> Posted by Center Staff
About this time of year, before we launch into the promise and the chaos of January, it is helpful to reflect on the past 12 months.
Like many of you, CFI in 2016 can be characterized by change. We released the first reports from CFI Research Fellows. We established a new priority area for the Center in financial capability and financial health. The Smart Campaign pivoted towards digital financial services. We partnered with the Institute of International Finance (IIF) to examine how banks in emerging markets are driving financial inclusion. The Financial Inclusion Equity Council (FIEC) distilled how MFIs and other mission-driven organizations can preserve double bottom lines in initial public offerings (IPOs). We said so long to some long-time CFIers. We said welcome to some new ones.
Amid all the new initiatives, 2016 was also a year of deepening efforts in many legacy initiatives at CFI. The year saw significant progress in the Africa Board Fellowship Program, the Banana Skins report series, the Global Microscope report series, the Governance Working Group, Financial Inclusion Week, the Harvard Business School – Accion Program on Leadership in Inclusive Finance, the Microfinance CEO Working Group, and Smart Certification.
We thank you for your support this year on these and on all our efforts to advance financial inclusion around the world. To recap the year, here’s a quick rundown of CFI in 2016 in pictures. And Happy New Year!
The Smart Campaign Breaks New Ground
This year marked a shift in strategy for the Smart Campaign, with a greater emphasis on client protection issues emerging from new technologies and effecting change at the national level. The Campaign examined the client protection risks in the provision of financial services via agent banking and digital credit. It also worked with the government of Myanmar to enshrine the client protection principles in the country’s new microfinance policy and with MFIN to develop a Grievance Redressal Mechanism Framework for the microfinance network in India. Read the rest of this entry »