Plenary - Cultivating the Next Generation of Leaders

#17MCSummit

17TH MICROCREDIT SUMMITGENERATION NEXT: INNOVATIONS IN MICROFINANCE

Cultivating the Next Generation of Leaders

#17MCSummit


Moderator: Glynis Rankin CEO, Creative Metier

Panel:Jared Penner Manager, Global Engagement and Evaluation, Child & Youth Finance International

Celina Kawas Manager Research, Women’s World Banking

Mercedes Canalda de Beras-Goico President, ADOPEM

Nasser Al-Kahtani Executive Director, AGFUND

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“Is the development of leaders a challenge for your organization?”

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Clients

Staff - Organization

Vision - Mission

Territory -Terrain/

Environment

Resilience

Creative Metier’s Leadership Study

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Do you think that the younger generation of leaders have

different challenges from those of industry founders?

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Empowering the Younger Generation of Leaders in

Microfinance

Jared PennerCYFI

Manager, Global Engagement and Evaluation

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7

The Child and Youth Finance Network

The Vision and Mission of CYFIThe current picture

Empowering all children and youth across the world, through a network of government authorities, financial services providers and youth serving organizations:

• Increasing their financial capability, enhancing their awareness of social and economic rights

• Improving their access to appropriate formal financial services,

• Reshape the financial ecosystem for enabling future Economic Citizenship

• Reaching 100 million children and youth in 100 countries with integrated financial and educational services

The current cohort of children & youth is the largest in history, with over 2.2 billion. However:

• Almost 1 billion of the world’s young people are living in poverty

• 12.6% of youth are unemployed globally

• Less than 10% of children have access to financial education and financial inclusion

• Only 37.9% of youngsters have formal financial institution accounts

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Empowering Young Leaders in Microfinance

Challenges• Building credibility,

legitimacy and accountability

• Convincing stakeholders to invest in youth strategies

• Balance social with financial goals

Support Strategies• Professional Development

exchange programs• Regional Knowledge

Exchange• Case studies and

frameworks on the business case for youth financial services

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Who thinks that the younger generation of leaders have different challenges to those of

industry founders?

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Celina Kawas Manager Research

Women’s World Banking

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Women’s World Banking: Mission and Impact

To expand the economic assets, participation, and power of low-income women and their households by helping them access financial services, knowledge, and markets

35+ years focused on women’s access to finance 34 institutions 24 countries: 6 in Africa, 6 in LAC, 6 in Asia, 6 in EMENA 20 million active clients; 70% women $7.7 billion in outstanding loan portfolio; $5.1 billion in deposits

One day all women will be able to build a secure financial future for themselves and their households

Mission

Vision

Global Footprint

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Developing Principled Leadership to Better Serve the Women’s Market

• Women’s Leadership – Trends in the Data – Globally women ~40-47% of staff– But, women are under-represented at the management and board levels

• The Business Case for Diverse Leadership– Decision making – diverse perspectives, stronger decisions and institutions– Mirroring the market – voice in design and delivery of products targeting women– Impact of role models – inspiration to clients– Link between diversity and financial performance

• Women’s World Banking’s initiatives– Trained 438 leaders from 150 institutions in 65 countries– 2015 launch of newly designed Leadership and Diversity for Innovation program to

enable institutions to better serve the women’s market

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Do you think it is important to develop

women leaders in your organisation?

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Mercedes Canalda de Beras-Goico

PresidentADOPEM

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Dominican Republic

Our customers Microempresas* Progress

CUSTOMERS

Number of Loans 186,251

Number of savings accounts 315,168

6.5% PEA

FEATURES

Average Amount of Loans US $ 450

Calcification Fitch A+

Calcification MicroRate Social 4.5

Calcification MicroRate Financial +

8% SFN

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From the Founders:

Mission Goals ResultsSelf Sufficient /

non profit

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This Generation

Team Pasion Creativity and create value

Balance between social and finance

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Cultivating the next Generation of Leaders

in Microfinance Institution

Ata Movil New ProductsCloser to your clientTecnology

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Are you concerned about succession to the most senior roles in your

organization?

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Cultivating the Next Generation of Microfinance Leaders

AGFUND’s Experience in

Nasser AlkahtaniExecutive Director

AGFUND

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How Does AGFUND Create Leaders?

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• Loan Officers Scaling Path

1 – 2 Years

1. Loan Officer

• Training• Development• Assessment

2. Supervisor

• Training• Development• Assessment

3.Branch Manager

1 – 2 Years

Loan Officers leadership growth:

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Do you invest in the development of

supervisors to become Branch Managers ?

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Panel Discussion

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Q&A

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Join Creative Metier’s workshop to discuss the Leadership Study:

Friday 5 September

11am

Sala 5

Economy & Finance

Plenary - Cultivating the Next Generation of Leaders