The Philippine Deposit Insurance Corporation (PDIC) is set to host the 39 th International Association of Deposit Insurers (IADI) Executive Council Meeting and International Conference on June 17 to 21, 2013 at the Makati Shangri-La. The hosting of the meeting coincides with the commemoration of PDIC’s 50 th Founding Anniversary on June 22.

PDIC President Valentin A. Araneta stated that hosting the IADI Executive Council Meeting and International Conference is an occasion where the economic progress of the Philippines based on a platform of good governance can be appreciated by delegates from deposit insurance agencies from 30 different countries and jurisdictions.

IADI is a non-profit organization of deposit insurers established in May 2002 aimed at contributing to the enhancement of deposit insurance systems by promoting research and guidance based on best practices for deposit insurers, and for international cooperation. IADI currently has 68 member-countries/organizations, nine associates, and 12 partners. Mr. Jerzy Pruski (President, Management Board – Bank Guarantee Fund of Poland) is the President of IADI and Chairman of the Executive Council, the governing body of the IADI. The PDIC is a founding member of the IADI. PDIC President Araneta chairs the Audit Committee.

The international conference is anchored on the theme, “Financial Inclusion: Challenges and Issues for the Deposit Insurer.” About 200 foreign and local delegates from different deposit insurance agencies around the world, multilateral organizations and Philippine-based institutions are expected to attend the event on June 20, 2013. Finance Secretary and PDIC Board Chairman Cesar V. Purisima will deliver the keynote address of the conference.

The International Conference aims to highlight the relevance of financial inclusion to deposit insurance and financial stability. Speakers and participants will engage in discussions centered on the following topics: 1) Global Trends and Challenges on Financial Inclusion; 2) Financial Inclusion and Inclusive Growth; 3) Financial Inclusion and Deposit Insurance; and 4) Financial Literacy and Public Awareness.