Board of Directors
The Alliance for Financial Inclusion’s work is driven by its members and overseen by 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.
The AFI Board of Directors are supported by high-level committees that it establishes to provide specialized support in accordance to the respective Committee’s Terms of Reference.
Audit Committee: AFI’s Audit Committee provides oversight of AFI’s financial reporting process, controls, audit functions, and risk management. Members are: Royal Monetary Authority of Bhutan, Banque de la République du Burundi, Banco Central de Reserva de El Salvador, Banque de la République d'Haiti 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 for AFI’s engagement and peer learning initiative with international Standard-Setting Bodies, and oversees policy and programs initiatives proposed by AFI Working Groups and AFI Management Unit. 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 on advancing and promoting women’s financial inclusion in the AFI Network. 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.