[ad_1]
FOR IMMEDIATE RELEASE:
Contact: Karen Miller, +1 212 556 3149 or klm@womensworldbanking.org
SINGAPORE—World NGO Ladies’s World Banking as we speak introduced the launch of their Southeast Asia Advisory Council, a gaggle of 13 high-profile leaders with the frequent purpose of advancing ladies’s monetary inclusion all through the area. Her Excellency Sri Mulyani Indrawati, Minister of Finance of the Republic of Indonesia, will function Honorary Chair of the Council.
“In accordance with the World Financial institution’s newest knowledge, almost a 3rd of ladies in Southeast Asia lack entry to a checking account. As a number of the most distinguished personal and public sector leaders in Southeast Asia, this group just isn’t keen to face by whereas ladies are regularly not noted of the formal financial system,” stated Mary Ellen Iskenderian, President and CEO of Ladies’s World Banking. “We’re thrilled to convene this distinguished group to hitch our mission to ship probably the most sustainable and modern approaches to reaching ladies’s monetary inclusion.”
The Advisory Council, made doable with funding from the Division of International Affairs and Commerce of Australia (DFAT), represents the banking, expertise, authorities and client items industries. The group will develop a sturdy, actionable technique for influencing key stakeholders all through the area who’re finest positioned to advance ladies’s monetary inclusion.
“We’re united within the mission to deliver ladies into the formal monetary sector, recognizing that that is the important thing to economically empowering ladies,” stated Honorary Chair Her Excellency Sri Mulyani Indrawati. “I’ve seen firsthand how entry to finance generally is a key driver for bettering ladies’s lives—from rising their companies to saving for his or her futures to strengthening their resilience. I sit up for working with my distinguished Council colleagues to advocate for these ladies.”
Becoming a member of Her Excellency Sri Mulyani Indrawati on the Advisory Council are:
Mr. Taimur Baig, Managing Director and Chief Economist, DBS Financial institution, Singapore
Her Excellency Serey Chea, Director Basic, Nationwide Financial institution of Cambodia
Mr. Jojo Malolos, CEO, WING, Cambodia
Ms. Nurhaida, Vice Chairman, Otoritas Jasa Keuangan (OJK), Indonesia
Ms. Cherie Nursalim, Vice Chairman, GITI Group, Indonesia
Ms. Lotte Schou-Zibell, Finance Sector Chief, Asian Improvement Financial institution, Philippines
Mr. Sze Tian-Poh, Private Care Lead, Southeast Asia and Australasia, Unilever
Ms. Sri Widowati, Head of Fb, Indonesia
Dr. Jaime Aristotle Alip, Founder and Chairman, CARD Financial institution, Philippines
Ms. Shuyin Tang, Companion, Patamar Capital, Vietnam
Mr. Nestor Espenilla, Jr., Governor of the Bankgo Sentral ng Pilipinas
“The caliber of the Council members is a testomony to the significance all of us place on correcting the persistent gender inequalities within the monetary system”, stated Amy Haddad, DFAT’s Principal Gender Specialist. “Australia is happy with our sturdy longstanding relationship with Ladies’s World Banking and excited that we are actually working collectively in Australia’s neighborhood, Southeast Asia. The Council’s give attention to breaking down obstacles to ladies’s financial participation will assist construct a path for girls’s monetary inclusion and finally, their financial empowerment”.
The Council’s first gathering takes place in Singapore on Might 21, 2018. The members will convene twice a yr in Southeast Asia to drive the cross-sector options that may deliver extra ladies into Southeast Asia’s formal monetary sector.
With help from DFAT and the Invoice and Melinda Gates Basis, Ladies’s World Banking is working all through Southeast Asia to advertise ladies’s monetary inclusion. This method features a vary of interventions, from creating digital insurance coverage merchandise in Cambodia to delivering a region-wide Ladies in Management Program to advance ladies executives within the monetary companies sector. Most lately the group renewed an MOU with the Secretariat of the Nationwide Council for Monetary Inclusion of Indonesia (Secretariat) to develop the nation’s technique to beat longstanding monetary inclusion obstacles for girls.
The Southeast Asia Advisory Council was based mostly on the success of Ladies’s World Banking’s Africa Advisory Council, shaped in 2014, which advocates for girls’s monetary inclusion throughout Sub Saharan Africa.
ENDS
Ladies’s World Banking is the worldwide chief in ladies’s monetary inclusion. Rooted in our deep understanding of the ladies’s market, we sort out monetary inclusion in three interconnected methods: first, by partnering with monetary companies suppliers to develop scalable market-driven options; second, by our gender-lens personal fairness fund; and, lastly, as a result of numerous establishments are confirmed to be stronger, we construct institutional capability by management and variety packages. By this holistic method and our world attain of 49 establishments in 31 nations, we speed up financial alternative for low-income ladies and progress for monetary service suppliers within the rising markets.
[ad_2]
