> Posted by Center Staff

Expanding financial inclusion to the 2.5 billion unbanked individuals around the world is essential, but why does it matter, and is it possible in the next six years?

In recent years, the inclusion movement has achieved critical support and rapid progress. Last year universal financial access by 2020 was endorsed by World Bank President Jim Kim. Technology-enabled business models are catalyzing outreach, building on infrastructure like the mobile phones now accessible to six of the world’s seven billion people.

In the following video, global financial inclusion leaders explore the questions of whether financial inclusion is possible by 2020, and why we should work towards that goal.

The video features the following individuals:

  • Ajay Banga, CEO, MasterCard Worldwide
  • Cherie Blair, Founder, The Cherie Blair Foundation for Women
  • Sendhil Mullainathan, Professor of Economics, Harvard University
  • Mark Hookey, Founder, Demyst.Data
  • Nick Hughes, Director of Strategy, M-KOPA
  • Edward Effah, Managing Director, Fidelity Bank
  • Bob Annibale, Global Head, Citi Microfinance & Community Development, Citi
  • Jean-Claude Masangu Mulongo, Former Governor, Banque Centrale du Congo
  • Elly Ohene-Adu, Head of Banking Department, Bank of Ghana
  • Duvvuri Subbarao, Former Governor of Reserve Bank of India
  • Martyn Parker, Chairman, Global Partnerships, Swiss Re
  • Susie Lonie, Mobile Money Consulting Director, Consult Hyperion/SJLCS

To watch the video on our CFI YouTube page, click here.

Have You Read?

What Will You Do to Make Financial Inclusion a Reality by 2020?

A Global Challenge: Can We Achieve Financial Inclusion by 2020?

Financial Inclusion by 2020: Our Generation’s Equivalent of Putting a Man on the Moon