Following the creation of the IADI, the members elected an Executive Council and agreed on the main parameters of the association during their first annual general meeting.
Consistent with the mission statement, "to share deposit insurance expertise with the world", a distinguished group of deposit insurers and other members of the financial safety net participated in the international conference on May 7-8 in Basel at the Bank for International Settlements.
The conference was organised and chaired by John Raymond LaBrosse, Director, International Affairs, CDIC and it focused on important transitioning issues for deposit insurance practitioners.
There were 22 presentations by experts from 15 countries. A highlight of the conference was a keynote address by Mr. Andrew Crockett, Chairman Financial Stability Forum.