| For enquiries, please contact: | |
| Tel: | +852 2230 5851 |
| Fax: | +852 2537 1211 |
| Email: | FinEdSummit@ft.com |
 NOVEMBER 25 - SUMMIT DAY 1 |
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| 08:00 - 09:00 | Registration & Refreshments
Co-Chairs:
Bryan Lewis, Deputy Director, Citi Office of Financial Education
Shen Minggao, Chief Economist, Caijing |
| 09:00 - 09:15 | WELCOME REMARKS
Andrew Au, CEO, Citi China Geoff Dyer, Beijing Bureau Chief, Financial Times |
| 09:15 - 09:45 | OPENING ADDRESS (Summary - PDF File English Version | Chinese Version)
Li Fuan, Director General, Supervisory Cooperation Department for Banking Innovation, China Banking Regulatory Commission (CBRC) |
| 09:45 - 10:30 | KEYNOTE SESSION (Summary - PDF File English Version | Chinese Version)
The Imperative for Innovation: International Perspectives on How Financial Education Can Change the World
Leading advocates for responsible global development will explore the role of financial literacy in closing the gap between those who are able to participate in society and those who have been excluded. Improving financial knowledge increases the household stability and economic well-being of millions of families including their capacity to support their children’s education. This keynote session makes the case for new thinking by policy-makers, educators and practitioners to build a more inclusive world.
John Bryant, Founder, Chairman and CEO, Operation HOPE, U.S.
Ruangkhao Ryce Chanchai, Policy Analyst, Asia, UN Millennium Campaign |
| 10:30 - 11:00 | Networking Break |
| 11:00 - 12:15 | CONCURRENT PANEL DISCUSSIONS
International Showcase – Innovation in Financial Education
Progressive financial education programmes are highly tailored to the needs of their target groups and recognise the role that the mass media, teachers, peers and community leaders play in influencing individual attitudes to saving, borrowing and investing. Experts in financial education from around the world will share their best practices in reaching youth, mainstream consumers, marginalised communities and investors.
Delegates can choose a session according to their interests. Each session will be led by a moderator and will include brief presentations by each of the panellists and additional time for dialogue. |
| Session A: Grand Ballroom B+C Youth (Summary - PDF File English Version | Chinese Version)
Money management values and habits are established during youth and carried into adulthood, so giving young people basic money skills and showing them the consequences of their choices early on in life are important. Our experts will discuss how their innovative multi-sectoral partnerships in youth education have increased the effectiveness, scale and the outreach of financial education programmes.
Chandula Abeywickrema, Deputy General Manager, Personal Banking & Network Management, Hatton National Bank, Sri Lanka (Presentation - PDF File) Anna Zelentsova, Head of Financial Literacy Programme, International Business Leaders Forum (IBLF), Russia (Presentation - PDF File) moderated by: Elizabeth Knup, Chief Representative, Pearson China |
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| Session B: Grand Ballroom D Mainstream Consumers (Summary - PDF File English Version | Chinese Version)
Consumers around the world are faced with increasing choice in their personal finances. Many people have to make financial decisions on a daily basis, without the financial knowledge, confidence or skills to access relevant information, navigate through complexity and negotiate with financial service providers. What innovative ways are being used to engage with consumers to improve their personal financial capabilities and influence their financial behaviour?
Mohamed Akwal, CEO, Credit Counselling and Debt Management Agency, Malaysia (Presentation - PDF File) Marcin Staniewicz, Head of Economic Education, National Bank of Poland (Presentation - PDF File) moderated by: Shen Minggao, Chief Economist, Caijing |
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| 12:15 - 14:15 | LUNCH & SPECIAL ADDRESS
Spoilt or Savvy? Financial Education Needs of China's Next Generation
(Summary - PDF File English Version | Chinese Version) introduced by: Calvin Chin, Co-Founder and CEO, Qifang, China |
| 14:15 - 15:30 | CONCURRENT PANEL DISCUSSIONS (continued) |
| Session C: Grand Ballroom B+C Marginalised Communities (Summary - PDF File English Version | Chinese Version)
Communities marginalised by their socio-economic, cultural or geographic status often lack even basic financial knowledge and capabilities. Finding viable ways to reach these disadvantaged and ‘invisible’ groups can be challenging. Financial education specialists will discuss how they have developed and implemented successful programmes for low-income minorities and migrant workers.
