- The 2026 WFDFI Board of Governors Meeting brought together representatives of regional development finance associations and international partners to review the Federation’s activities, discuss cooperation with Finance in Common (FiCS), and consider priorities for 2027.
The World Federation of Development Financing Institutions (WFDFI) held its 2026 Board of Governors (BOG) Meeting on October 18 in Bangkok, Thailand, on the sidelines of the World Bank and International Monetary Fund Annual Meetings.
The meeting opened with remarks by Edgardo Alvarez, Secretary General of WFDFI and ALIDE, followed by welcoming remarks from Hussain Al Lawati, First Vice-Chairman of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) and CEO of Development Bank, Oman.
A key item on the agenda was discussions on FiCS 2.0 and WFDFI’s proposed role as a Development Partner of Finance in Common (FiCS). The exchange included Rémy Rioux, President of FiCS, and WFDFI Governors, and explored opportunities to strengthen cooperation between the global network and WFDFI’s regional associations.
The meeting also reviewed the Secretary-General’s Report for 2026–2027, covering programs and activities, membership matters, and the Federation’s financial situation. Among the initiatives highlighted were the continued development of WFDFI’s communication channels and Knowledge Hub, the Global Development Banking Platform, research related to national development banks and climate finance, and WFDFI’s participation in international forums and activities.
In addition to Hussain Al Lawati, representing ADFIAP, participants included Enrique Florencio, Secretary General of ADFIAP; Ilhami Öztürk, Secretary General of ADFIMI; Rémy Rioux, President of FiCS; and Laura Sabogal Reyes, Head of Climate and Development Finance for FiCS and the International Development Finance Club (IDFC) at Agence Française de Développement (AFD).
The Board also considered WFDFI’s next steps for 2027, including future activities linked to major international development finance gatherings. The discussions underscored the importance of coordination among regional associations and global partners to strengthen knowledge sharing, institutional cooperation, and the contribution of development finance institutions to sustainable development.
Through its Board of Governors, WFDFI continues to provide a global platform for regional development finance associations to exchange experiences, build partnerships, and promote greater cooperation among development financing institutions worldwide.