The Fiji Development Bank chief executive, Saud Minam has been appointed the Chairman of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP).
ADFIAP is the focal point of all development banks and other financial institutions engaged in the financing of development in the Asia-Pacific region.
Its mission is to advance sustainable development through its members.
Founded in 1976, ADFIAP has currently 90 member-institutions in 40 countries.
Minam takes over from Mominul Islam who recently stepped down from his position.
“It is both a privilege and an honor to be presented with this opportunity. I am deeply grateful to the ADFIAP for their faith and trust in me. A prime value of the ADFIAP is ‘integrity’ and I will continue to uphold the great leadership that has been set forth by my predecessor.”
“This is a great avenue for a representative from Fiji to take the leading role in progressing sustainable development through strengthening development finance functions and institutions.”
“Mr Islam in ADFIAP’s 2022 Sustainability Report stated that to achieve the SDGs by 2030, development financing institutions must play an increasingly larger role in advancing sustainable development. With this initiative, I hope to continually work towards meeting this objective to the best of my ability.”
Minam also thanked the FDB Board, Management and Staff for their endless support and unwavering dedication.