladesh Bank, Banque de la République du Burundi, Superintendente de Bancos Ecuador, Bank Al-Maghrib, Central Bank of Nigeria and Centrale Bank van Suriname. IGOSC TOR THE BOARD COMMITTEES In carrying out its oversight role, the AFI Board of Directors receives specialized support from the committees of the Board in accordance to the respective Committee’s Terms of Reference. Audit Committee AFI’s Audit Committee provides oversight of AFI’s process assurance, internal controls and risk management. Members are: Banco Central de Reserva de El Salvador, Royal Monetary Authority of Bhutan, Banque de la République du Burundi, Banco de Moçambique and Bank of Tanzania. Budget and Finance Committee AFI’s Budget and Finance Committee provides oversight of AFI’s financial strategy and management of financial resources, which include membership fees and donor funding. Members are: Central Bank of The Gambia, Bank of Papua New Guinea, Superintendencia de la Economía Popular y Solidaria de Ecuador, Bank of Uganda, Central Bank of the Republic of Uzbekistan and Bill & Melinda Gates Foundation. Global Standards and Policy Committee AFI’s Global Standards and Policy Committee provides guidance and advice on AFI’s engagement and peer learning initiative with international Standard-Setting Bodies, endorses Financial Inclusion Policy Models developed by AFI's Working Groups and oversees policy and programs initiatives in the AFI network. Members are: Royal Monetary Authority of Bhutan, Banco Central de Reserva de El Salvador, Central Bank of The Gambia, Palestine Monetary Authority, Bangko Sentral ng Pilipinas, Bank of Tanzania and Bank of Zambia. Gender Inclusive Finance Committee AFI’s Gender Inclusive Finance Committee provides leadership in advancing and promoting women’s financial inclusion in the AFI network and the implementation of the Denarau Action Plan. Members are: Bangladesh Bank, Bank of Ghana, Bank Al-Maghrib Morocco, Palestine Monetary Authority, Banco Central del Paraguay, Bank of Uganda and Reserve Bank of Zimbabwe . Investment Committee AFI’s Investment Committee oversees the governance and management of the AFI Endowment Fund and supports the Board in monitoring the investment strategies, performance and effectiveness of the AFI Endowment Fund according to Board-approved AFI Endowment Fund Policy and Investment Guidelines. Members are: Central Bank of Seychelles (Chair), Nepal Rastra Bank (Vice-Chair), Central Bank of the Bahamas, Central Bank of Egypt, and Banco Central de Timor-Leste. Intergovernmental Organization (IGO) Special Committee AFI’s Intergovernmental Organization (IGO) Special Committee oversees the process of transitioning AFI to IGO status and to provide strategic guidance to the Board and Management Unit on the legal form and structure of the prospective IGO. Members are: Banco Nacional de Angola, Bangladesh Bank, Banque de la République du Burundi, Superintendente de Bancos Ecuador, Bank Al-Maghrib, Central Bank of Nigeria and Centrale Bank van Suriname. Previous Sharm El Sheikh Accord on Financial Inclusion, Climate Change & Green Finance The Sharm El Sheikh Accord on Financial Inclusion, Climate Change and Green Finance, was endorsed by an overwhelming 94% of the AFI membership. Read the factshe Read more Sochi Accord: FinTech for Financial Inclusion FinTech is leading to rapid innovations in the financial services industry by broadening financial access "at scale" and improving the affordability and quality Read more 2017 AFI Financial Report Download the 2017 AFI Financial Report to learn more about the organization's financial position. Read more 2017 AFI Annual Report Since AFI’s independence in 2016, AFI members’ leadership and resolve has led to the network achieving strong results shown by the significant increase in Read more PIRI Financial Inclusion 2017 Status Report This special report was prepared for AFI members in the Pacific Islands region to showcase the progress of their financial inclusion journey. Read more 2020 AFI Annual Report Despite the challenges faced, AFI members reported a total of 137 policy and regulatory changes in 73 countries in 2020. Read more. Read more Statement on Post-COVID-19 Recovery AFI Statement on Post-COVID-19 Recovery aims to enhance the network’s commitment on restoring the momentum for achieving financial inclusion goals Read more 2019 AFI Annual Report In 2019, members reported 682 policy and regulatory changes in 79 developing and emerging economies. These policy changes have helped members address priority f