Board of Directors

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.

Board Chair and Governor of Bangladesh Bank
Board Vice-Chair and Governor of Central Bank of Egypt (Alternate: Mrs. Lobna Helal, Deputy Governor)
President, Consejo Nacional De Supervisión Del Sistema Financiero, Superintendencia General De Entidades Financieras Costa Rica (Alternate: Sr. Bernardo Alfaro, Superintendente)
Governor of Bank of Ghana (Alternate: Ms. Elsie Addo Awadzi, Second Deputy Governor)
Governor of the Central Bank of the Russian Federation (Alternate: Mr. Sergey Shvetsov, First Deputy Governor)
Chair of the Financial Regulatory Commission of Mongolia
Governor of Central Bank of Samoa (Alternate: Mr. Gilbert Wongsin, Assistant Governor)
Governor of Banque Centrale Des États De L'afrique De L'ouest (BCEAO) (Alternate: Dr. Norbert TOE, Vice Governor)
Deputy Director, Financial Services for the Poor, Bill & Melinda Gates Foundation
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: Banque de la République d'Haiti (Chair), Banco Central de Reserva de El Salvador (Vice-Chair), Royal Monetary Authority of Bhutan, Banque de la République du Burundi, and Banco de Moçambique.

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: Reserve Bank of Fiji (Chair), Palestine Monetary Authority (Vice-Chair), Bank Negara Malaysia, National Bank of Rwanda, Da Afghanistan Bank 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: Central Bank of Kenya (Chair), Central Bank of the Russian Federation (Vice-Chair), Bangladesh Bank, Reserve Bank of Malawi, Comisión Nacional Bancaria y de Valores (CNBV) Mexico and Banco Central del Paraguay.

Gender and Women’s Financial Inclusion Committee: AFI’s Gender and Women’s Financial Inclusion 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: Bank of Zambia (Chair), Central Bank of Egypt (Vice-Chair), Central Bank of Lesotho, National Bank of Rwanda, National Bank of Cambodia, Banco Central de Reserva de El Salvador and Da Afghanistan Bank.

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.