Trang Chủ
The topic of the international conference is: “Crisis preparedness – institutional arrangements and coordination, crisis communication & contingency planning”. To be aware of the importance of preparedness for potential crisis in the future, in an effort to mitigate bad effects which emerged in previous crisis, the organizer invited speakers who are leaders in financial, banking and deposit insurance sector to share their practical knowledge in contingency planning. Speakers came from different and various institutions and field of expertise.
The conference covered different contents of crisis preparedness. Ms. Sheila Bair, former FDIC Chairman (2006-2011), a key person in 2008 US financial crisis, covered 12 unheeded lessons from 2008 crisis, in which she emphasized that the deposit insurers should be granted with extended mandates and play active roles in the financial and banking sector to ensure the effective crisis management and handling. Moreover, the conference also covered the behavioural aspects of financial panic and bank runs. Doctor Gulnur Muradogly (Queen Mary University, the UK) mentioned about how human psyche works since the crisis emerged and later developed into the bank run.
The international conference showed tremendous concerns of countries to manage crisis and the importance of developing contingency plans at each country and coordination among countries.
The DIV led by Chairman Nguyen Quang Huy participated in the IADI AGM, APRC AGM, international conference and international exhibition as well as other events. Needless to say, DIV’s contribution to IADI’s activities helps upgrade the image of Vietnam in general and DIV’s in particular and bring it close to the international friends and colleagues.