Read more Kigali Statement: Accelerating Financial Inclusion for Disadvantaged Groups Accelerating financial inclusion for disadvantaged groups Read more Denarau Action Plan: The AFI Network Commitment to Gender and Women’s Financial Inclusion Read more Sharm El Sheikh Accord on Financial Inclusion, Climate Change & Green Finance The Sharm El Sheikh Accord on Financial Inclusion, Climate Change and Green Finance, was endorsed by an overwhelming 94% of the AFI membership. Read the factshe Read more Sochi Accord: FinTech for Financial Inclusion FinTech is leading to rapid innovations in the financial services industry by broadening financial access "at scale" and improving the affordability and quality Read more 2017 AFI Financial Report Download the 2017 AFI Financial Report to learn more about the organization's financial position. Read more 2017 AFI Annual Report Since AFI’s independence in 2016, AFI members’ leadership and resolve has led to the network achieving strong results shown by the significant increase in Read more PIRI Financial Inclusion 2017 Status Report This special report was prepared for AFI members in the Pacific Islands region to showcase the progress of their financial inclusion journey. Read more 2020 AFI Annual Report Despite the challenges faced, AFI members reported a total of 137 policy and regulatory changes in 73 countries in 2020. Read more. Read more Statement on Post-COVID-19 Recovery AFI Statement on Post-COVID-19 Recovery aims to enhance the network’s commitment on restoring the momentum for achieving financial inclusion goals Read more 2019 AFI Annual Report In 2019, members reported 682 policy and regulatory changes in 79 developing and emerging economies. These policy changes have helped members address priority f Read more Kigali Statement: Accelerating Financial Inclusion for Disadvantaged Groups Accelerating financial inclusion for disadvantaged groups Read more Denarau Action Plan: The AFI Network Commitment to Gender and Women’s Financial Inclusion Read more Sharm El Sheikh Accord on Financial Inclusion, Climate Change & Green Finance The Sharm El Sheikh Accord on Financial Inclusion, Climate Change and Green Finance, was endorsed by an overwhelming 94% of the AFI membership. Read the factshe Read more Sochi Accord: FinTech for Financial Inclusion FinTech is leading to rapid innovations in the financial services industry by broadening financial access "at scale" and improving the affordability and quality Read more 2017 AFI Financial Report Download the 2017 AFI Financial Report to learn more about the organization's financial position. Read more 2017 AFI Annual Report Since AFI’s independence in 2016, AFI members’ leadership and resolve has led to the network achieving strong results shown by the significant increase in Read more PIRI Financial Inclusion 2017 Status Report This special report was prepared for AFI members in the Pacific Islands region to showcase the progress of their financial inclusion journey. Read more Next Explore Publications AFI is the world’s leading organization on financial inclusion policy & regulation. A member - owned network, we promote and develop evidence - based policy solutions that improve lives of the poor through the power of financial inclusion Guidance Working Groups Consumer Empowerment & Market Conduct (CEMCWG) Digital Financial Services (DFSWG) Financial Inclusion Data (FIDWG) Financial Inclusion Strategy (FISPLG) Global Standards Proportionality (GSPWG) Inclusive Green Finance (IGFWG) SME Finance (SMEFWG) Other Thematic Areas Forcibly Displaced Persons (FDPs) Inclusive Green Finance Inclusive FinTech Gender Inclusive Finance Youth Financial Inclusion COVID-19 Publications Implementation In-Country Implementation Regional Initiatives African Financial Inclusion Policy Initiative (AfPI) Eastern Europe & Central Asia Policy Initiative (ECAPI) Financial Inclusion for the Arab Region Initiative (FIARI) Financial Inclusion Initiative for Latin America and the Caribbean (FILAC) Pacific Islands Regional Initiative (PIRI) Capacity Building Agenda Setting Maya Declaration Accords Global Policy Forum (GPF) Financial Inclusion Awards Leaders’ Perspectives Executive Director Reflections Newsroom News Speeches Blogs Photos Videos Events Calendar Follow Us On Sign up today for and be the first to get notified of new updates. * About Us * Members * Governance * Management * Donor&Partners * Careers * Contact Us * Procurement * Copyright * Privacy Policy * Terms of Use © Alliance for Financial Inclusion 2009-2022