Plenary - Cultivating the Next Generation of Leaders

Cultivating the Next Generation of
17TH MICROCREDIT SUMMIT
#17MCSum
GENERATION NEXT: INNOVATIONS IN MICROFINANCE
mit
Leaders

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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Vision -
Mission
Resilience
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Clients
Staff -
Organization
Territory -
Terrain/
Environment
Creative Metier’s
Leadership Study

Do you think that the younger
generation of leaders have
different challenges from those
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of industry founders?

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Empowering the Younger
Generation of Leaders in
Microfinance
Jared Penner
CYFI
Manager, Global Engagement and
Evaluation

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7
The Child and Youth Finance Network
The current picture The Vision and Mission of CYFI
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

Women’s World Banking: Mission and Impact
Mission
To expand the economic assets, participation, and power of low-income women and their
households by helping them access financial services, knowledge, and markets
Vision
One day all women will be able to build a secure financial future for themselves and their
households
Global Footprint
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 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

Developing Principled Leadership to Better
#17MCSum
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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?

Mercedes Canalda de Beras-
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Goico
President
ADOPEM

6.5% PEA
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Dominican Republic
Our customers Microempresas* Progress
CUSTOMERS
Number of Loans 186,251
Number of savings accounts 315,168
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 Results
Self 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 Products
Closer to
Tecnology your client

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

AGFUND’s Experience in
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Cultivating the Next Generation of
Microfinance Leaders
Nasser Alkahtani
Executive Director
AGFUND

How Does AGFUND Create Leaders?
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Loan Officers leadership growth:
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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

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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

Join Creative Metier’s workshop to
discuss the Leadership Study:
#17MCSum
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Friday 5 September
11am
Sala 5

Plenary - Cultivating the Next Generation of Leaders

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Plenary - Cultivating the Next Generation of Leaders