March 21, 2010

7.30 pm
Arrival and Registration followed by Reception and Dinner.

March 22, 2010

INAUGURAL
9.30-10.45
  09.30-09.35 Welcome address by Dr. K C Chakrabarty, Deputy Governor, Reserve Bank of India
  09.35-09.45 Special Remarks by Mr. Ashok Chawla, Finance Secretary, Ministry of Finance, Government of India
  09.45-09.55 Address by Ambassador Richard A. Boucher, OECD Deputy Secretary General
  09.55-10.10 Opening Remarks by Dr. D Subbarao, Governor, Reserve Bank of India
  10.10-10.30 Keynote Address by Mr. Pranab Mukherjee, Hon’ble Finance Minister, India
  10.30-10.40 Release of RBI book on ‘Financial Planning by First-time Earners’ authored by Mrs.Swapna Mirashi by Mr. Pranab Mukherjee, Hon’ble Finance Minister, India
  10.40-10.45 Vote of Thanks by Mr. V.K. Sharma, Executive Director, Reserve Bank of India

NETWORKING BREAK

BUSINESS SESSION I: FINANCIAL LITERACY AS A MEANS TO FINANCIAL INCLUSION

11.00 – 12.45
CHAIRPERSON: Dr. K C CHAKRABARTY, DEPUTY GOVERNOR, RESERVE BANK OF INDIA

PANELISTS:
  • Dr. K P Krishnan, Joint Secretary - Capital Markets , Ministry of Finance, Government of India
  • Dr. Muliaman Haddad, Deputy Governor, Bank Indonesia or Mr. Halim Almasyah, Director, Banking Research and Regulation Department
  • Dr. Zhang Hongsheng, Vice Head of Division on Credit Information System Bureau of Peoples’ Bank of China
  • Ms. Olivia Davids, Head of Department, Consumer Education, Financial Services Board, South Africa
This session will focus on:
  • The importance of developing financial inclusion programmes combined with financial literacy endeavours
  • OECD framework for financial literacy
  • Financial literacy and awareness – importance of developing instruments for effective and credible financial inclusion including the use of social networking sites
  • Challenges and solutions

12.45 – 14.00
LUNCH HOSTED BY DR. K C CHAKRABARTY, DEPUTY GOVERNOR, RESERVE BANK OF INDIA


BUSINESS SESSION II: ROLE OF INSTITUTIONS IN DELIVERING FINANCIAL LITERACY

14.00 – 15.30
CHAIRPERSON: MR. ANDRE LABOUL, HEAD, OECD FINANCIAL AFFAIRS DIVISION AND CHAIR, INTERNATIONAL NETWORK ON FINANCIAL EDUCATION (INFE)

PANELISTS
  • Ms. Flore-Anne Messy, Principal Administrator, OECD
  • Mr. Adinan Maning, CEO, Bank Simpanan Nasional, Malaysia and President, Asia-Pacific Region for te World Savings Banks Institute
  • Mr. Gary Millner, Director of Operations of the UK Personal Finance Education Group
  • Mr Alok Prasad, Citibank and a speaker from Meljol (Presentation of a successful public-private partnership in India)

This session will focus on:
  • Role of institutions and self regulatory bodies in the financial literacy process
  • How to manage possible conflicts of interest
  • Development of codes of conduct and quality label
  • Responsible selling practices
  • Support to financial literacy programmes including school programmes
  • Other public-private partnerships

15.30 – 16.00
 NETWORKING BREAK

BUSINESS SESSION III: CAPACITY BUILDING IN FINANCIAL LITERACY

16.00 – 17.30
CHAIRPERSON: MS. SUE LEWIS, HEAD OF SAVING AND INVESTMENTS, UK HM TREASURY, CHAIR OF THE OECD/INFE SUB-GROUP ON FINANCIAL EDUCATION PROGRAMMES IN SCHOOLS

