World Bank, AfDB, IMF, EIB, ADB, AIIB gather at International Financial Institutions in AbidjanDevdiscourse News Desk | Abidjan | Updated: 12-09-2019 15:28 IST | Created: 12-09-2019 15:27 IST
The Corporate Secretaries of International Financial Institutions is raising their 20th annual meeting from September 11 to 13, 2019 at the headquarters of the African Development Bank in Abidjan, Côte d'Ivoire.
The Abidjan deliberations is planning to build on the achievements of the group's meeting in Bali, Indonesia that took place in 2018. Members will address the effectiveness of the International Financial Institutions governing Board, broadening the role of Board committees, supporting board committees, and boosting relationships between the Board and management.
Some 50 participants from 19 International Financial Institutions are expected to attend. They include the African Development Bank (AfDB), the World Bank, the European Investment Bank (EIB), International Monetary Fund (IMF), Asian Development Bank (ADB) and the Asian Investment and Infrastructure Bank (AIIB).
The institutions will make presentations on "The Impact of Geopolitics on Shareholding", "Innovations in Technology around Board Business", "Addressing Board Work Programming Challenges", "Supervision and Good Governance Reforms", "Best Practices in International Financial Institutions", "The Role of the Audit Committee" and "Governance of IFI Boards".
In his remarks ahead of the meeting, Vincent Nmehielle, Secretary-General of the African Development Bank and this year's host said: "…our interactions over the past few years have afforded me the opportunity to understand that we face similar and common challenges as overseers of the corporate governance mechanisms of our various institutions. Accordingly, we look forward to welcoming our guests to Abidjan for our ever-relevant deliberations aimed at better serving our various institutions".