9 November 2021, Jeddah, Kingdom of Saudi Arabia – The Islamic Financial Services Board (IFSB) had organised its 6th Meeting of the Executive Committee (EC) in Jeddah, Kingdom of Saudi Arabia, hosted by the Saudi Central Bank yesterday.
The meeting was chaired by His Excellency Dr. Perry Warjiyo, Governor of Bank Indonesia as the Chairman of the Executive Committee. The meeting was attended by Her Excellency Aishah Ndanusa Ahmad, Deputy Governor, Central Bank of Nigeria, His Excellency Dr. Yakup Asarkaya, Second Chairman, Banking Regulation and Supervision Agency, Republic of Turkey, His Excellency Dr. Fahad Aldossari, Deputy Governor, Saudi Central Bank, His Excellency Malik Abdulla Said Al Mahrooqi, Vice President, Banking Oversight, Central Bank of Oman and Syed Samar Hasnain, Executive Director, Development Finance Group, State Bank of Pakistan.
The meeting was also attended by His Excellency Shaik Abdul Rasheed Abdul Ghaffour Deputy Governor, Bank Negara Malaysia and Deputy Chairman of the Executive Committee and Her Excellency Noorrafidah binti Sulaiman, Deputy Managing Director, Brunei Darussalam Central Bank via virtual platform.
The Secretary-General of the IFSB, Dr. Bello Lawal Danbatta stated “The Secretariat would like to thank the Saudi Central Bank for their warm hospitality in hosting the meeting despite the Covid-19 pandemic.” The hybrid mode meeting allowed quality and in-depth discussion as well as networking among the EC members who were present physically during the meeting, he added.
The 6th Executive Committee meeting discussions revolved around strategising the 3-years performance plan of the IFSB in the current evolving global challenges. The main responsibility of the IFSB Executive Committee is advising and making recommendations to the IFSB Council on business strategies, administrative matters and operations of the IFSB.
