The International Association of Financial Executives Institutes (IAFEI) is the premier global society of financial executives. Founded in 1969, IAFEI connects financial executives around the world with a global membership of more than 15,000 senior level finance executives, mainly chief financial officers across 18 national institutes. The international association is a non-profit and non-political professional association domiciled in Switzerland with its secretariat in the Philippines (Makati City).
IAFEI promotes networking opportunities for member institutes and their individual members, to build a wider understanding of financial practices throughout the world and the furtherance of their international compatibility and evolution, and the promotion of ethical considerations and best practices of financial management throughout the world. IAFEI works to advance the finance profession through the activities of its technical working committees, through hosting and partnering with global, regional and national conferences, and through a number of expert publications including the IAFEI Quarterly, a digital journal of record.
The IAFEI World Congress is held annually since 1969. The congresses rotate among continents each year and are organized by the responsible national member institute on behalf of IAFEI. The 43rd IAFEI World Congress has been held in conjunction with the 6th CFO Summit Emerging Europe & CIS in October 2013 in Warsaw. The 44th IAFEI World Congress will be held on October 2014 in Manila, hosted by the Financial Executives Institute of the Philippines (FINEX).
ÖPWZ Forum Finanzen, Austria
Financial Executives Institute of Belgium (FEIB), Belgium
China Association of Chief Financial Officers (CACFO), China
Financial Executives Institute of Chinese Taiwan (FEI Chinese Taiwan), Taiwan
Association Nationale des Directeurs Financiers et de Contrôle de Gestion (DFCG), France
Gesellschaft für Finanzwirtschaft in der Unternehmensführung e.V. (GEFIU), Germany
Hellenic Institute of Financial Management of the Hellenic Management Association (HIFM), Greece
Indonesia Financial Executive Association (IFEA), Indonesia
Israel Chief Financial Officers Forum, Israel
Associazione Nazionale Direttori Amministrativi e Finanziari (ANDAF), Italy
Japan Association for Chief Financial Officers (JACFO), Japan
Korea Association for Chief Financial Officers (KCFO), South Korea
Instituto Mexicano de Ejecutivos de Finanzas (IMEF), Mexico
Financial Executives Institute of the Philippines (FINEX), Philippines
FINEXA - Stowarzyszenie Dyrektorów Finansowych, Poland
All-Russian Club of Financial Directors, Russia
Asociación Espanola de Ejecutivos de Finanzas (AEEF), Spain
Vietnam Chief Financial Officers Club (VCFO), Vietnam
Financial Executives International (FEI), USA
Financial Executives International Canada (FEI), Canada
Members of IAFEI national institutes are mainly executives engaged in roles of financial policy making and control in leading businesses. They share a common interest in the techniques of financial management, financial accounting, reporting and in maintaining business enterprises on a healthy basis in the face of changing business conditions. Membership of national institutes is typically open to financial executives or those performing policy setting functions in large and medium size companies, depending upon the national context and local institute bylaws. In many, but not all institutes, members may also include professionals and experts working in allied fields, such as audit and advisory services firms, financial services organizations, and scholars and academics.
IAFEI’s Technical Working Committees are composed of experts around the World engaged in sharing technical knowledge in key domains of interest to senior financial professionals. Among the global Technical Working Committees are :
1. International Observatory of Management Control
2. International Tax Committee
3. International Treasury Committee
4. IFRS Committee
IAFEI Officers and Executive Committee
Chairman: Luis Ortiz-Hidalgo (IMEF-Mexico)
Vice Chairman: Fausto Cosi (ANDAF- Italy)
Secretary: Victor Y. Lim Jr. (FINEX-Philippines)
Treasurer: Emilio Pagani (ANDAF-Italy)
Area President for the Americas: Juan Alfredo Ortega (IMEF-Mexico)
Area President for Asia: Kenichi Ohta (JACFO-Japan)
Area President Europe, Middle East & Africa: Mr. Armand Angeli (DFCG-France)
Executive Director: Helmut Schnabel (GEFIU-Germany)
The First International Congress of Financial Executives took place 1969 in Marbella, Spain and was hosted by the Spanish institute for finance executives (AEEF). At this event a new head organization for national institutes was created, with a legal situs in Switzerland. At the second world congress (Brussels in 1970) 55 representatives of 15 member institutes finalized the creation of the association. IAFEI was founded by the financial executives institutes of Argentina, Australia, Belgium, France, Germany, Italy, Mexico, Peru, Philippines, Spain, United Kingdom and the combined institutes of the United States of America and Canada (today: FEI - Financial Executives International), which played a keyrole.
