BoG elected Vice Chair of African Financial Inclusion Policy Initiative

The Bank of Ghana (BoG) has been elected as the African Financial Inclusion Policy Initiative (AfPI) Vice Chair, while Seychelles however takes over as AfPI Chair.

 A statement issued by the Bank of Ghana (BoG) and copied to the Ghanaian Times said The Central Bank of Seychelles took over as the Chair of African Financial Inclusion Policy Initiative (AfPI) from the Bank of Tanzania.

It said Professor Florens D.M.A Luoga, Governor Bank of Tanzania, handed over the post to his Seychelles counterpart, Governor Caroline Abel, last Thursday during AfPI Leaders’ roundtable in Arusha, Tanzania.

It said Governor Abel was the first woman to Chair an AFI regional initiative.

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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