Governor on the panel "Navigating challenges and Pioneering Change", Central Banking Summer Meetings

As part of the Central Banking Summer Meetings, the Governor of the Central Bank of Bosnia and Herzegovina, Jasmina Selimović, Ph.D. participated in a panel discussion entitled: “Navigating Challenges and Pioneering Change: Women Leading Central Banks in a Transformative Era”.

During the panel, key topics in modern banking were discussed, including inflation management, the rise of digital currencies, and the challenges and opportunities brought by innovation. Special emphasis was placed on the importance of gender diversity in central banking and how mentoring, institutional support, and inclusiveness contribute to strengthening the ability of central banks to respond to contemporary challenges.

Speaking about these topics, Governor Selimović pointed out:

"In time of rapid change, resilience and ability to adapt are becoming the key factors of central bank success. Digital innovations and new forms of currency are redefining our work, while at the same time we need to remain committed to the basic mandates of stability and confidence. In addition, diversity, including gender diversity, is not only a social responsibility, but a strategic advantage, as different perspectives enable better decision-making and faster adaptation to global changes."

Commenting on the significance of financial education and the need for gender equality, Governor Selimović emphasized:

"Gender equality in financial education is not just a matter of fairness, it is a matter of economic efficiency, development and long-term stability of society. Research around the world shows that financially literate women make better decisions for themselves and their families, and are more likely to invest in their children's education, health, and a safer future. Therefore, we believe it is imperative that any financial education strategy should be gender-sensitive and inclusive."

Governor Selimović concluded that modern central banking requires openness to change, cooperation among institutions and a long-term vision of development. She also pointed out that women's leadership in this process brings added value through a more inclusive approach, a deeper understanding of systemic risks and a stronger focus on sustainability and social responsibility.

The panel gathered also other representatives of central banking, in addition to Governor Selimović: Associate Editor of Central Banking Joasiu Popowicz, Deputy Governor of the Bank of Spain (Banco de España ) Soledad Núñez, Deputy Governor of the Bank of Finland (Suomen Pankki) Marju Nykänen and the First Deputy Governor of the Bank of Albania (Banka e Shqipërisë) Luljeta Minxhozi.