Sandra Kabir, Executive Director, BRAC UK (Presentation - PDF File) Tim Carey, Associate, a+b=3, Hong Kong (Presentation - PDF File) Jane Sadler, Advisor, Enrich, Hong Kong (Presentation - PDF File) moderated by: Bai Chengyu, Secretary General, China Association of Microfinance |
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| Session D: Grand Ballroom D Investors
Financial security and comfort in your old age are the long-term goals of most investors, yet the risks associated with aiming for better returns have never been more apparent. Senior representatives from regulatory organisations discuss effective ways to engage and educate new investors about financial planning, the basics of growing their money, and the risks and returns of different investment options.
Tony Hunter, Head of Education Services, Australian Securities Exchange (ASX) (Presentation - PDF File) Geraldine Walsh, Vice President and Deputy Director, Investor Education, Financial Industry Regulatory Authority (FINRA), U.S. (Presentation - PDF File) moderated by: Jamil Anderlini, Beijing Correspondent, Financial Times |
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| 15:30 - 16:00 | Networking Break |
| 16:00 - 17:30 | PLENARY PANEL DISCUSSION (Summary - PDF File English Version | Chinese Version)
Is Increasing Financial Literacy Enough? Applying Behavioural Economics to Programme Design
There are an increasing number of financial education initiatives, but few programmes go that step further to determine if better financial understanding directly translates into better money management. This distinguished panel will discuss the findings of behavioural economics in relation to consumer decision-making and how an appreciation of human psychology could increase the effectiveness of programme design.
Edward Hsing-Yi Chow, Professor, Department of Finance, National Chengchi University, Taiwan(Presentation - PDF File) Sankar De, Executive Director, Centre for Analytical Finance, Indian School of Business (Presentation - PDF File) Ping He, Associate Professor, Finance Department, School of Economics and Management, Tsinghua University, China (Presentation - PDF File) moderated by: Bryan Lewis, Deputy Director, Citi Office of Financial Education |
| 17:30 - 17:45 | DAY 1 CLOSING REMARKS |
| 18:30 - 19:30 | COCKTAIL RECEPTION - hosted by GTZ |
| 19:30 - 22:00 | GALA DINNER & SPECIAL ADDRESS
Madame Wu Xiaoling, Vice Chairwoman, Financial and Economic Affairs Committee, National People's Congress (NPC), China; and Chairwoman, China Foundation for Development of Financial Education (Presentation - PDF File English Version | Chinese Version) |
| NOVEMBER 26 - SUMMIT DAY 2 |
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| 09:00 - 09:45 | KEYNOTE SESSION (Summary - PDF File English Version | Chinese Version)
The Impact of Failure: National Perspectives on the Consequences of Financial Illiteracy
A senior policy-maker and a senior development specialist will reflect on the potential socio-economic repercussions of not increasing financial literacy levels in each of the world’s two most populated countries. In addition, given the vast need for financial education across wide geographies and at different levels of society, they will share their recommendations on how financial education efforts should be prioritised.
Joy Deshmukh-Ranadive, Director, Indian School of Microfinance for Women (Presentation - PDF File) Zhu Limin, Director General, Investor Education Office, China Securities Regulatory Commission (CSRC) (Presentation - PDF File English Version | Chinese Version) introduced by: Matthew Gamser, Principal, Advisory Services, East Asia and Pacific, IFC |
| 09:45 - 11:15 | PLENARY PANEL DISCUSSION (Presentation - PDF File English Version | Chinese Version)
What’s Working Elsewhere? Impact Assessment Methodologies and Tools in other Life Skills Education Fields
Across the development spectrum and in education circles, there is growing interest in research methods that can clearly establish the long-term effectiveness of specific interventions. This panel of experts from the corporate, education and non-profit sectors will discuss examples of evaluation and impact assessment methodologies and tools in other life skills education fields that could potentially be adapted by financial education practitioners.
Gregory Elphinston, Director, Community Involvement, Nokia(Presentation - PDF File) Hoang Thu Huong, Field Coordinator and Monitoring and Evaluation Specialist, Save The Children, Vietnam (Presentation - PDF File) Trivina Kang, Assistant Professor, National Institute of Education, Singapore (Presentation - PDF File) moderated by: Mark Nieker, President, Pearson Foundation |
| 11:15 - 11:45 | Networking Break |
| 11:45 - 13:00 | CONCURRENT PANEL DISCUSSIONS
International Showcase – Impact Assessment in Financial Education
There has been a noticeable uptake in financial education programmes in recent years. However, one of the key emerging challenges is the ability to demonstrate the benefits beyond the end of the intervention. This series of panel discussions will share methodologies and tools currently being used to measure the outcomes and impact of specific programmes for youth, mainstream consumers/investors, and marginalised communities.
