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Text Content

 


 * About
   Us
 * Online
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 * Data
   Portal
 * 

 * Guidance
 * Implementation
 * Agenda Setting
 * 
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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
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