12/04/2013 | ||||
8:00 am - 9:00 am | Registration & Breakfast Co-Chairs Jasmine Thomas, Program Officer for International Financial Capability & Asset Building, Citi Foundation Winnie Huang, Finance Director, Pearson Education Greater China | |||
9:00 am - 9:15 am | WELCOME REMARKS Anthony Nappi, Chief Administrative Officer, Citi Asia
Pacific | |||
9:15 am - 9:45 am | OPENING ADDRESS Leonard
Cheng, Chairman, Investor Education Centre, and Non-Executive Director, Securities and Futures Commission, Hong Kong | |||
9:45 am - 10:35 am | INTERNATIONAL KEYNOTE SESSION Are Current Initiatives Helping People Become More Financially Capable? There is a growing consensus among policy-makers in both developed and emerging economies that financial capability is an essential life-skill that can help build and protect wealth, improve living conditions and promote greater economic stability. However, as national and multilateral strategies unfold, and partnerships with the private sector and civil society expand, questions are being asked about the direction and focus of these efforts as well as the channels and tools being used to achieve results. Are existing business models for providing financial education having sufficient impact on efforts to accelerate financial inclusion? While technology can be a critical enabler to help achieve outcomes at scale, is it overshadowing the value of human reasoning and empowerment? Annamaria Lusardi, Academic Director, Global Financial Literacy Excellence Center, George Washington University School of Business (Presentation - PDF File) Guy Stuart, Executive Director, Microfinance Opportunities Moderator: Graham
Macmillan, Senior Program Officer for Financial Inclusion, Citi Foundation | |||
10:35 am - 11:15 am | Networking Break | |||
11:15 am - 12:15 pm | CONCURRENT PANEL DISCUSSIONS Financial
Education Showcase (Part One) Understanding the financial knowledge and practices of lower-income workers presents an opportunity to identify strategies that improve the financial security of individual employees, households and the broader community. Practitioners will present different approaches to promote engagement and facilitate gains in financial knowledge, skills and behaviour that will help increase financial assets. Chhavi
Ghuliani, Manager, Advisory Services, BSR Amid rising concerns over public sector capacity to meet the needs of increasingly ageing populations through government pension funds and social schemes, preparation and active saving for future needs and expenses remains key, particularly among vulnerable groups. Experts discuss cutting-edge research and highlight model initiatives aimed at boosting financial capability and assets among ageing groups. Susana Concordo
Harding, Director, International Longevity Centre The first part of a two-part workshop designed to deliver more technical expertise in an accessible manner for financial education practitioners. This session will provide an introductory overview of the range of measurement and evaluation methodologies to assess programme implementation and results, as well as some impact measurement tools that can be applied to better understand the results achieved from financial capability initiatives. Alyna Wyatt,
Practice Manager, Genesis Analytics | |||
12:30 pm - 2:00 pm | LUNCH | |||
2:10 pm - 3:10 pm | CONCURRENT PANEL DISCUSSIONS Financial Education Showcase (Part Two) Session D By most accounts, global remittance flows surpassed US$500 billion last year. With the vast majority of funds being remitted by migrant workers to family members in their country of origin, programmes that help both parties set and implement financial plans as well as grow and preserve financial assets have gained prominence. Leading practitioners discuss their latest approaches for increasing economic progress for workers and their families. Irma Cosico,
CEO, ASKI Global, New mobile technologies such as smart-phones and tablets are key information and entertainment tools for today’s youth and are also becoming an important platform for programmes aimed at establishing good money management habits in and out of school. Specialists share their insights on the best way to integrate these technologies into financial education initiatives and the potential for replication across different countries and cultures. Koh Noi Keng,
Chair, Citi-NIE Financial Literacy Hub, National Institute of Education, The second part of a two-part workshop designed to deliver more technical expertise in an accessible manner for financial education practitioners. This session will focus on the development and application of appropriate monitoring and reporting metrics that can be used to measure the impact and cost-effectiveness of financial literacy initiatives. Joanne
Yoong, Assistant Professor, | |||
3:10 pm - 3:45 pm | Networking Break | |||
3:45 pm - 4:45 pm | PLENARY PANEL DISCUSSION supported by Visa Addressing the Financial Literacy Gap in Rural China | |||
4:45 pm - 5:45 pm | PLENARY SESSION ON BEHAVIOURAL ECONOMICS Behavioural
economics plays an important role in helping us better understand what
motivates decision-making and action (or inaction) in our lives. Ideas42 leads
a special session and interactive exercise highlighting key behavioural
economics theories and concepts relevant to financial education and capability
interventions. | |||
5:45 pm - 7:00 pm | COCKTAIL RECEPTION | |||
7:00 pm - 9:30 pm | GALA DINNER Welcome: Christine Lam, Country Business Manager, Citibank Global
Consumer Banking, Hong Kong and |
12/5/2013 | ||||
9:00 am - 9:40 am | Breakfast | |||
9:40 am - 9:45 am | OPENING DAY TWO | |||
9:45 am - 10:45 am | PLENARY PANEL DISCUSSION Measuring the Effectiveness of Financial Education: Time for Game-Changing Innovation | |||
10:45 am - 11:20 am | Networking Break | |||
11:20am - 12:20 pm | CONCURRENT PANEL DISCUSSIONS Financial
Education Showcase (Part Three) Session G Partners in Tung
Wah Group of Hospitals’ signature Hope Development Accounts initiative discuss
their latest research on savings behaviour among underprivileged youth and
families in | |||
12:30 pm - 2:00 pm | LUNCH Video: Exploring
the Challenge of Financial Education Across Emerging Economies | |||
2:10 pm - 3:10 pm | CONCURRENT PANEL DISCUSSIONS Financial
Education Showcase (Part Four) | |||
3:10 pm - 3:45 pm | Networking Break | |||
3:45 pm - 4:45 pm | PLENARY PANEL DISCUSSION Mapping the Future of Financial Education Senior policy-makers, regulators, financial service providers and inclusion experts recap the Summit discussions and share their insights about the steps necessary to achieve meaningful progress in substantially expanding financial capability, and the risks of failure. Special attention will be given to the progress of national financial education strategies, key goals and metrics for success, and how practitioners and private sector stakeholders can work more effectively with the public sector to produce greater impact and financial improvements for low-income consumer groups. Deepali Pant Joshi, Executive Director, Reserve Bank of India | |||
4:45 pm - 5:00 pm | Closing Remarks Weber Lo, Citi Country Officer and CEO, Citi Hong Kong and Macau |