PANELISTS
  • Mr. V.S. Das, Executive Director, Reserve Bank of India
  • Mr. Jacub Skiba, Member of the Board, National Bank of Poland
  • Ms. Delia Richards, Chair, ASIC in the Community, ACT Regional Commissioner, Acting Executive Director Consumer Protection & International
  • Mr. Jose Alexandre Cavalcanti Vasco, Head, Education and Investor Assistance Department, CVM, Brazil
  • Shaun Mundy, former head of financial capability at the FSA UK

This session will focus on:
  • Level of literacy of the young population
  • Importance of teaching children about personal finance at early age
  • Main challenges to the integration of financial education in school programmes
  • Solutions, international best practices, OECD Guidelines
  • Training of teachers, development of materials and adequate pedagogic tools
  • Evaluation of programmes

19.00-20.00
PRE-DINNER TALK BY MS. ELA BHATT (SEWA) ON OUTREACH AND REACHING OUT

20.00
RECEPTION AND DINNER TO BE HOSTED BY MR. V K SHARMA, EXECUTIVE DIRECTOR, RESERVE BANK OF INDIA

END OF DAY 1

March 23, 2010

BUSINESS SESSION IV: FINANCIAL LITERACY STRATEGIES: INDIAN, SOUTH AND SOUTH EAST ASIAN EXPERIENCE

9.00 – 10.30
CHAIRPERSON: MR. R. GOPALAN, SECRETARY, DEPARTMENT OF FINANCIAL SERVICES, MINISTRY OF FINANCE, GOVERNMENT OF INDIA

PANELISTS:
  • Ms. Koid Swee Lian, Director of Consumer and Market Conduct Department, Bank Negara Malaysia
  • Ms. Belinda G. Caran, Acting Deputy Director and Head, Financial Consumer Affairs Group, Bangko Sentral Ng Pilipinas
  • Ms. Christina Tan, Deputy Director, MoneySENSE Secretariat, Monetary Authority of Singapore (MAS)
  • Shri P.K. Tiwari, Executive Director, Provident Fund Regulatory and Development Authority

This session will focus on:
  • Development of financial literacy initiatives and strategies in India and in South and South East Asia
  • Importance of financial literacy in the region: Main issues, challenges and solutions
  • OECD Principles and Good Practices
  • Evaluation of programmes

10.30-11.00
 NETWORKING BREAK

BUSINESS SESSION V: ASSESSING NEEDS AND GAPS: DEVELOPMENT OF BASELINE SURVEYS ON FINANCIAL LITERACY AND INCLUSION

11.00-12.30
CHAIRPERSON: MR. HELMUT-HANS KOTZ, MEMBER OF BUNDESBANK EXECUTIVE BOARD AND CHAIR OF OECD COMMITTEE ON FINANCIAL MARKETS

PANELISTS
  • Mr. Bruno Levesque, OECD Principal Administrator, OECD/INFE
  • Ms. Diana Crossan, Retirement Commission, New Zealand
  • Ms. Norasi Bukhamana, Team Executive, Strategy Team, Central Bank of Thailand
  • Dr. Monique Cohen, Founder-President, Microfinance Opportunities, Washington

This session will focus on:
  • Importance of assessing the needs and gaps in respect of financial literacy and inclusion
  • Main challenges in the development of a related methodology and its implementation
  • Identified solutions and OECD/INFE good practices
  • Results and their follow up

12.30 – 13.00
CLOSING REMARKS
  • MR. ANDRE LABOUL, HEAD, OECD FINANCIAL AFFAIRS DIVISION AND CHAIR, INTERNATIONAL NETWORK ON FINANCIAL EDUCATION (INFE)
  • MR. HELMUT-HANS KOTZ, MEMBER OF BUNDESBANK EXECUTIVE BOARD AND CHAIR OF OECD COMMITTEE ON FINANCIAL MARKETS
  • Mrs. USHA THORAT, DEPUTY GOVERNOR, RESERVE BANK OF INDIA
  • MR. V K SHARMA, EXECUTIVE DIRECTOR, RESERVE BANK OF INDIA

13.00-14.30
LUNCH HOSTED BY THE OECD

14.30-18.00
OECD/RBI Roundtable on the Role of Central Banks in Financial Literacy and Inclusion
(For Representatives of Central Banks Only.)
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