[ad_1]
FOR IMMEDIATE RELEASE:
Contact: Karen Miller, +1 212 556 3149 or [email protected]
SINGAPORE—International NGO Ladies’s World Banking right this moment introduced the launch of their Southeast Asia Advisory Council, a gaggle of 13 high-profile leaders with the frequent aim 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 line with the World Financial institution’s newest information, almost a 3rd of girls in Southeast Asia lack entry to a checking account. As a number of the most outstanding 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 economic system,” mentioned Mary Ellen Iskenderian, President and CEO of Ladies’s World Banking. “We’re thrilled to convene this distinguished group to affix our mission to ship essentially the most sustainable and progressive approaches to attaining ladies’s monetary inclusion.”
The Advisory Council, made attainable with funding from the Division of International Affairs and Commerce of Australia (DFAT), represents the banking, know-how, authorities and shopper items industries. The group will develop a strong, 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 convey ladies into the formal monetary sector, recognizing that that is the important thing to economically empowering ladies,” mentioned Honorary Chair Her Excellency Sri Mulyani Indrawati. “I’ve seen firsthand how entry to finance is usually a key driver for enhancing ladies’s lives—from rising their companies to saving for his or her futures to strengthening their resilience. I look ahead to 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 Common, 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”, mentioned Amy Haddad, DFAT’s Principal Gender Specialist. “Australia is happy with our sturdy longstanding relationship with Ladies’s World Banking and excited that we at the moment are 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 in the end, their financial empowerment”.
The Council’s first gathering takes place in Singapore on Might 21, 2018. The members will convene twice a 12 months in Southeast Asia to drive the cross-sector options that can convey 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 strategy 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 not too long ago 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 primarily based on the success of Ladies’s World Banking’s Africa Advisory Council, fashioned 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 deal with monetary inclusion in three interconnected methods: first, by partnering with monetary companies suppliers to develop scalable market-driven options; second, by way of our gender-lens personal fairness fund; and, lastly, as a result of numerous establishments are confirmed to be stronger, we construct institutional capability by way of management and variety packages. By means of this holistic strategy and our international attain of 49 establishments in 31 international locations, we speed up financial alternative for low-income ladies and progress for monetary service suppliers within the rising markets.
[ad_2]
