AEIR 2022



Premiered on:
20 Jul 2021 (Tuesday)
9:00–10:30 am (Manila)
Microsoft Teams Meeting

How Fintech Can Help Achieve a Sustainable and Inclusive Recovery

This webinar examined the main trends in alternative finance outlined in the Cambridge for Alternative Finance 2nd Global Alternative Finance Market Benchmarking Report, with particular emphasis on developments in the Asia and the Pacific region. It further brought together experts in the field who discussed opportunities and challenges offered by Fintech as well as its potential to jumpstart sustained and inclusive development.

Opening Remarks:
Yasuyuki Sawada Chief Economist and Director General, Economic Research and Regional Cooperation Department (ERCD), Asian Development Bank (ADB)

Yasuyuki Sawada is chief economist of the Asian Development Bank (ADB) and director general of its Economic Research and Regional Cooperation Department. He is chief spokesperson on economic and development trends and leads the production of ADB’s flagship knowledge products and support for regional cooperation fora.

Before joining ADB, Mr. Sawada was professor of economics at the University of Tokyo and has led numerous large-scale development policy evaluation projects for various institutions. His key research areas are development economics, microeconometrics, economics of disasters, and field surveys and experiments. Mr. Sawada obtained his PhD in economics from Stanford University.

Main findings from 2nd Global Alternative Finance Market Benchmarking Report
Krishnamurthy Suresh Senior Market Researcher for Asia and the Pacific region, Cambridge Centre for Alternative Finance, University of Cambridge
Bio Presentation

Krish is a Senior Market Researcher for Asia-Pacific region at the Cambridge Centre for Alternative Finance (CCAF) and holds a PhD degree from a university in India. He has co-authored over six industry reports since joining. Prior to joining CCAF, he was working as a research associate with the Indian Institute of Management (IIM) Bangalore, India. His research focus is on small and medium enterprise (SME) financing, new and alternative financing models for startups and SMEs, as well as FinTech regulatory frameworks. He was a visiting fellow (Pavate fellow) at the Cambridge Judge Business School in 2018.

Panel Discussion:
Jong Woo Kang Principal Economist, Regional Cooperation and Integration Division (ERCI), ERCD, ADB

Jong Woo Kang is principal economist at the Economic Research and Cooperation Department of the Asian Development Bank (ADB). He is a seasoned economist with extensive knowledge and experiences on policy and strategic issues. He was senior advisor to the managing director general of ADB and senior economist at Strategy and Policy Department at ADB. He leads the annual publication of Asian Economic Integration Report. Areas of his research interest include regional integration, inclusive growth, macroeconomic and international trade policies, and aid effectiveness. He has published research articles in academic journals such as Journal of Development Economics, Journal of Applied Economics, and Journal of World Trade, and wrote numerous blogs and opinion articles on global macroeconomy and international trade and finance. Before joining ADB, he was director at Ministry of Finance and Economy of the Republic of Korea. He got his BA in economics and MA in public administration from Seoul National University, and PhD in economics from University of Washington.

Mamiko Yokoi-Arai Deputy Head of Financial Markets Division, Head of Infrastructure and Alternative Financing, OECD
Bio Presentation

Mamiko Yokoi-Arai leads the work of the OECD on financial market policy issues, and is responsible for developing policy in relation to infrastructure and alternative financing, as well as leading the work on blockchain and digitalisation in finance. The OECD is advancing the development of a high-level recommendation on DLT, in parallel with the bringing together of relevant stakeholders in the form of its annual OECD Blockchain Policy Forum, which will take place in September 2021 over the course of the month. She has extensive experience and publications in regulatory and policy issues in the financial sector. Until recently, she led the OECD work on insurance.

Dr. Yokoi-Arai previously worked at the Bank of Japan and the Japanese Financial Services Agency. She was a Reader in International Finance Law at Queen Mary, University of London for several years, teaching financial regulation and emerging market issues at the LLM programme.

She has a PhD in Law from the University of London, and a MA and BA from the University of Tsukuba.

Lowell Campbell Global Digital Finance Specialist, IFC

Lowell Campbell is Global Digital Finance Specialist at International Finance Corporation (IFC). With IFC, he assists institutions around the world in their digitalization efforts culminating recently in emerging market digital bank builds.

Mr. Campbell has over 20 years of experience in banking, payments, start-ups, agent management, platform building and FMCG, with global experience in diverse markets. He specializes in strategy, alternative distribution, digitising FI’s, digital banking, supply chain finance and payment optimisation, mobile payments, rural finance and retail lending and payments. He has experience in Asia, Africa, Middle East, Europe including focus on FCS environments.

Poornima Jayawardana Financial Sector Specialist, Public Management, Southeast Asia Department, ADB
Bio Presentation

Poornima Jayawardana is a Financial Sector Specialist from the Asian Development Bank (ADB). She has been involved in ADB’s financial inclusion interventions in the Southeast Asia region. Poornima holds an MSc in International Development from the University of Manchester in the UK, and BBA, MBA, and PhD degrees from the Ritsumeikan Asia Pacific University in Japan. She has also received Professional Education on Financial Inclusion and Financial Technology from the Harvard University in the USA, Oxford University, and Cambridge University in the UK.

Peter Rosenkranz Economist, ERCI, ADB
Bio Presentation

Peter Rosenkranz is an Economist in the Regional Cooperation and Integration Division in the Economics Research and Regional Cooperation Department of the Asian Development Bank (ADB). His knowledge work focuses on financial development and stability within the context of regional financial integration and cooperation in Asia, and the identification of related policy options. Recent work includes research on macrofinancial implications of nonperforming loans (NPLs) and policy options for NPL resolution, US dollar funding conditions, regional financial safety nets, and FinTech. He further supports ADB’s participation in regional policy forums, such as ASEAN, ASEAN+3, APEC, and ASEM.

He held prior positions at the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) as an Advisor on economic and development policy, and the European Central Bank (ECB) as a Market Infrastructure Expert. He holds a PhD in Economics from the University of Zurich, Switzerland; and his Master’s and Bachelor’s degrees in Economics from the University of Konstanz, Germany.