Financial Sector Learning
Program
Silvina G. Vatnick
The World Bank
International Conference on Financing for Development
Tuesday, March 15, 2005
Hong Kong
Where We Are
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Increasing size…
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And scope…
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from 10 in FY01 activities to 29 last year
trained 2750+ clients and staff last year
Banking,
Capital Markets,
Policy,
Insurance/ Contractual Savings,
Technology- Fin Infrastructure & Access
Balancing global, regional, and country-focused activities
Strategic Partnerships with international/local organizations
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OECD, IOSCO, SEACEN, LSE, the FED, the US SEC, Brookings Institution,
BIS, FSI, IAIS, APEC, etc.
Where We Are (Cont.)
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Fee Revenues Fund a Third of the Program…
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Reaching Clients in New Ways…
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We are moving towards more fee-based activities
We believe fees are a market test for the quality and relevance of our
activities
Distance Learning for Insurance Supervision
CD-Rom Microfinance course with CGAP
Insurance Core Curriculum for Supervisors
Disseminating Best Practices in Books…
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Public Pension Fund Management,
Financial Supervisory Structures
Future of State-Owned Financial Institutions
Corporate Restructuring, etc.
Where we are going…
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Re-aligning our strategic priorities
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We identified three areas as priority:
1. Financial Infrastructure
2. Risk Management
3. Access to Finance
Where we are going…
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Incorporating more county-focused
learning activities in our work program
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Custom-tailored to the specific needs and
circumstances of the country
Build on working groups and communities of
practice
In partnership with local business associations,
NGOs and the government
Some Country-Focused Activities
Iraq:
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Training in Financial Sector Supervision
Brazil/Colombia/Turkey:
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Risk Management Workshop
China:
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China E-security Workshop
Seminar on Credit Reporting
Indonesia:
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NBFIs Development Workshop
Philippines:
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Workshop on Financial Supervisory Structure
Vietnam:
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Financial Training Seminar in Vietnam
How Can We Better Link Learning
with Operations?
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Build on working groups, communities of
practice—e.g. from Finance Forum
Reach out to country offices, disseminate
messages to country directors/economists
Draw policy messages, recommendations
from these discussions as inputs for: FS
indicators, board papers, development of
business groups, operational best practices