October 19, 2023 | New York, USA

WAIFC Annual General Meeting in New York

The WAIFC held its Annual General Meeting in New York and appointed three new board members. The meeting emphasized unity, commitment to the WAIFC's mission, and future expansion strategies.

The World Alliance of International Financial Centers (WAIFC) held its Annual General Meeting (AGM), a pivotal event marked by enlightening discussions and collaborative decision-making. The gathering concluded with a memorable group photo, standing as a testament to our unity and shared vision for the future.

Throughout the AGM, we engaged in vital dialogues that set the stage for the continued advancement of our ongoing projects. Furthermore, we mapped out robust strategies geared towards our organization's future expansion. At the heart of these conversations is our unwavering commitment to the WAIFC's mission, and the enthusiasm with which we approach the path ahead is palpable.

A significant part of the discussions revolved around our preparations for COP28. Liv Watson, who will be a financial services speaker at COP 28 and is also a Senior Advisor on Digitization for the Capitals Coalition, and Louisa Durkin from the Open Earth Foundation and XBRL – both of whom recently attended the UN Climate Week meetings – co-facilitated a roundtable. The topics of discussion were centered on the WAIFC Green Supply Chain project and strategies for consolidating the efforts of our members and observers for a unified presentation at COP 28. The overarching objective was to magnify our collective voice by crafting a comprehensive view of how financial centers worldwide are preparing for environmental shifts. Abdul-Rahim Osman, our Senior Project Manager, will be coordinating these efforts.

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We are also thrilled to announce the election of three new members to the WAIFC Board of Directors:
- Obi Ibekwe from EnterpriseNGR
- Joe Moynihan from Jersey Finance
- MyongHo Rhee from Busan Finance Center

The WAIFC extends heartfelt congratulations on their recent nominations. We are looking forward to harnessing their expertise and insights as we continue to push forward with our projects.

Additionally, a special word of appreciation goes to Luxembourg for Finance. We are immensely grateful to our board member, Nicolas Mackel, for hosting us at the Luxembourg House for this AGM. Such gestures further solidify the camaraderie and cooperative spirit.