About the Bank - Who We Are
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International Economic Cooperation: Institute of International Finance
Established in 1983, the IIF is a global association of financial institutions with a goal of supporting the financial industry in the prudent management of risks; to develop sound industry practices; and to advocate for regulatory, financial and economic policies that are in the broad interests of its members. The IIF also aims to foster global financial stability and sustainable economic growth.
- Provide high-quality, timely, and impartial analysis and research to its Members on emerging markets and other central issues in global finance;
- Systematically identify, analyze, and shape regulatory, financial, and economic policy issues of relevance to its Members globally or regionally;
- Develop and advance representative views and constructive proposals that influence the public debate on particular policy proposals, including those of multilateral agencies, and broad themes of common interest to participants in global financial markets;
- Work with policymakers, regulators, and multilateral organizations to strengthen the efficiency, transparency, stability and competitiveness of the global financial system, with an emphasis on voluntary market-based approaches to crisis prevention and management;
- Promote the development of sound financial systems, with an emphasis on emerging markets;
- Provide a network for Members to exchange views and offer opportunities for effective dialogue among policymakers, regulators, and private sector financial institutions;
- Define, articulate, and disseminate best practices and industry standards in such areas as risk management and analysis, disclosure, corporate governance and regulatory compliance; and
- Support education and training efforts of its Members in priority areas
Currently, there are more than 450 member institutions in more than 70 countries in Africa, the Middle East, North and South America, Europe, and Asia. Members include a wide assortment of business types including commercial and investment banks, asset managers, insurance companies, sovereign wealth funds, hedge funds, central banks, law firms, stock exchanges, trading companies, multilateral agencies and development banks.
Chairman |
Axel Weber UBS Group AG |
Vice Chairman (Banking) |
Piyush Gupta DBS Group Holdings & DBS Bank Ltd |
Vice Chairman/Treasurer
|
Sim Tshabalala Standard Bank Group |
Vice Chairman (Insurance)
|
Walter Kielholz Swiss Re Ltd. |
Board Members | Composed of 42 high-level officials from different financial institutions |
The annual meeting of the Members of the Institute is held at or around the time of the annual meeting of the IMF and WB with over 1,500 participants from more than 70 countries. Each meeting discusses a comprehensive agenda covering topics ranging from the global outlook and risks to regulatory updates as well with over 50 sessions on a variety of topics.
As approved by the Monetary Board in 2003, the BSP became an official special affiliate member of the IIF. Other member institutions in the Philippines include the Asian Development Bank (ADB), a special affiliate of the IIF, and the Bank of Philippine Islands (BPI), a regular member to the institute.
Created:9/30/2020 1:06 PM by:
Rhodawynn Concepcion Obillo-Segun
Modified:3/3/2021 4:39 PM by:
Rhodawynn Concepcion Obillo-Segun