ADFIMI’s 52nd Management Committee (MC) meeting was held at the Hilton Jeddah Hotel in Jeddah, Kingdom of  Saudi Arabia on 27.06.2011. The Meeting was chaired by Br. Mehmet Emin Özcan, ADFIMI Chairman and Vice Chairman of The Board of Directors of Halkbank, Turkey. It was attended by seven members (Saudi – Bangladesh Industrial & Agri. Inv. Co. Ltd.(SABINCO), Azerigazbank of Azerbaijan, Industrial Development & Workers Bank of Egypt, AGROBANK of Malaysia, Agricultural Bank of Sudan, and Development Bank of Turkey) while First Credit & Investment Bank Ltd. of Pakistan has given Proxy to the Chairman. The MC has resolved to advice to the 27th GA to select Kadıoğlu YMM to audit ADFIMI’s 2011 accounts. The MC decided to advice the 27th GA to select Vakıfbank to fill the permanent seat of Turkey vacated by the Development Bank of Turkey.  The MC examined the SG Report, Audit Report, Financial Tables, and decided to recommend the GA to approve of them. MC also decided to accept Export Development Bank of Egypt to Membership, and unanimously resolved to propose the 27th GA to confer ADFIMI Honourary membership to Br. Hossam Nasser for his services to ADFIMI and to HE Ali Babacan for his masterly governance of Turkish economy during the global crisis.