| | | | | | Citigroup-INSEAD Women's Financial Education Summit 2004: A Forum Promoting Financial Education in Asia Pacific 8:00AM Registration, Coffee & Networking Master of Ceremonies: Jan Hopkins, Managing Director, Citibank Private Banking, United States 8:45 Conference Welcome Catherine Weir, Head of Greater China, Global Corporate and Investment Bank, Citigroup; and Hellmut Schütte, Dean, INSEAD Asia Campus 9:00 Special Address: The Importance of Financial Literacy Among Women in Asia Tan Sri Dato Sri Dr. Zeti Akhtar Aziz, Governor, Bank Negara Malaysia (Central Bank of Malaysia) 9:30 Keynote Address: Interplay of Women with Money Power Ela Bhatt, Founder & First General Secretary of Self Employed Women's Association (SEWA), and Founding Member of Women's World Banking (WWB) 10:00 Plenary Address: Why We are Here - Defining the Need Sarah Mavrinac, Professor of Accounting & Control, INSEAD 10:30 Networking Break - Information Fair 11:00 Morning Breakout Sessions - Establishing Goals Delegates choose a breakout session according to their interests. Each session will be led by a moderator and team of panelists, and will include time for audience questions and debate. The focus of the morning sessions will be to identify and prioritize the major issues, challenges, and financial education goals for each constituency. Stream 1: Building Life Skills: Preparing Young Women for the Future Girls and young women around the world are among those most susceptible to abuse and manipulation. Many of those from impoverished homes and communities find themselves trapped in exploitative jobs or living situations. What knowledge, skills and behaviors should be encouraged? How can financial awareness and knowledge improve the lives of these young women around the Asia-Pacific region? How do we capture their interest? Elizabeth Coombs, Assistant Director, General Office for Women and Performance Development Division - NSW Premier's Department, Australia Stephanie Dychiu, Financial Journalist and Author, Cosmopolitan Magazine, Philippines Encar Montales, Founder/Director, Bayanihan Center, Singapore Brian Tucker, Project Manager, The Learning Society, Singapore Stream 2: Building & Managing Wealth: The Costs of Financial Illiteracy The economic imperatives for sound financial management have never been greater. Increasingly, women are responsible for supporting themselves and their extended families, and managing the household budget. How can middle-income women in Asia-Pacific better cope with these demands? What financial knowledge and skills do they need to have more control over their futures? At what point in one's life is financial education most valued and needed? Jo Ann Campbell, Chief Financial Officer, Eastman Kodak Company, USA Ramesh Ramachandran, Center Manager, Landmark Education Ltd, Board of Directors for Development of Economy for Women (DEW), Singapore Anna Wu, former Chair, Equal Opportunities Commission, Hong Kong Philippa Huckle, CEO, The Philippa Huckle Group, Hong Kong Stream 3: Lifting the Poor: Establishing Basic Need Poverty is still a critical problem in many parts of Asia, and women and children usually suffer the most. Yet, with the right opportunities, women can have the greatest impact in reducing poverty. What role can financial education play in economic development? How can financial education be used to support development activities? What educational materials and methodologies would be most effective and appropriate for this population? Monique Cohen, President, Microfinance Opportunities, USA Mauna Dave, Director, Kutchcraft, India Doan Anh Tuan, Asia Regional Economic Opportunity Specialist, Save the Children, Vietnam Musa Muhammad, Deputy Regional Director Asia, CARE, Thailand Stream 4: Leading Social Enterprise: Addressing the Needs of Women in Not-for Profit Organizations The growth and sustainability of any organization requires the effective management of limited resources. Nowhere is this more true than in not-for-profit or 'third sector' enterprises. To what extent is the development of social enterprise dependent on effective financial management? What are the practical needs of today's social entrepreneurs and not-for-profit leaders? How can financial management education accelerate the development of a better society in the Asia-Pacific region? Shalini Mahtani, Founder & CEO, Community Business, Hong Kong Sasha Muench, Director, MercyCorps, Indonesia Evelyn Ng Gaik