The Institute of International Finance, Inc. (IIF) is a global association or trade group of financial institutions. It was created by 38 banks of leading industrialized countries in 1983 in response to the international debt crisis of the early 1980s. See the arguments in support of this in.The IIF's mission is to support the financial industry in the prudent management of risks; to develop sound industry practices; and to advocate for regulatory, financial and economic policies that are in the broad interests of its members and foster global financial stability and sustainable economic growth.The IIF serves its membership by: Providing analysis and research to its members on emerging markets and other issues in global finance. Developing and advancing views and proposals that influence the public debate on policies, including those of multilateral agencies, and on themes of common interest to participants in global financial markets. Coordinating a network for members to exchange views and offer opportunities for dialogue among policy-makers, regulators, and private sector financial institutions. The Institute's Board of Directors numbers 38, led by Chairman Axel Weber; Vice Chairmen Brian Porter (also Treasurer of the IIF) and Walter Kielholz. The IIF's President and Chief Executive Officer is Timothy D. Adams, who has held the position since February 1, 2013. The Institute is headquartered in Washington, D.C., and has satellite offices in Dubai, Beijing, Singapore and London.