Digital Technology and Financial Inclusion

In a world where an estimated 2.5 billion adults lack access to financial services, many central banks have made financial inclusion one of their core objectives. To bring financial services to millions of underserved poor households has long been a daunting challenge. Digital technology now promises to put that goal within reach.

Join us for a live webinar on Digital Technology and Financial Inclusion with Duvvuri Subbarao,  Governor of the Reserve Bank of India (2008-2013), and Amando Tetangco, Governor of the Bangko Sentral ng Pilipinas (2005-2017). Our two eminent panelists were deeply involved in financial inclusion initiatives in their countries, and both know the challenges from first-hand experience. This event is moderated by our own Professor Eli Remolona and is part of our Conversations on Central Banking series.

 

About the Panelists:

Duvvuri Subbarao, Former Governor of Reserve Bank of India

Duvvuri Subbarao served as Governor of the Reserve Bank of India for five years (2008-13). Prior to that, he was Finance Secretary to the Government of India (2007-08) and Secretary to the Prime Minister’s Economic Advisory Council 2005-07.

As a career civil servant in India for over three decades and as a lead economist in the World bank for five years, Subbarao acquired vast hands-on experience in public finance management.

Subbarao holds a Masters Degree in Physics from the Indian Institute of Technology, Kanpur. He studied Economics at the Ohio State University and later at MIT. He has a PhD in Economics from the Andhra University.

Subbarao’s book “Who Moved My Interest Rate” chronicling his experiences in leading the Reserve Bank of India through five turbulent year is best known for the way he explained the policy dilemmas and challenges facing an emerging economy central bank in a globalized world

 

Amando Tetangco, Former Governor of the Bangko Sentral ng Pilipinas

Amando Tetangco was the Bangko Sentral ng Pilipinas (BSP) Governor and the first BSP governor to serve two terms. Being the only person to have been appointed to serve for two terms, Amando Tetangco, Jr. has been the governor of Bangko Sentral ng Pilipinas (BSP) since 2005. Over the course of his career, Tetangco has managed to work towards delivering mandates of manageable inflation, a stable banking system, and inroads to financial inclusion. He has been recognized internationally as one of the best central bankers. As governor, he is also the Chairman of the Monetary Board, Anti-Money Laundering Council and Philippine International Convention Center;

Tetangco is a career central banker, having joined the BSP in 1974 after working for an accounting firm for about a year. He was Alternate Executive Director of the International Monetary Fund in Washington from 1992-1994. He studied economics at the Ateneo de Manila University, graduating cum laude, and holds an MA in Public Policy and Administration at the University of Wisconsin.