INTERACTIVE SESSION WITH THE BOSTON CONSULTING GROUP: FINANCIAL INCLUSION IN SOUTH A RICA

SATURDAY, 4:00PM – 6:00PM, ALDRICH 107

 

OVERVIEW:

Financial Inclusion (incorporating the unbanked/uninsured into formal financial services) remains a key focus of many emerging market governments and financial services CEOs. Financial inclusion not only helps governments propel socio-economic development and well-being, it opens a new market and provides significant revenue potential for banks and insurers. However, only by fully understanding and quantifying financial inclusion can stakeholders bring more people into the financial system.

 The Boston Consulting Group has designed an innovative new approach to thinking about, measuring and improving financial inclusion. Join us to explore a framework that is both comprehensive and practical. It is aimed at helping officials, policy makers and practitioners across geographies to identify key issues and develop initiatives to improve financial inclusion. Our analysis includes a deep-dive into South Africa as a market example, unpacking the root causes of financial exclusion and suggesting a path forward that incorporates both government and the private sector across Africa.

Adam Ikdal, Partner and Managing Director, The Boston Consulting Group

Adam Ikdal is a senior partner and has more than 20 years experience in BCG. He has previously worked in BCG’s Oslo, Stockholm and New York offices. He is currently the managing partner of BCG South Africa and is also part of the BCG Africa Leadership team. He is the lead partner for two of the largest infrastructure programs in Africa. He also leads the relationship with many of the leading global Multi National Companies in addition to large companies in Africa. A specific focus area is also serving international and regional PE players who are looking to tap into the huge potential on the continent. He is the author of many reports on doing business in Africa and a frequently used speaker in media and conferences.

 

Euvin Naidoo, Head Of The Financial Services And Public Sector Practices For Africa, The Boston Consulting Group

Euvin Naidoo is the first South African Partner and Managing Director to join The Boston Consulting Group's Johannesburg office where he serves as Head of the Financial Services and Public Sector Practices for Africa. Euvin's global and pan-African experience over the past 15 years encompasses engagement across more than 20 African countries within investment banking, personal and business banking, insurance, and risk, incorporating public-private partnerships, digital innovation, infrastructure and energy projects. Selected in 2009 as a Young Global Leader at the World Economic Forum (WEF), in 2012 he was recruited to the Forum’s Global Agenda Councils, where he served on the United States Council for 2 terms. He is a graduate of the Harvard Business School. Columbia University’s Journal of International Affairs has named Euvin one of the ‘Five Faces of African Innovation and Entrepreneurship’. In 2011, he was selected by Forbes as one of the African continent's Top 10 most ‘Powerful and Influential Men’ of his generation. Euvin Naidoo is the first South African Partner and Managing Director to join The Boston Consulting Group's Johannesburg office where he serves as Head of the Financial Services and Public Sector Practices for Africa. Euvin's global and pan-African experience over the past 15 years encompasses engagement across more than 20 African countries within investment banking, personal and business banking, insurance, and risk, incorporating public-private partnerships, digital innovation, infrastructure and energy projects. Selected in 2009 as a Young Global Leader at the World Economic Forum (WEF), in 2012 he was recruited to the Forum’s Global Agenda Councils, where he served on the United States Council for 2 terms. He is a graduate of the Harvard Business School. Columbia University’s Journal of International Affairs has named Euvin one of the ‘Five Faces of African Innovation and Entrepreneurship’. In 2011, he was selected by Forbes as one of the African continent's Top 10 most ‘Powerful and Influential Men’ of his generation. Euvin is a previous TED Global Opening Speaker, where he delivered an address on Investing in Africa.