Mrs. Vasilika Vjero

Mrs. Vasilika Vjero was born in Tirana in 1976.
Mrs.Vjero graduated from the University of Tirana, Faculty of Economics, Department of Business Administration in 1998. In 2003 she completed a master’s degree from the University of Nebraska, Lincoln USA, and University of Tirana, Faculty of Economy. She has also been trained in economic growth by Harvard Kennedy School.
Ms. Vjero has held senior management positions, such as General Director of Taxes, General Director of the National Business Center, General Director of the Albanian Road Authority. In her career she counts more than 10 years of work experience for the Municipality of Tirana in the management of the Tax Administration and the Department of Strategic Planning and local budgets, as well as a series of experiences as a financial expert with foreign donors. She has also served as an expert independent fiscal and budget for local government in Albania for a total of 24 municipalities and communes throughout the country.
Ms. Vjero speaks english and italian.

Mr. Genc Mamani

Genci Mamani is the General Director of the Albanian Deposit Insurance Agency and at the same time a member of its Steering Council.
Mr. Mamani, graduated in 1991 at the University of Tirana, Faculty of Economics, Department of Finance.
In 2001 he completed postgraduate studies at the University of Wisconsin – La Cross, USA, in finance – banking and in 2012 he postgraduate at master’s level in Business Administration at the International Hellenic University, in Thessaloniki, Greece.
Mr. Mamani started his career in 1991 as an economist at the Central Bank of Albania. He pursued his career by holding managerial positions on different commercial banks such as FEFAD Bank (actually Pro Credit Bank), the Italian-Albanian Bank and further on to be back at the Bank of Albania until late 2015. In July 2015 he took over as General Director of the Deposit Insurance Agency.
Mr. Mamani is fluent in English and Italian.

Mr. Donald Duraj

Mr. Donald Duraj was appointed Chairman of the Board of Directors of the Deposit Insurance Agency in 2015. He has a progressive career of more than 15 years in the banking system, an integral part of which have been quite active and successful achievements within various prestigious local financial institutions and those in the international network such as Austria, Poland, Slovakia, Ukraine and Belarus. Since 2015, Mr. Duraj holds the position of Chief of Staff of the Governor of the Bank of Albania with the responsibility of advising, assisting, monitoring and coordinating all issues related to the progress and proper functioning of the Governor’s Office and other departments of the Bank of Albania. From 2010 to 2015 Mr. Duraj was Head of Commercial Organization and Market Development Sector at Societe Generale Bank in Albania playing a key role in the strategic direction, short-term and long-term planning, setting key objectives, coordinating inter-divisional and inter-institutional relations, locally and internationally, with public and private companies, et cetera. During this period Mr. Duraj has successfully led at least 15 projects, among the most important ones for the Bank, and with a direct impact on the expansion of activity in the local market and with an increase in profitability. Mr. Duraj worked from 2005 to 2010 at Raiffeisen Bank Albania and Raiffeisen International Austria covering key operational and strategic positions. The most important of them were Head of Individuals Segment, Head of Consumer Credit Products, Project Manager in the “Retail Leadership” Program at Raiffeisen International Austria, etc. Mr. Duraj has graduated at the Faculty of Economics, Department of Finance, Banking Profile, at the University of Tirana.

IADI strengthens its role as global standard-setter and reflects on lessons learnt from the recent banking turmoil
·        IADI members approve statutory changes that will expand IADI’s role as global standard-setter and recognize the important contribution of deposit insurers to financial stability as participants in the financial safety net.·        IADI will publish a report by year-end on the implications for deposit insurance systems of the recent banking stress.·        The 2024 Review of the IADI Core Principles will reflect these findings.At its 22nd Annual General Meeting (AGM), the members of the International Association of Deposit Insurers (IADI) strengthened the Association’s mandate and its role as the global standard-setter for deposit insurance systems.IADI President Alejandro Lopez said: “The recent banking stress provides important lessons for deposit insurers to reflect on. As important participants in the financial safety-net, deposit insurers must be equipped with the necessary powers and tools to protect depositors and contribute to financial stability.” “Expanding IADI’s statutory objectives will enable IADI to more effectively serve as a forum for deposit insurers and other financial safety-net participants to discuss major financial events and develop policy responses to promote financial stability.”Members also discussed lessons learnt from the banking turmoil in March 2023 and agreed to publish a report by end of 2023 that will include key takeaways for deposit insurance systems. The findings will inform the review to be undertaken in 2024 of the IADI Core Principles, the global standard for deposit insurance systems.The AGM also approved the 2023 Annual Report and welcomed new members – the Namibia Deposit Guarantee Authority (NDGA), the Icelandic Financial Institutions’ Guarantee Fund (Icelandic FIGF), and the Corporation for Deposit Insurance (South Africa) – and the Monetary Authority of Singapore and the Central Bank of Eswatini as new Associates. Members also elected new Executive Committee members – Hellen Chepkwony, Kenya Deposit Insurance Corporation; Patrick Déry, Autorité des marchés financiers, Québec, Canada; Marija Hrebac, Croatian Deposit Insurance Agency; Jonathan Pallant, The Financial Services Compensation Scheme, United Kingdom; Claudio Weber, Credit Cooperatives Guarantee Fund, Brazil; JaeHoon Yoo, Korea Deposit Insurance Corporation; and Hilmar Zettler, Association of German Banks.The AGM, hosted in Boston by the Massachusetts Credit Union Share Insurance Corporation (MSIC), was preceded by the Annual Conference which attracted 250 attendees.
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