Нэмэгдсэн: 2017-09-29 08:28:00

Dr. Davaasuren Sodnomdarjaa, Chairman of the Financial Regulatory Commission /FRC/ of Mongolia was elected as member of AFI Board of Director representing 114 central banks and regulatory organizations of 95 countries around the globe. AFI is the world’s leading member-based organization on financial inclusion and policy with a vision of extending financial products and services to every individuals.

The annual Global Policy Forum organized by AFI was convened this year from 13-15, September in Sharm El Sheikh, Egypt. During the Forum, the participants discussed the AFI Annual Report, defining its next year’s objectives and goals, and established its new Board of Directors. Board members are elected through careful set of selection criteria based on the candidates’ knowledge, competence, expertise and influential role in the region. 



The Board of Directors provides overall strategic guidance on financial inclusion ensuring their member countries’ participation for implementation; appoints, approves, and evaluates executive management, council, board committees and verifies their joint decisions made on areas in the promotion of global financial inclusion policy.   

The new Board of Directors will be led by Board Chair Mr. Isaac Sidney M.Ferreira, the Deputy Governor of Banco Central Do Brasil, and Board Vice-Chair, Mr. Fazle Kabir, the Governor of Bangladesh Bank.

The Board of Directors consists of Mr. Luis Delgado, the Chairman of National Financial Supervisory Authority of Costa Rica, and central bank governors from Russia, Ghana, Egypt, Samoa; in addition to the Chairman of the FRC of Mongolia.

Mr. Jason Lamb, Deputy Director of Financial Services for the Poor, Bill & Melinda Gates Foundation and Mr. Alfred Hannig, AFI Executive Director will act as non-voting observers.

The FRC became a member of the AFI in 2010; and during last year’s Global Policy Forum in Fiji FRC representations joined all 6 AFI working groups upon the chairman’s initiative. Working groups generate and nurture on key financial inclusion issues including Consumer Empowerment and Market Conduct, Financial Inclusion Strategy, Financial Inclusion Data, Proportionate Application of Global standards, Digital Financial Services and SME Finance. Her appointment to the Board of Directors is a proof of acknowledgement on her sound financial inclusion policy.