We are proud to announce that Grassland Finance has achieved the milestone of serving clients in the microfinance industry for 10 years. In order to mark this special occasion, we will hold Grassland Finance 10-year Anniversary Celebration at the Hohhot Juva Jiaxi Hotel on September 17, 2019.
We are holding the celebration in Hohhot for over 200 colleagues and business partners from around the world, who have all helped us make this milestone possible. At the event, we will look back on our collective achievements, discuss industry developments, and champion financial inclusion.
In conjunction with the celebration, we will be organizing a panel discussion to explore some insights from some industry experts.
As one of the earliest players and microcredit companies in China, the 10-year development of Grassland also marks the 10-year journey of microcredit companies. Looking back, the industry has been through initiation, quick growth, and reform. New players like fintech companies have appeared and traditional players find themselves playing new roles. For microcredit companies, it has been a decade of both opportunities and challenges. As the country goes through financial inclusion reform, what is the new role, impact and potential for microcredit companies to further drive financial inclusion in China?
We are glad to have Ms. Fangfang Jiang, Senior Operations Officer at IFC to be our moderator for the forum where she will be hosting six guests to talk about Microcredit Company for Financial Inclusion: Growth and the Next Frontier.
Our panelist (ordered by initials):
Jiang, Fangfang Senior Operations Officer, IFC
Bei, Duoguang President, Chinese Academy of Financial Inclusion（CAFI）
Christine A. Engstrom Director, Asian Development Bank, Private Sector Financial Institutions
Division Private Sector Operations Department
Dr. Ding, Yu UNCDF Digital Economy Expert
Michael Schlein Accion President and CEO
Jiang, Fangfang, Senior Operations Officer, Head of IFC FIG (Financial Institutions Group) Advisory in Beijing. She oversees financial inclusion work in China, covering policy advocacy, sector level knowledge sharing and capacity building to individual firms/financial institutions, with a special focus on microfinance, SME, gender finance digital finance, and rural finance. She also participates in many financial inclusion projects and initiatives of IFC in Asia and beyond and has accumulated global knowledge and experience in financial inclusion. Fangfang Jiang graduated from Sichuan University in China with a bachelor degree in foreign trade, and obtained an M.A and an MBA degree in Bremen University of Applied Science in Germany.
Dr. Duoguang Bei, Co-chair and President of CAFI, Guest Professor and PhD Supervisor of School of Finance, RUC. Dr. Bei obtained a PhD of Economics at RUC in 1988, following which he worked successively for MOF, CSRC, CICC and JPMORGAN. He was also a visiting scholar, studying at UC Berkeley and Federal Reserve Bank of New York in early 1990s. Dr. Bei has produced abundant of publications, including influential books, such as On Macro-finance and An Analysis of the Flow of Funds in China, and won Sun Yefang Prize, China’s most prestigious award for academic accomplishment in economics. Whilst in the past Dr. Bei has led and completed priority research projects sponsored by State Social Science Foundation, he now focuses on financial inclusion by research and public advocacy. One of the most recent books was Sequence of Financial Development: from Macro-finance, Capital Market to Financial Inclusion, published by China Financial Publishing House in 2017. Dr. Bei is leading the study of national strategy of developing financial inclusion and the study of digital financial inclusion in China.
Christine A. Engstrom, Director of the Private Sector Financial Institutions Division at the Asian Development Bank. She leads ADB’s long-term debt and equity funding to financial institutions throughout ADB’s developing member countries in Asia and the Pacific, as well as ADB’s Trade Finance and Supply Chain Finance Programs, and Microfinance Risk Participation and Guarantee Program. Christine has worked at ADB since 2006, supporting private sector financial development with a focus on inclusive finance. Prior to joining ADB, she worked at Fannie Mae in Washington, D.C. She has also held various positions at the Overseas Private Investment Corporation and the International Finance Corporation. Christine has an MBA from Georgetown University, a master’s degree in international affairs from the University of Virginia, and a bachelor’s degree from the University of Washington.
Dr. Ding Yu, holder of master’s degree in economics, an MBA, and a PhD in Economics from the University of Cologne, Germany. Dr. Ding Yu has many years of experience with the Chinese banking industry, having assisted more than 20 Chinese regional banks with technology transfer in the field of microcredit, and was an expert team member for a leading internet bank in China in 2018. Since January 2019, Dr. Ding has been working as a digital economy expert at the UNCDF (United Nation Capital Development Fund).
Michael Schlein, President and CEO of Accion, brings nearly 30 years of extensive international banking, management and public service experience to his role. He is responsible for creating and implementing Accion’s strategy, managing its global team, and building a high-performing organization building partnerships with the public and private sector, encouraging more energy, investments, and action directed at creating a financially inclusive world. Michael has graduate and undergraduate degrees from the Massachusetts Institute of Technology where he graduated Phi Beta Kappa.