Central Bank of Bosnia and Herzegovina Governor Jasmina Selimovic delivered a keynote at the Central Banking Summer Meetings in London on “Navigating Complexity: Financial Stability in a World of Shifting Narratives”, setting out how central banks should manage stability amid inflationary pressures, geopolitical uncertainty, rapid technological developments and shifting global narratives. She argued that the operating environment is increasingly defined by intertwined, simultaneous crises, requiring resilience, strategic adaptability and long-term thinking. The remarks highlighted digital transformation and stronger institutional resilience as priorities reflected in the central bank’s Strategic Plan, and called for regulation to keep pace with artificial intelligence and advanced technologies so innovation supports stability and the public interest. On foreign exchange reserve management, she emphasised that small central banks should consider portfolio structure beyond liquidity and security, including geopolitical resilience and diversification. She also linked sustainable financing to financial stability, noting the growing relevance of the Green Agenda and the potential for green bonds in smaller economies as international standards and cooperation strengthen, while underlining the role of public confidence, institutional consistency and open communication for small, open economies operating under a currency board regime. Selimovic also took part in a panel discussion on women leading central banks in a transformative era.

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