DJIBOUTI, 22 December 2024 — The Islamic Financial Services Board (IFSB) successfully concluded its 45th Council Meeting today in Djibouti City, Djibouti, hosted by the Banque Centrale de Djibouti (BCD). The meeting was chaired by H.E. Ahmed Osman Ali, Governor of BCD and IFSB Council Chairman for 2024. The meeting was attended by central bank governors, deputy governors, and senior representatives of regulatory and supervisory authorities who are either Council or Full Members of the IFSB.
During the meeting, the Council appointed H.E. Abdellatif Jouahri, Governor of Bank Al-Maghrib (Morocco), as the IFSB Chairman for 2025, effective 1 January 2025, and H.E. Dr. Perry Warjiyo, Governor of Bank Indonesia, as the Deputy Chairman. Additionally, the Council approved the appointment of a new Executive Committee (EC) for the 2025–2026 term, with H.E. Datuk Shaik Abdul Rasheed Ghaffour, Governor of Bank Negara Malaysia, appointed as the EC Chairman.
IFSB Secretary-General Dr. Ghiath Shabsigh remarked, “The IFSB Secretariat welcomes the new leadership of both the Council and the EC and looks forward to collaborating with them to fulfil the IFSB mandate.”
The Council approved the establishment of a ‘Donor-Funding’ account, along with a framework to support capacity development programmes in member jurisdictions.
The Council also approved the admission of five new member organisations:
In his closing remarks, Dr. Ghiath Shabsigh expressed gratitude to all members for their participation and contributions to the effective governance of the IFSB.
For more information, visit www.ifsb.org.
