ADFIM-ADFIAP-ADFIMI Joint International CEO Forum on “Sustaining Economic Growth with Social Consciences – Modalities of the New Era”, InterContinental Hotel, Kuala Lumpur, Malaysia, 25 – 26 October 2017
ADFIMI organized an International CEO Forum on “Sustaining Economic Growth with Social Consciences – Modalities of the New Era” jointly with ADFIM (Association of Development Financial Institution of Malaysia) and ADFIAP (Association of Development Financing Institutions in Asia and the Pacific) in Kuala Lumpur, Malaysia on 25-26 October.
Honorable Dato’ Sri Mustapa bin Mohamed, Minister of International Trade and Industry of Malaysia inaugurated the meeting and delivered an inaugural address.
Officiating address was delivered by Mr. Metin Özdemir, Chairman of ADFIMI on behalf of ADFIMI.
Dr. Rami Ahmad, Special Envoy on the SDG’s and Senior Advisor to the President, Islamic Development Bank was a speaker on behalf of ADFIMI in Session 1 “The Role of National Development Finance Institutions (NDFIs) and Islamic Finance in the Achievement of Sustainable Development Goals (SDGs)”
Mr. Quazi Shairul Hassan, Managing Director, The Saudi-Bangladesh Industrial and Agricultural Investment Company Limited (SABINCO) chaired Session 2 “Developing Youth Entrepreneurship through Online Marketing Channels”
Mr. Mehmet Emin Özcan, CEO of Vakifbank Turkey chaired Session 4 “DFI Governance Models and Best Practices”. Ms. Patricia Ojangole, CEO of Uganda Development, was a speaker in the same session.
Mr. Suat İnce, CEO of Industrial Development Bank of Turkey was the speaker in Session 5 “SMEs’ Roles in Economic Growth”
There were around 250 participants to the Forum including high level executives, CEOs, Directors, policy makers and staff from the Ministry offices.
National Development Finance Institutions (DFIs), play a crucial role in the development of a progressive and inclusive financial sector which entails preserving the core foundations of mandate given at all times; ensuring effective and efficient specialized financial services in their respective areas, and contributing towards economic growth and development of a country. In this regard, the Forum covered:
- how mandated role of DFIs could be enhanced not only to achieve economic growth but also to achieve strategic development and social goals of the nation and
- how these DFIs have evolved over times to complement banking institutions which will continue to provide financial services to these sectors.
