Finance and Private Sector Development, Financial Access Unit
Invite you to a book launch
Building Inclusive Financial Systems:
A Framework for Financial Access
Michael Barr, Anjali Kumar, and Robert E. Litan
Editors
Broad-based and inclusive financial systems can significantly aid financial
development, reduce poverty, and expand economic opportunity in developing
countries. Poor households and individuals often have difficulty obtaining
financial services for a multitude of reasons, including transaction costs,
perceived risk, inadequate legal and financial infrastructure, and information
barriers. Yet many financial institutions have begun making profitable inroads
into these underserved markets through the continuing expansion of financial
access and microfinance.
Building Inclusive Financial Systems offers an indispensable guide for
governments and the private sector to increase access effectively and
responsibly. Panelists will share their experience and views on new directions
in work in the area of financial access, building upon and extending themes in
the book.
Wednesday, January 16, 2008
4:00 - 6:00 pm
Presentation: 4:00-5.15 pm; Reception: 5.15 to 6.00 pm
World Bank J Building, Auditorium J1-050
For non bank staff, please RSVP to infoshopevents@worldbank.org
MODERATED BY
Elizabeth Littlefield
Director, World Bank and CEO of CGAP
Ms. Littlefield comes to CGAP from the investment bank JP Morgan, where she was
the Managing Director in charge of JP Morgan?s Emerging Markets Capital Markets.
As such, she was responsible for Central, Eastern and Southern Europe, Central
Asia, Middle East and Africa until leaving to join CGAP.
PANELISTS
Anjali Kumar
Adviser, Financial and Private Sector Development VP, World Bank
Ms. Kumar is an Adviser in the Financial and Private Sector vice presidency,
currently leading a unit engaged in building world wide indicators on financial
access. Her previous responsibilities included Lead Financial Economist, Latin
American region and Principal Economist, East Asian region. Her prior country
experience span the European region, the Middle East, South Asia and Africa. She
has been a consultant to the Ministry of Industry, Government of India, and held
a Fellowship at the Institute of Economic Growth, Delhi.
Marilou Uy
Sector Director, Africa Finance and Private Sector Development Department, World
Bank
Ms. Uy is the Sector Director for the Africa Finance and Private Sector
Development Department at the World Bank. Previously, she served as Director of
the Financial Sector Operations and Policy Department in the Financial Sector
Vice-Presidency (FSE) as well as Chair of the Financial Sector Board since
September 2002. Ms. Uy has worked on trade policy, investment climate, and
financial sector issues in various operational departments in Latin America,
Middle East, and South Asia.
Liliana Rojas-Suarez
Senior Fellow, Center for Global Development
Ms. Rojas-Suarez is the Chair of the Latin American Shadow Financial Regulatory
Committee (CLAAF). She has served as Managing Director and Chief Economist for
Latin America at Deutsche Bank, as the Principal Advisor in the Office of Chief
Economist at the Inter-American Development Bank, and as Deputy Chief of the
Capital Markets and Financial Studies Division of the Research Department at the
International Monetary Fund.
Peer Stein
Manager of Financial Infrastructure & Institution Building, International
Finance Corporation
Mr. Stein is overseeing and supporting IFC?s technical assistance and advisory
services in financial markets world-wide, including SME banking, housing
finance, microfinance, leasing, securities markets and energy efficiency
finance. Further, he is leading IFC?s and the World Bank?s advisory work in
financial infrastructure, specifically supporting the development of credit
bureaus to support greater access to finance in developing and emerging markets
as well as managing the World Bank?s Payment Systems Development Group.
Hanns-Martin Hagen
Vice President, KfW Bankengruppe
Mr. Hagen is Vice President of the unit for Financial and Private Sector
Development, Europe/Caucasus. Mr. Hagen is responsible for the development of
equity and debt instruments adapted to the needs of microfinance institutions
and local banks in developing and transitions countries. Prior to his current
position Mr. Hagen served as Senior Project Manager in the Asia and Pacific
Department (1999-2002) which followed a posting as Capital Markets Analyst in
KfW's treasury department (1997-1999). Prior to joining KfW he worked with
Deutsche Bank in Frankfurt (Germany) and Duisburg (Germany) where he received
his training.
Michael Barr
Professor of Law, University of Michigan
Mr. Barr is a nonresident Senior Fellow at the Brookings Institution in
Washington, D.C. He conducts large-scale empirical research on low- and
moderate-income households, including as the Principal Investigator for the
Detroit Area Household Financial Services Study at the Survey Research Center of
the University of Michigan and as a key researcher for the FDIC?s study of bank
services for LMI households. Mr. Barr previously served as Treasury Secretary
Robert E. Rubin?s Special Assistant, as Deputy Assistant Secretary of the
Treasury for Community Development Policy, and as Special Advisor to President
William J. Clinton.
_______________________________________________________________________________________________________
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