The Steering Group meeting of International Development Finance Club (IDFC)

On 26th June 2019, Mr. Ayman Amin Sejiny, the CEO of ICD, has attended the IDFC Steering Group meeting. The meeting was hosted by the Moroccan Caisse de Deacute;pocirc;t et de Gestion (CDG Group) in Morocco’s economic capital, Casablanca.

Mr. Ayman Sejiny delivered opening remarks and expressed his high expectations for the IDFC#39;s role to promote global policy dialog and multilateral cooperation. The CEO of ICD (ICD-PS.org) pointed out that IDFC has a great potential to enhance co-offerings through advisory, debt capital markets products, blended and co-financing opportunities among its member institutions to mobilize larger capital towards the SDG-related financing gap. ICD, with its new Global Private Sector Platform, can facilitate the direct access of IDFC members to development finance space and I invite all IDFC members to join and benefit from the platformrdquo; said Mr. Sejiny, the CEO of ICD.

The IDFC Steering Group is comprised of the Club’s Chairperson and Vice-Chairpersons. The Steering Group, elected from the IDFC Members for two-year periods,meets regularly to discuss and propose new strategic priorities of the club, to prepare the upcoming IDFC Annual Meeting and overview any other business. ICD has become a member of the IDFC since 2015 and currently Mr. Ayman Sejiny, the CEO of ICD, serves as a vice-chair of the Steering Group of the IDFC. ICD is leading the IDFC’s working group on Blended Financerdquo;, which aims at standardization of our blended finance approaches and conduct some joint projects in member countries. ICD also actively contributes to the other working groups and networks of the IDFC, such as Cooperation for Developmentrdquo;, Chief Economistsrdquo;, Sustainable Urban Developmentrdquo;, Genderrdquo;, Refugeesrdquo;, Climate Change Financingrdquo; and etc.

Source: Islamic Corporation for the Development of the Private Sector (ICD).