05 Nov, 2019
The 3rd Term Board of Trustees (B.O.T) of the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group has held its first meeting to discuss how to reposition IRTI to better serve its objectives of supporting the sustainable development of IsDB Member Countries.
The meeting was chaired by IsDB Group President, H.E. Dr. Bandar M.H. Hajjar, who is also Chairman of Board. The meeting was held on Tuesday, 29 October 2019, at the IsDB Headquarters in Jeddah, Kingdom of Saudi Arabia.
In his opening remarks, Dr. Hajjar thanked the new Board members for accepting to serve on the board, and highlighted the important role of the Board of providing invaluable guidance and advice to the Institute.
At the meeting, IRTI Acting Director General, Dr. Sami Al-Suwailem, along with his team, briefed the Board on IRTI’s recent initiatives as well as the significant achievements of the Institute over the decades since its establishment in 1981. He also highlighted the roadmap to reposition IRTI for the future.
Members of the B.O.T expressed their appreciation to the IsDB President for giving them the opportunity to contribute to the mission of the Islamic Development Bank Group. They also highlighted IRTI’s pioneering role and immense contribution to the development of Islamic Finance, and gave constructive suggestions on how to consolidate on the recorded gains. The Board supported the new direction of the Institute, and offered several vlaubale comments and suggestions in this regard.
The newly-reconstituted Board of Trustees comprises eminent personalities working in regulatory authorities, central banks, academia, and Islamic financial institutions. Board members who attended the meeting were: