Ajmal Ahmady is the former Governor of the Central Bank of Afghanistan, Da Afghanistan Bank, and the latest guest on the Value Perspective. Juan and Emily had the opportunity to talk with Ajmal about the work he accomplished during his tenure including inflation stabilisation and digitised money wallet. They also discussed decision making as a central bank during times of crisis and conflict, including how the DAB made decisions as the Taliban encroached towards the capital. 

MINUTES:

4:04 Providing stability through central bank tools

8:03 How did the central bank affect areas with different levels of development? 

10:30 How do you build trust in formalised finance? 

13:40 How did military conflict affect your decision making process?

16:38 Increased financial inclusion

20:39 The role of opium within the Afghan economy

25:21 How did the bank help in anti-Taliban efforts? 

27:29 What lead to you make the decision to leave the country?

31:07  As the events were unfolding, how did you process information when making decisions? 

34:07 Is there a 'checklist' for a Governor of a bank when they're under threat? 

36:40 What does the future of the DAB look like? 

39:39 Book recommendation an outcome that was a result of a bad process

Book recommendations:

The Silk Roads: A New History of the World by Peter Frankopan

For further information, please see the following links. Please note that Schroders is not responsible for content on external sites: 

1. Highlights of an FT subscriber webinar with Ajmal Ahmady on Afghanistan, 2021-08-26

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