The IAFEI World Congress is an annual congress organized on behalf of the International Association of Financial Executives Institutes (IAFEI). The two to four days congress, which includes a gala dinner, is hosted by one of the national member institutes of IAFEI. The congress, which is organized for corporate finance executives from all over the world is normally held with the national convention of the hosting institute.
The first congress of international finance executives institutes was held in 1969 in Marbella, Spain. IAFEI World Congresses have been held since then in 21 different countries. In the years 1975 and 2009 no congresses were organized.
Past congresses
1st IAFEI World Congress, Marbella, Spain, 1969
2nd IAFEI World Congress, Brussels, Belgium, 1970
3rd IAFEI World Congress, Mexico City, Mexico, 1971
4th IAFEI World Congress, Frankfurt am Main, Germany, 1972
5th IAFEI World Congress, Paris, France, 1973
6th IAFEI World Congress, Manila, Philippines, 1974
7th IAFEI World Congress, Rio de Janeiro, Brazil, 1976
8th IAFEI World Congress, Dublin, Ireland, 1977
9th IAFEI World Congress, Buenos Aires, Argentina, 1978
10th IAFEI World Congress, Atlanta, USA, 1979
11th IAFEI World Congress, Sydney, Australia, 1980
12th IAFEI World Congress, Mexico City, Mexico, 1981
13th IAFEI World Congress, Madrid, Spain, 17-20 October 1982
14th IAFEI World Congress, Jakarta, Indonesia, 31 October-November 2 1983
15th IAFEI World Congress, Venice, Italy, 30 September-3 October 1984
16th IAFEI World Congress, Buenos Aires, Argentina, 17-20 November 1985
17th IAFEI World Congress, Hong Kong, Hong Kong, 9-12 November 1986
18th IAFEI World Congress, Caracas, Venezuela, 25-28 October 1987
19th IAFEI World Congress, Manila, Philippines, 16-19 October 1988
20th IAFEI World Congress, Paris, France, 26-29 September 1989
21st IAFEI World Congress, Taipei, Taiwan, 5-7 November 1990
22nd IAFEI World Congress, Cancun, Mexico, 21-23 November 1991
23rd IAFEI World Congress, Madrid, Spain, 25-28 October 1992
24th IAFEI World Congress, San Carlos de Bariloche, Argentina, 19-25 September 1993
25th IAFEI World Congress, Washington D.C., USA, 2-5 October 1994
26th IAFEI World Congress, Rome, Italy, 4-6 October 1995
27th IAFEI World Congress, Jakarta/Bali, Indonesia, 30 October-1 November 1996
28th IAFEI World Congress, Interlaken, Switzerland, 18-19 September 1997
29th IAFEI World Congress, Rio de Janeiro, Brazil, 20-23 September 1998
30th IAFEI World Congress, Vancouver, B.C., Canada, 26-28 May 1999
31st IAFEI World Congress, Sydney, Australia, 8-11 October 2000
32nd IAFEI World Congress, Cancun, Mexico, 17-21 October 2001
33rd IAFEI World Congress, Madrid, Spain, 23-25 October 2002
34th IAFEI World Congress, Florida, USA, 4-7 May 2003
35th IAFEI World Congress, Florence, Italy, 11-13 October 2004
36th IAFEI World Congress, Manila, Philippines, 4-7 November 2005
37th IAFEI World Congress, Berlin, Germany, 8-11 October 2006
38th IAFEI World Congress, Tokyo, Japan, 10-12 September 2007
39th IAFEI World Congress, Paris, France, 15-17 December 2008
40th IAFEI World Congress, Rome, Italy, 13-15 October 2010
41st IAFEI World Congress, Beijing, China, 16-18 September 2011
42nd IAFEI World Congress, Cancun, Mexico, 14-17 November 2012
43rd IAFEI World Congress was held in conjunction with 6th CFO Summit Emerging Markets & CIS in Warsaw, Poland from 14-17 October 2013. The organizers on behalf of IAFEI were FINEXA - Stowarzyszenie Dyrektorów Finansowych and CFO Insight (a media brand by Frankfurt Business Media, Frankfurt).
44th IAFEI World Congress, 15-17 October 2014 for the fourth time in Manila, Philippines. This is being organized by the Financial Executives Institute of the Philippines (FINEX).