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ADFIMI - 1986
Already in 1982 at the annual meeting of the Islamic Development Bank
in Istanbul the governors presented a recommendation for getting the
national development banks in its member countries organized in an
association. This suggestion was transformed into reality in March
1986 at the annual meeting held in Amman. The representatives of
national development banks convened a constituent assembly on March
19, 1986 for the establishment of the Association of National
Development Finance Institutions in Member Countries of the Islamic
Development Bank (ADFIMI). Until its headquarters was established, the
Association would operate within the Islamic Development Bank in
Jeddah, Saudi Arabia.
Abdulaziz Kuntoadji, a former president of the Development Bank of
Indonesia, and an advisor to the Islamic Development Bank, became its
first secretary general and Rajab Salim As-Saad of Jordan was its
first chairman. ADFIMI was relocated from Jeddah in 1987 to Istanbul,
with Aydemir Koç from Turkey becoming its second secretary general.
After ten years in this position, Aydemir Koç was succeeded as
secretary general by Orhan Sağci of Turkey in 1997, who is
currently also the secretary general of the World Federation of
Development Finance Institutions (WFDFI). Its membership of 57 now
spans three continents and 19 countries. The ADFIMI web-site is:
http://www.adfimi.org
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