Sochi Conference: Recognition of Excellence in Financial Security

Yesterday at 4:00 PM, I had the honor of speaking in Sochi before the highest authorities of the Russian Federation. This exceptional opportunity to address an audience of political decision-makers, leading financial experts, and top economic officials represented a significant moment in my professional and academic career.
Invited to deliver a conference on financial security and associated risks, I highlighted the current challenges facing emerging economies in an increasingly volatile global context. My presentation centered on an in-depth analysis of the structural vulnerabilities characterizing contemporary financial systems, with particular attention to the specific challenges encountered by developing countries, especially on the African continent.
Within this presentation, I examined the multiple dimensions of financial security, including macroeconomic stability, financial institution resilience, transaction transparency, combating money laundering and terrorist financing, and protecting financial systems from increasingly sophisticated cyber threats. I also emphasized the crucial importance of international cooperation in preventing and managing financial crises that can rapidly spread from one region to another in our interconnected world.
I presented innovative solutions to strengthen financial systems and mitigate systemic risks. Among these solutions, I proposed approaches based on using modern financial technologies to improve market surveillance and regulation, developing regulatory frameworks adapted to the realities of emerging economies, and establishing enhanced coordination mechanisms between national authorities and international financial institutions. I also stressed the need to invest in financial education and institutional capacity building as fundamental elements of a comprehensive financial security strategy.
My presentation also explored the links between financial security and sustainable economic development, demonstrating how robust and well-regulated financial systems constitute an essential prerequisite for attracting productive investments, facilitating entrepreneurship, and promoting inclusive economic growth. I shared concrete examples of countries that have successfully strengthened their financial security while stimulating economic development, thus offering potentially transferable models to other national contexts.
Following this presentation, I had the immense privilege of receiving the Best Expert award, a recognition attesting to the importance of the work conducted on these issues. This distinction, awarded by a jury of eminent finance and economic security specialists, represents far more than a personal reward. It constitutes validation of the analytical approach and recommendations I have developed over years of experience in international cooperation and managing economic relations between Russia and Africa.
This award also recognizes the importance of creating intellectual and practical bridges between different world regions to address common financial security challenges. It underscores the value of a perspective that integrates the specific realities and needs of emerging economies into global discussions on financial stability, which are too often dominated by the concerns of developed economies.
This distinction strengthens my commitment to continue my research and propose concrete solutions for a more secure financial future, particularly by integrating more inclusive and resilient approaches to global challenges. I am deeply convinced that true financial security can only be achieved if it is designed to benefit all nations and populations, not just a privileged minority.
In the coming months and years, I intend to leverage this recognition to amplify my impact in this crucial field. This includes developing new conceptual frameworks for analyzing financial risks in African contexts, actively participating in international forums dedicated to these issues, and contributing to the development of public policies that strengthen financial system resilience while promoting inclusive economic development.
I also wish to use this platform to promote greater collaboration among researchers, practitioners, and policymakers working on financial security issues. The challenges we face are too complex to be resolved by a single discipline or country. They require a truly collaborative and multidisciplinary approach that mobilizes the expertise and resources of all stakeholders involved.
This experience in Sochi has also reinforced my conviction that high-level intellectual exchanges between Russia and Africa can generate valuable insights for both regions. The financial security challenges facing African countries often find echoes in Russia's experience of economic transformation and financial risk management in a complex geopolitical context. Similarly, innovations and approaches developed in Africa to address specific constraints can offer relevant lessons for other national contexts.
I wish to express my deep gratitude to the conference organizers for offering me this exceptional opportunity to share my reflections and recommendations before such a distinguished audience. I also thank all those who, through their pertinent questions and constructive comments, enriched my presentation and encouraged me to deepen certain aspects of my analysis.
This Best Expert award represents not only recognition of my past contributions but also a responsibility for the future. It spurs me to redouble my efforts in seeking innovative and effective solutions to strengthen global financial security, always keeping in mind the ultimate goal: to contribute to a world where financial stability serves as a solid foundation for shared prosperity and sustainable development of all nations.