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, Central Bank of Tunisia, 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 .
Advisory Group: AFI’s Advisory Group provides strategic advice to the AFI Board of Directors and Management Unit in order to promote sustainable value to AFI members with the ultimate goal of achieving AFI’s vision. Members are generally partners (non-AFI members) who provide external stakeholder perspective on financial inclusion and may include AFI’s funding partners, intellectual partners, and experts in financial inclusion global advocacy.
Donor Consultative Council: The Donor Consultative Council comprises all funders in the AFI network and provides consultative advice to the AFI Management Unit to promote sustainable value to AFI members with the goal of achieving AFI’s vision, particularly focusing on the sustainability of AFI, as well as resource mobilization and financial support for AFI’s programs and activities.