ADFIMI’s 47th Management Committee (MC) meeting was held at the Point Hotel in İstanbul, Turkey on 3-4 November 2008. The Meeting was chaired by Br. Mehmet Emin Özcan, ADFIMI Chairman and Member of The Board of Directors of Ziraatbank, Turkey and attended by four members (Industrial Development Bank of Egypt, Azerigazbank of Azerbaijan, Bank Keshavarzi of Iran and Development Bank of Turkey). The MC has identified a speaker for the upcoming 19th CEO Seminar, discussed recent financial crises and its implications on ADFIMI operations, and membership of ADFIMI Advisory Council. A special event will be organised on the occasion of World Bank IMF Annual Meeting that will be held from 6-7 October 2009 in İstanbul.