ed sibley : the importance of diversity in financial services remarks by mr ed sibley, deputy governor ( prudential regulation ) of the central bank of ireland, at the " importance of diversity in financial services " event of the fusion network ( the financial services inclusion network ), dublin, 13 february 2018. * * * i am delighted to be here this evening and to have the opportunity to speak about diversity and inclusion in financial services at the first fusion event of 2018. i would like to thank francesca mcdonagh for the invitation. 1 2 i strongly believe that diversity in all its forms is important, and that there remains a serious deficit in diversity of background, experience, and, critically, thinking at senior levels in financial services in ireland. this needs to change. in my remarks this evening, i will cover : some background on the roots of my interest in diversity ; the business case for improving diversity and inclusion, the central bank ’ s approach to diversity and inclusion ( from both an internal and external perspective ) ; and outline how we are seeking to drive improvements in diversity across regulated firms. it is important to note that the opportunities and benefits that can accrue from increasing diversity in the workplace are dependent on creating an inclusive workplace, where different views, background, experiences, cultures, etc., are valued and nurtured. i will conclude that meaningful and sustained improvements in diversity and inclusion can help to improve the safety and soundness of financial services firms and contribute to the restoration of trust in the financial system in ireland. my background i have been working in financial regulation and supervision since the onset of the financial crisis, firstly, in the uk, and now in ireland. as deputy governor, prudential regulation at the central bank, my role spans the entire irish financial services system. it is also a very international role. i am a member of the supervisory board of the single supervisory mechanism ( ssm ), the pan european banking supervisor. i am on the board of supervisors for both the european banking authority ( eba ) and the european insurance and occupational pensions authority ( eiopa ) and the general board of the european systemic risk board ( esrb ). in other words, i occupy an extremely privileged position of being able to see across the financial services system both here in ireland, and across europe. i also have the privilege of engaging with, debating with and disagreeing with international colleagues with diverse opinions, backgrounds, incentives and views. i am also privileged in many

savenaca narube : productivity and ethics opening address by mr savenaca narube, governor of the reserve bank of fiji, at the rotaract club of suva ’ s business seminar, suva, 28 february 2009. * * * introduction ms roshika deo, immediate past president of the rotaract club of suva members of the rotaract club ladies and gentlemen good morning and a very warm welcome to everyone. this is the second time that i have addressed your rotaract club early on a saturday morning! the first was in september 2007. a lot has happened since then in fiji and the world. back then everyone thought that the sub prime problem was virtually over perhaps with a short tail. how very wrong we were. as you know, the crisis has deepened and widened beyond anyone ’ s imagination. what is happening around us is unprecedented. while fiji is isolated from the financial mess, we unfortunately cannot avoid its economic fallouts. then the heavens opened up last month and flooded most of fiji. the impact is widespread and devastating. there is a lot of rehabilitation work to complete to rebuild livelihoods, businesses and industries. these two events have significantly effected our livelihood and we must do all we can to address them. if ever a time that the country needs to work together to build our economy this is one of them. the economy is our bread and butter. it is our livelihood. it puts food on the table. it pays for our children ’ s education. it protects the future of our grandchildren. so we should all play a part in building this economy right now. we should avoid the blame game. we should focus all our energy in getting things done in a coherent and consistent fashion. productivity if i may then ask, “ what is the role of rotaract in economic building, and perhaps on a wider scale, in nation building? ” how are you going about executing this role? productivity is an obvious way that your organisation can help lift the economy. i have talked at many productivity conferences. i have always emphasised that one of the easiest way to grow the economy is to raise productivity. fiji ’ s rate of productivity growth is extremely disappointing. my estimate is that if we raise productivity growth by 1 percentage point it will raise gdp by at nearly twice that. i ’ m very pleased that productivity is a theme of your seminar today. productivity is first a way of thinking and second a mechanical process. you can have