Institute of International Finance

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For other uses, see IIF (disambiguation).

The Institute of International Finance, Inc. (IIF) is the world's only global association of financial institutions. It was created by 38 banks of leading industrialised countries in 1983 in response to the international debt crisis of the early 1980s.[1] The IIF now serves its membership in three distinct ways:

  • Providing analysis and research to its members on emerging markets and other central issues in global finance.
  • Developing and advancing representative views and constructive proposals that influence the public debate on particular policy proposals, including those of multilateral agencies, and broad themes of common interest to participants in global financial markets.
  • Coordinating a network for members to exchange views and offer opportunities for effective dialogue among policymakers, regulators, and private sector financial institutions.

The Institute's 30-member Board of Directors is led by Chairman Josef Ackermann, First Vice Chairman William R. Rhodes, Vice Chairmen Francisco González and Roberto Setúbal, and Treasurer Marcus Wallenberg. The IIF's Managing Director is Charles Dallara, who has held the position since 1993. The Institute's headquarters are in Washington, D.C..

Contents

[edit] Membership

IIF members include most of the world's largest commercial banks and investment banks, as well as a growing number of insurance companies and investment management firms. Associate members include multinational corporations, trading companies, export credit agencies, and multilateral agencies.

Approximately half of the Institute's members are European-based financial institutions, and representation from the leading financial institutions in emerging market countries is also increasing steadily. Today the Institute has more than 370 members headquartered in more than 60 countries.

[edit] Former Board Chairmen

  • William S. Ogden (Chairman of the formation committee and Interim Board, 1983)
  • Richard D. Hill (1984-1986)
  • Barry F. Sullivan (1986-1991)
  • Antoine Jeancourt-Galignani (1991-1994)
  • William R. Rhodes, Acting Chairman (April - October 1994)
  • Toyoo Gyohten (1994-1997)
  • Georges Blum (1997-1998)
  • Sir John R.H. Bond (1998-2003)
  • Josef Ackermann (2003 - present)

[edit] References

  1. ^ "Institute of International Finance" in Economic and Social Survey of Asia and the Pacific, 2000. 27 April 2000.

[edit] External links