Delegates can choose a session according to their interests. Each session will be led by a moderator and will include brief presentations by each of the panellists and additional time for dialogue. |
| Session A: Grand Ballroom B+C Youth (Summary - PDF File English Version | Chinese Version)
Compared to adults, children and teenagers have fewer opportunities to apply their financial knowledge and skills, and this creates an additional challenge when trying to measure positive behavioural changes related to personal finance. These financial education providers will discuss some of their methodologies or tools, and how these could be adapted for different age groups and learning environments.
Krzysztof Kaczmar, Director, Kronenberg Foundation, Poland (Presentation - PDF File) Isa Luo, Vice President, Programme and Development, Junior Achievement China (Presentation - PDF File) moderated by: Bram Stoffele, Research Executive, Aflatoun |
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| Session B: Grand Ballroom D Mainstream Consumers/Investors (Summary - PDF File English Version | Chinese Version)
The recent financial turmoil has highlighted the need for greater consumer and investor education and the imperative to provide this as quickly as possible. Hear from these experienced panellists about the effectiveness of current financial education programmes designed for the general public, and how certain methodologies and indicators could be built into programme designs to demonstrate more sustained social impact.
Adele Atkinson, Research Associate, Personal Finance Research Centre, University of Bristol, UK (Presentation - PDF File) Karen Murrell, Senior Research Fellow, New America Foundation (Presentation - PDF File) moderated by: Elizabeth Knup, Chief Representative, Pearson China |
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| 13:00 - 14:30 | LUNCH & SPECIAL ADDRESS
Why A Man Is Not A Financial Plan: Reducing Financial Vulnerability Among Women
(Summary - PDF File English Version | Chinese Version) Joan Baker, Director, WealthCoaches.net, New Zealand |
| 14:30 - 15:45 | CONCURRENT PANEL DISCUSSIONS (continued) |
| Session C: Grand Ballroom B+C Marginalised Communities (Summary - PDF File English Version | Chinese Version)
Financial education programmes targeted at some of the most vulnerable target groups, such as microentrepreneurs and domestic workers, are often especially difficult to measure because these beneficiaries may be more transient, have lower literacy levels, or are less willing to be monitored. This panel will give examples of how to evaluate the success of financial literacy programmes for ‘hard to reach’ groups, and how to address the challenges of tracking the participants’ short-term and long-term behavioural changes.
Pia Bruce, Director, aidha, Singapore (Presentation - PDF File) Syeda Obaida Haque, Director, Programme, Shakti Foundation for Disadvantaged Women, Bangladesh (Presentation - PDF File) moderated by: Kathrin Hille, Beijing Correspondent, Financial Times |
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| Session D: Grand Ballroom D China Focus-The Roadmap for Financial Literacy among Chinese Consumers (Summary - PDF File English Version | Chinese Version) Several financial education initiatives are underway in China, but they are relatively new and are only reaching a fraction of the population. What kind of financial literacy framework is needed to help Chinese consumers make more informed financial decisions, and increase their financial independence and well-being? Hear these experts’ recommendations on the types of strategies, collaborations and core initiatives that are needed to raise China’s financial literacy levels and support its economic growth in the coming decades.
Jiao Jinpu, Graduate School Administration Committee, People's Bank of China (PBOC)
Wang Xiaolei, Director, Credit Information System Bureau, People's Bank of China (PBOC) (Presentation - PDF File) Xie Bing, Senior Technical Advisor, GTZ China (Presentation - PDF File) moderated by: Nick Huang, Financial Institutions Group Head, Greater China, Citi |
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| 15:45 - 16:15 | Networking Break |
| 16:15 - 17:45 | PLENARY PANEL DISCUSSION
Are We Moving the Needle? Measuring the Impact of Large-scale Financial Education Initiatives
Increased funding for financial education by various stakeholders is compounding the need to demonstrate a return on investment. Experienced financial education providers and researchers from different parts of the world will discuss the extent to which financial education initiatives have helped to improve the financial literacy levels of large population segments, the challenges of quantifying the social and economic benefits of financial education, and future plans or recommendations to provide more evidence of incremental impact.
Juanita Amatong, Member, Monetary Board, Bangko Sentral ng Pilipinas, Philippines
Adele Atkinson, Research Associate, Personal Finance Research Centre, University of Bristol, UK (Presentation - PDF File) Brent Neiser, Director, Strategic Programs and Alliances, NEFE (National Endowment for Financial Education), U.S. (Presentation - PDF File) Jennefer Sebstad, Senior Advisor, Microfinance Opportunities (Presentation - PDF File) moderated by: Nimal Fernando, Consultant, CGAP |
| 17:45 - 18:00 | CLOSING REMARKS
Huang Xiaoguang, President, Citibank China Mark Nieker, President, Pearson Foundation |
| The organiser reserves the right to alter the programme and speakers as may be necessary. |
