The president of Caixa criteria and of La Caixa Foundation, Isidro Fainérenewed his three-year term as president of the World Savings and Retail Banking Institute (WSBI). This was decided unanimously by the members of the organization’s general assembly, which was held this Thursday in Rome (Italy), report the WSBI and the CECA banking association in a joint press release.
The meeting took place in the presence of the President of the Italian Republic, Sergio Mattarella; the Minister of Economy and Finance, Giancarlo Giorgiettiand the governor of the Bank of Italy, Fabio Panetta.
As for the other WSBI accusations, the German ministry Peter Simon He remains general director and there will be seven vice-presidents. They will be occupied by the president of the Deutscher Sparkassen und Giroverband (Germany), Ulrich Reuter; the general secretary of Groupe BPCE (France), Jacques Beyssade; the CEO of State Bank of India, Shri Vinay M Tonse, and the President of Al Barid Bank (Morocco), Al-Amine Nejjar.
The vice presidents are also the president of the Federation of Credit Unions and Workers’ Banks (El Salvador), Macario Armando Rosales; the President and CEO of Independent Community Bankers of America (United States), Rebeca Romero, and the President of Banco Caja Social (Colombia), Diego Prieto.
The re-election took place as part of the centenary of the WSBI, founded in 1924 and which currently represents more than 6,400 financial entitieswith a balance sheet of $13.25 trillion, employs 2.1 million employees and serves 1.7 billion customers in 78 countries.
In his speech, Fainé spoke of the Institute’s centenary: “Our founders were inspired by the ideals of thrift and social progress and laid the foundations of an Institute that has withstood all types of economic upheaval.”
“For decades we have expanded our geographic presence to reach today all continents,” said Fainé, who highlighted that the institution is the voice of 6,400 savings banks and retail banks and serves more than 1,700 million customers around the world.
Regarding the organization’s vision, she indicated that it aspires to “a world where financial inclusion is a reality for all and where everyone has access to the banking services they need to improve their quality of life.”
His mission, he says, is to put this vision into practice in a sustained manner over time by providing “banking services that are not only accessible, but also fair, responsible and adapted to the concrete and real needs” of customers.
On the other hand, he emphasized that the WSBI uses the 3 RS to summarize your value system and your corporate culture: retailcommitted to customers; rooted, engaged in the territory, and responsiblecommitted to society.
Fainé stressed that the commitment to financial inclusion is a fundamental pillar of its reason for being and that the company is not only based on sales, but on “contributing to the improvement of lives daily life of people by offering them a differential service depending on the circumstances. each.
In fact, he said that WSBI’s strategic goals for the future include financial and social inclusion, digitalization and innovation, sustainability, social responsibility and global impact.
In this sense, he indicated that the entities associated with the WSBI allocate some 3.5 billion dollars to social actions worldwide every year and said the goal was to reach $5 billion in two years.
“WSBI members have more than justified reasons to proclaim that we are more than just financial institutions,” said Fainé, who indicated that as the second centenary approaches, they will continue to work to make the world more inclusive, fairer and more prosperous place.
