J.P. Sabourin, Chair of the Executive Council of IADI, at the Welcome Dinner for the Fourth Annual IADI Conference presented the first-ever Deposit Insurance Organization of the Year to Chin-Tsair Tsay, Chairman of the Board, Central Deposit Insurance Corporation.
The Deposit Insurance Organization of the Year Award is conferred on a Member institution in celebration of an important achievement and/or in recognition of the contribution that the Member has made to the furtherance of IADI's objects. The award collectively recognizes the contribution of all the staff and management of the Member of IADI and is not intended to single out the work of just one individual.
Finance Minister Lin attended the Welcome Dinner and he joined Premier Frank Hsieh at the Opening of the Fourth Annual IADI Conference at The Grand Hotel on 28 September 2005.
Central Deposit Insurance Corporation is a founding Member of IADI, is a member of the Executive Council, chairs the Research and Guidance Committee, chaired the 2005 IADI Conference Task Force, is an active member of the Asia Regional Committee and CDIC (Taiwan) has successfully completed the transition from the blanket guarantee period.
CDIC (Taiwan) is the first-ever recipient of this prestigious award.