Governance

Audit Committee:

AFI’s Audit Committee provides oversight of AFI’s process assurance, internal controls and risk management. Members are: Bank of Tanzania, Central Bank of Lesotho, Bank of Sierra Leone, Central Bank of Jordan and Maldives Monetary Authority.

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: Bank of Papua New Guinea, Superintendencia de Economía Popular y Solidaria Ecuador, Bank of Uganda, Central Bank of the Republic of Uzbekistan, Palestine Monetary Authority 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: Bank of Zambia, Bank of Tanzania, Central Reserve Bank of El Salvador, Superintendencia de Economía Popular y Solidaria Ecuador, Bank Negara Malaysia, Central Bank of Jordan and Central Bank of Nigeria

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 .

GIF Committee 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, Nepal Rastra Bank, Central Bank of Egypt, Central Bank of the Bahamas and Central Bank of Armenia.

Investment Committee TOR

Intergovernmental Organization (IGO) Special Committee :

AFI’s Intergovernmental Organization (IGO) Special Committee oversees the process of exploring the IGO status for AFI and provides strategic guidance to the Board and Management Unit on the legal form and structure of the prospective IGO. Members are: Bank Al-Maghrib, Banque de la République du Burundi, Banco Nacional de Angola, Bangladesh Bank, Central Bank of Nigeria, Centrale Bank van Suriname and Nepal Rastra Bank.

IGOSC TOR