Central Bank of Bosnia and Herzegovina Governor Jasmina Selimović opened the international “Central Banking” conference in Kuala Lumpur with a keynote on the state and challenges of the global financial system, focusing on rapid structural change driven by digital money, geopolitical shifts and the need to strengthen institutional resilience. She argued that central bank digital currencies and new payment systems are reshaping finance, while the rise of private digital currencies heightens the need to preserve monetary sovereignty, and she highlighted the importance of Bosnia and Herzegovina integrating quickly into the European financial framework, including SEPA and infrastructure for instant payments. Selimović also addressed foreign exchange reserve management, describing reserves as central to confidence and shock resistance and pointing to changing trade flows, rising geopolitical risks and climate factors as drivers of a more resilient approach, including currency diversification, more active portfolio management and a larger strategic role for gold. She emphasised responsible use of artificial intelligence in central banking for deeper analysis while maintaining human judgement in decision-making, and she will moderate a panel on international cooperation to prevent financial crime and participate in a governors’ panel on redefining central bank mandates. The Governor also noted that the Central Bank of Bosnia and Herzegovina has been named this year’s winner of “Central Banking” magazine’s award for initiative in the field of financial stability, with the award due to be presented at a London ceremony in mid-June 2026.
Central Bank of Bosnia and Herzegovina 2026-03-31
Central Bank of Bosnia and Herzegovina Governor highlights SEPA integration, digital money and reserve resilience at Kuala Lumpur Central Banking conference
Central Bank of Bosnia and Herzegovina Governor Jasmina Selimović delivered a keynote at the international “Central Banking” conference in Kuala Lumpur on structural changes in the global financial system, highlighting digital money, private digital currencies, and the need to safeguard monetary sovereignty and institutional resilience. She stressed integrating Bosnia and Herzegovina into the European financial framework, more resilient and diversified foreign exchange reserve management with a larger role for gold, and responsible use of artificial intelligence in central banking. The Central Bank was also named this year’s winner of “Central Banking” magazine’s award for initiative in financial stability.