Governance

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.

More information on AFI’s governance is available in the Articles of Association.

 

 

Juan Pablo Graf

Board Chair and President, Comisión Nacional Bancaria y de Valores (CNBV) Mexico

Martin Galstyan

Governor, Central Bank of Armenia

Maha Prasad Adhikari

Governor, Nepal Rastra Bank

Dr. Patrick Njoroge

Governor, Central Bank of Kenya

José Cantero Sienra

President, Banco Central del Paraguay

Neav Chantana

Deputy Governor, National Bank of Cambodia

Ariff Ali

Governor, Reserve Bank of Fiji

Dr. Lounceny Nabe

Governor, Banque Centrale de la République de Guinée

Nadia Gamha

Deputy Governor, Central Bank of Tunisia

Dr. Alfred Hannig

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: 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.

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: Central Bank of The Gambia, Bank of Papua New Guinea, Bank of Uganda, Central Bank of the Republic of Uzbekistan 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: 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.

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 .

GWFIC TOR
Investment Committee :

AFI’s Investment Committee oversees the management of the AFI Endowment Fund and support the Board in monitoring the effectiveness of the Board-approved AFI Endowment Fund Policy and Investment Guidelines. Members are: Central Bank of the Bahamas, Central Bank of Egypt, Nepal Rastra Bank, Central Bank of Seychelles and Banco Central de Timor-Leste.

Investment Committee TOR
Intergovernmental Organization (IGO) Special Committee :

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

IGOSC TOR

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.


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.

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, Bank of Uganda, Central Bank of the Republic of Uzbekistan and Bill & Melinda Gates Foundation.

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.

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 .

AFI’s Investment Committee oversees the management of the AFI Endowment Fund and support the Board in monitoring the effectiveness of the Board-approved AFI Endowment Fund Policy and Investment Guidelines. Members are: Central Bank of the Bahamas, Central Bank of Egypt, Nepal Rastra Bank, Central Bank of Seychelles and Banco Central de Timor-Leste.

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

© Alliance for Financial Inclusion 2009-2021