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ICIEC’s Board of Governors to Meet in Mozambique 

Jeddah June 3rd, 2015

Under the patronage of the President of Mozambique H.E. Filipe Nyusi; the Board of Governors of the Islamic Corporation for the Insurance of Investments and Export Credit (ICIEC) is going to held its 22nd Annual Meeting in Maputo, the capital of Mozambique on June 11, 2015; in conjunction with the 40th Annual Meeting of the Islamic Development Bank. This year, Eng. Hani Salem Sonbol will lead Acting Chief Executive Officer of ICIEC will lead the delegation of the Corporation.

During the meeting, the Board of Governors will approve the financial results of the Corporation for 1435H (2014). Moreover, the Governors will the will approve the selection of the external auditors for the financial year 1437H (2016G).

Annual meetings are statutory occasions for Governors of IDB Group members, most of whom are finance ministers representing ICIEC member countries, to provide guidance on IDB administrative, financial, and as well as strategic operational directions.

In line with the official event, various activities will be organized on June 7-8, 2015, one of which is a private sector forum where ICIEC will present the importance of export credit and investment insurance in Africa.

In this regard, Eng. Hani Salem Sonbol “urges those who believe in Africa’s potential to attend this seminar to know ICIEC’s tools in mitigating risks for short and long-term businesses, and to join hand to make Africa the best destination for doing business.”

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