Hoon, Chairperson, Federation of Women's Centers, Hong Kong Usha Menon, Chair, The Resource Alliance, Director of Resource Development, Habitat for Humanity International, Singapore 12:30 Luncheon Special Address: Innovations that Inspire Madam. Wu Xiaoling, Deputy Governor, People's Bank of China 2:00 Afternoon Breakout Sessions - Addressing the Needs Delegates choose a breakout session according to their interests. Each session will be led by a moderator and team of panelists, and will include time for audience questions and debate. Building on the framework of priorities and goals established in the morning sessions, the focus of the afternoon sessions will be to outline different ways to better serve the needs of each constituency, recommending an agenda for action and highlighting possible solutions. Stream 1: Building Life Skills: Developing Programs for Young People Developing mature, socially and financially responsible young adults is the goal of any society. Financial education can never start too early. When is the best time to start educating youth about basic money management? How can we capture their interest, and develop and deliver relevant programs that will engage? How do we measure success? Dara Duguay, Director, Office of Financial Education, Citigroup and former Executive Director of Jump$tart, USA Vivian Lau, Chief Executive Officer, Junior Achievement, Hong Kong Jocelyn Murphy, Executive Director, YWCA-NSW, Australia Hemant Doshi, Director, Eduwealth, Singapore Stream 2: Building & Managing Wealth: Achieving Literacy While most middle-income women recognize the value of financial education broadly, few have made such education a priority for themselves. How can educators reach this time-pressed population? What should be the financial education priorities? What gender-specific adaptation is needed? Melissa Brown, Executive Director, Association for Sustainable and Responsible Investment in Asia (ASrIA), Hong Kong Audrey Chin, Chair, Financial Education Subcommitee, AWARE, Singapore Judith Van Unem, President, Federation of Business and Professional Women of Australia Phillip Law, Director, Credit Counseling Singapore Stream 3: Lifting the Poor: Promoting Training & Support for Micro-entrepreneurs Any financial literacy initiative for the poor must complement rather than compete with other poverty alleviation services that are already being provided. How can financial education effectively complement the poverty alleviation and development activities already underway in Asia? How might financial education be used to support micro-finance and business development activities? How essential is financial education in building effective self-help operations? Vijayalakshmi Das, Chief Executive Officer, FWWB, India Grania Mackie, Associate Expert, WEDGE programme (Women's Entrepreneurship Development & Gender Equality), International Labor Organization (ILO), Switzerland Ivy Josiah, Executive Director, Women's Aid Organization (WAO), Malaysia Udaia Kumar, Founder, Share Microfin, India Stream 4: Leading Social Enterprises: An Agenda for Tomorrow All managers - in for-profit and not-for-profit enterprises alike - need financial and management skills that are practical and focused. How can financial education support the social entrepreneurs of Asia-Pacific? What are the educational priorities and requirements of this group? How can they most effectively be reached? John Stansfield, Founder and Program Leader, UNITEC's Institute of Technology, New Zealand Mary Lee Turner, Director, Asia Society, Hong Kong Dr. Mostaq Ahmmed, Director, Training and Technical Support, PlaNet Finance, France Ms. Jayshree Vyas, Managing Director, Sewa Bank, India 3:30 Networking Break - Information Fair 4:00 Business Leader Address Dr. Chang Dae-Whan, Chairman and Publisher, Maeil Business Newspaper, Korea 4:30 Summary of the Breakout Sessions - Moderators' Report: "The Way Forward" Chaired by Sarah Mavrinac, Professor of Accounting & Control, INSEAD 5:30 Concluding Remarks Hellmut Schütte, Dean, INSEAD Asia Campus; and Catherine Weir, Head of Greater China, Global Corporate and Investment Bank, Citigroup 5:45 Close of Plenary Sessions and Networking Cocktails 7:30 Gala Dinner Special Address Rona Fairhead, Chief Financial Officer, Pearson Publishing Group, UK Keynote Dinner Address Anson Chan, Former Chief Secretary, Government of Hong Kong SAR Closing Remarks by Citigroup and INSEAD 9:30 Close of Summit