Events
Global Symposium on Development Financial Institutions: 'Balancing Sustainability and Social Mandate: Development Financial Institutions in a New World'
September 19-20, 2017Kuala Lumpur, Malaysia

The World Bank Group and Bank Negara Malaysia organized a global symposium on development finance institutions (DFIs), “Balancing Sustainability and Social Mandate: Development Financial Institutions in a New World.” The event was held September 19 – 20, 2017 in Kuala Lumpur, Malaysia.

Global Symposium on Development Financial Institutions

The Objectives of Symposium

The symposium with the theme Balancing Sustainability and Social Mandate: Development Financial Institutions in a New World provided an avenue for various stakeholders of DFIs, which include government officials, regulators, DFIs, academia and researchers; to share, learn as well as exchanging of ideas on the global trends, current and future outlook, best practices & regulations, innovations and contemporary issues surrounding the development finance ecosystem.

Broad objectives of the symposium:

  • Assess the role and recent evolution of DFIs, including global trends, new paradigms in development finance, and new role for DFIs in fulfilling the sustainable development goals (SDGs).
  • Showcase successful cases of DFIs in SME finance, agriculture finance, export-import finance, infrastructure finance.
  • Distill sound practices on  corporate governance, regulation & supervision, risk management, and monitoring and evaluation of DFIs
  • Identify social and environmental standards for DFIs; and
  • Discuss the challenges faced by DFIs looking forward.

Target Audience

Global policymakers responsible for the development of finance sector, government officials, regulators, DFIs players and potential players, academia and researchers.

Please find the Agenda here (pdf).

Session 1

2017 Global Survey on Development Banks/Development Financial Institutions (DFIs)

Findings of the 2017 Global Survey on Development Banks
José de Luna Martínez, World Bank Group

State Owned Financial Institutions in Europe and Central Asia
Ilias Skamnelos, World Bank Group

 

Session 2

Transforming the World: Redefining the Role of DFIs in the New Millennium

Transforming the World: Redefining the Role of DFIs in the New Millennium
Diana Smallridge, International Financial Consulting

Innovative Experiences in Access to Finance: Market-Friendly Roles for the Visible Hand?
Sergio Schmukler, World Bank Group

 

Session 3

Delivering Inclusive and Sustainable Strategic Sectors (Micro, SMEs and Agriculture)

Delivering Inclusive and Sustainable Strategic Sectors (Micro, SMEs and Agriculture)

Ana Cláudia Além, Brazilian Development Bank (BNDES)

Introduction Rabo Development & RIAS
David Gerbrands, Rabobank Group

Delivering Inclusive & Sustainable Strategic Sectors (Micro, SMEs, Agriculture)
Lalit Raina, World Bank Group

Sustainable Development Financing
R Amalorpavanathan, National Bank for Agriculture and Rural Development (NABARD)

 

Session 4

Leading Transformational Changes in Industrial Development (Infrastructure and Trade)

Who Can and Should Finance Infrastructure? Lessons from International Data
Ricardo Bebczuk, Banco de Inversión y Comercio Exterior (BICE)

JBIC's Experience
Tomoyuki Ichijo, Japan Bank for International Coorporation (JBIC)

 

Session 5

Striking the Right Balance in Regulation and Supervision of DFIs

Striking the Right Balance in Regulation and Supervision of Development Finance Institutions

Anthony Julies, National Treasury, Republic of South Africa

KEXIM's Experience

Hyunsoo Jung, Korea Eximbank

FSI Insights on Proportionality

Sabrina Ruhnau, Deutsche Bundesbank

 

Session 6

Governance and Risk Culture: Pillars for Sustainability

Corporate Governance Reform in DFIs: Lessons Learned from World Bank Experience
Alex Berg, World Bank Group

Governance and Risk Culture: Pillars for Sustainability
Angelina Kwan, HKEX Group

KEXIM's Experience
Hyunsoo Jung, Korea Eximbank

 

Session 7

Measuring What Matters: Effective Performance Indicators

Measuring What Matters: Effective Performance Indicators
Caroline Heider, World Bank Group

The South African Experience
Anthony Julies, National Tresaury, Republic of South Africa

Measuring What Matters: Effective Performance Indicators
Diana Smallridge, International Financial Consulting

 

Session 8

Bridging the Gap: Crowding in the Private Sector

A Catalytic Agent to Prevent Market Failures and to Address Financial Scarcity and the Opportunity for Public Private Partnership
R. Amalorpavanathan, National Bank for Agriculture and Rural Development (NABARD) 

Bridging the Gap: Crowding in the Private Sector - #1
Ana Cláudia Além, Brazilian Development Bank (BNDES)

Bridging the Gap: Crowding in the Private Sector - #2
Shaharuddin Zainuddin, Malaysia Development Bank (BPMB)

 

Session 9

Raising the Bar: Why Should DFIs Meet Higher Environmental, Social and Governance Standards? 

Raising the Bar: A Values-based Perspective
David Korslund, Global Alliance for Banking on Values

Environmental Social and Governance (ESG)
Mukhtar Hussain, HSBC Bank Malaysia Berhad

Introduction to Integrated Reporting
Jonathan Labrey, International Integrated Reporting Council (IIRC)

 

Session 10

Widening the Net: Deposit Insurance for DFIs

Widening the Net: Deposit Insurance for DFIs
David Walker, International Association of Deposit Insurers (IADI)

Widening the Net: Deposit Insurance for Development Financial Institution - PIDM Perspective
Rafiz Azuan Abdullah, Perbadanan Insurans Deposit Malaysia (PIDM)

Connecting and Enabling DFIs and Communities in the Philippines
Romeo M. Mendoza, Jr., Philippine Deposit Insurance Corporation (PDIC)

 

Session 11

DFIs as Frontier of the Future

Role and Future Challenges of Development Financial Institutions
Edgardo Alvarez, Latin American Association for Development Financing Institutions (ALIDE) 

DFIs as Frontier of the Future
Lalit Raina, World Bank Group