Setting the tone for the Conference; “The International Association of Deposit Insurers - Africa Regional Committee (IADI-ARC) Annual General Meeting and Conference 2025 themed Enhanced Bank Resolution Frameworks and the Vital Role of Deposit Insurance Systems in Bank Failure" Mrs. Hellen Chepkwony, CEO of the Kenya Deposit Insurance Corporation (KDIC) welcomed delegates to the conference and extended heartfelt appreciation for their presence. She emphasized the critical role of Deposit Insurance Systems (DIS) in stabilizing financial institutions and protecting the public from the socio-economic costs of bank failures. “When it comes to resolution, time is of the essence and preparedness is everything,” she noted, underscoring KDIC’s proactive approach to early warning systems, risk mitigation, and sound governance.

Mrs. Chepkwony called for deeper regional and international cooperation in addressing emerging risks and harmonizing standards, especially in light of digital finance innovations. She urged delegates to use the forum for reflective dialogue: “How do we ensure speed in intervention? How do we protect the vulnerable? How do we uphold trust in the system?” She concluded by inviting guests to not only learn and share knowledge, but to experience the beauty, warmth and hospitality of Kenya.

The high-level event brought together delegates from across Africa and beyond, including central banks, deposit insurers, financial sector safety net participants and policy leaders committed to advancing the stability and resilience of financial systems through robust deposit insurance frameworks.

A Resounding Welcome

In her opening remarks, Mrs. Hannah Muriithi EBS, Board Chairperson of the Kenya Deposit Insurance Corporation (KDIC), emphasized the importance of developing credible and forward-looking resolution frameworks in an era of increasing financial complexity and systemic risks. "Deposit insurance systems are essential public policy tools," she emphasized, "ensuring depositors are safeguarded while supporting timely and effective bank resolutions."

Mrs. Muriithi noted that KDIC continues to lead locally and regionally through strategic reforms, enhanced governance, and strengthened early warning and risk-based resolution mechanisms. KDIC, she said, remains aligned with global best practices and is committed to continuous improvement in operational readiness.

ARC Leadership's Call to Action

Dr. Julia Oyet, Chairperson of IADI-ARC and CEO of the Deposit Protection Fund of Uganda, echoed similar sentiments in her welcome address. She applauded KDIC for the Corporation’s exemplary hosting of the event and celebrated the city of Mombasa as a symbolic and fitting venue; "the home from which the concept of deposit insurance in Africa first took root."

Highlighting progress within the region, Dr. Oyet welcomed the addition of FOGADAC (Deposit Guarantee Fund in Central Africa) as a new ARC member, extending the committee's reach to six more countries. She also commended efforts by ARC members to prompt payout timelines.
Furthermore, she unveiled initiatives by the ARC to strengthen communication and research capacity through the establishment of dedicated technical committees, reflecting the region's forward momentum.

Dr. Eva Hupkes’ Call to Action at IADI ARC 2025

In her opening remarks during the IADI Africa Regional Committee (ARC) Annual General Meeting and Conference 2025, Dr. Eva Hupkes, Secretary General of the International Association of Deposit Insurers, underscored the importance of strong institutional frameworks in the face of an evolving financial landscape. “It is crucial to have robust governance and accountability systems to clearly document the decision-making process,” she stated, emphasizing that transparency is not just a regulatory requirement but a foundation for public trust. Dr. Hupkes commended the efforts by African deposit insurers in embracing reform and innovation, noting that the ARC forum provides a vital space for candid conversations, cross-country learning, and strengthening regional cooperation. Her call to action resonated with participants from across the continent, setting a thoughtful and collaborative tone for the rest of the conference.

Government's Steadfast Support

Delivering the keynote address, Mr. Cyrell Odede Wagunda, Principal Secretary for Public Investments and Assets Management at the National Treasury and Economic Planning, reaffirmed the Government of Kenya's commitment to financial stability and inclusive growth.
He praised KDIC for its leadership in deposit insurance, noting key milestones such as the expansion of insured coverage to KES 500,000, the adoption of a risk-based premium model and the growth of the Deposit Insurance Fund. These achievements, he stated, are evidence of Kenya's resolve to protect depositors and reinforce trust in the financial system.
"Deposit insurance is a powerful social safety net," Mr. Wagunda noted, "and a foundation of financial system resilience. When a bank fails, it is deposit protection that assures the public the system will hold."

A Platform for Shared Learning

Throughout the week, delegates engaged in meaningful discourse on critical topics such as cross-border bank resolution, systemic risk management, legislative reforms and innovative approaches to resolution funding. The conference also served as a space to celebrate progress, reflect on lessons learned, and reaffirm commitment to continuous collaboration among African jurisdictions.
As the curtain rose on the IADI-ARC 2025 Conference, it became clear that Africa's deposit insurance community is united in its pursuit of stability, protection, and proactive resolution planning. The strong leadership and shared experiences showcased during the event promise to guide the continent's financial systems toward greater resilience and trust.