African Financial Inclusion Policy Initiative BoG elects Vice Chair

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The African Financial Inclusion Policy Initiative (AfPI) has elected the Bank of Ghana (BoG) as its Vice Chair, with Seychelles assuming the role of AfPI Chair. The Central Bank of Seychelles replaced the Bank of Tanzania as the Chair of the African Financial Inclusion Policy Initiative (AfPI), according to a statement released by the Bank of Ghana (BoG) and forwarded to the Ghanaian Times.

According to the report, Governor Caroline Abel of the Seychelles took over for Governor Florens D.M.A. Luoga last Thursday during a roundtable for AfPI Leaders in Arusha, Tanzania.

Governor Abel was cited as being the first woman to lead an AFI regional effort.

It said Prof. Luoga welcomed Governor Abel as the new chair of AfPI, and said he enjoyed the cooperation he enjoyed with AFI Management Unit and from members of AfPI.

He thanked Prof Luoga and the Bank of Tanzania for the leadership during the past two challenging years of the global COVID-19 pandemic.

AFI Executive Director, Dr Alfred Hannig praised collaboration and engagement both in the Africa region and the global network.

“This week’s meetings were a testimonial to what was possible with the guidance and leadership of BoT and Professor Luoga,” Dr Hannig said.

Governor Abel in her remarks said this “Noble task of fostering partnerships and exchanging experiences would further take the network to new heights and continue to play a critical role in peer learning on innovative financial inclusion policies across the African continent.”

She emphasised that diversity in both AFI’s biggest regional initiative and the global network presented ample opportunities to gain new perspectives and strengthen efforts to move forward.

“Our journey to enhance financial inclusion is ongoing. We have to adapt to changing realities to enhance financial services for all and achieve inclusive and sustainable economic growth,” Governor Abel said.

The statement said Governor Abel’s post of the AfPI Chair reflected the progress made in gender and women-inclusive finance in the network as part of work under the Denarau Action Plan (DAP).

BY TIMES REPORTER

 

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