3-4 February 2012
Goa, India

 

The international conference on investor education was co-hosted by the Securities and Exchange Board of India (SEBI) and OECD*.

 

In the presence of SEBI Chairman, Mr. Upendra Kumar Sinha and Ambassador Richard A. Boucher, Deputy Secretary-General of the OECD, the Conference focused on:

 

• exploring the specificities of investor education: the global context, rationale and research, main challenges, good practices and programmes to reach out to targeted groups as well as innovative solutions
• addressing international issues and analyse global trends, with a special attention to Asia and its investor education needs

Worldwide participants included high-level officials and experts from securities commissions, ministries of finance, central banks, regulatory and supervisory authorities, officials of State governments, the private sector, the academic and civil community as well as non-government organisations.

 

* The OECD contribution to this event was sponsored by the Government of Japan.

 

Documentation

• Programme
• Summary record
• Opening Remarks by the OECD Deputy Secretary-General, Mr. Richard Boucher
• Message from the Honourable Finance Minister of India, Mr. Pranab Mukherjee 
  (read by the Master of Ceremony)

 

Presentations

Day 1 - Session 1: Setting the policy framework for investor education

Moderator: Mr. André Laboul, Head of Financial Affairs Division, OECD and
Chair of the OECD International Network on Financial Education (INFE)
• Mr. Ananta Barua, Executive Director, SEBI, India
• Ms. Lori Schock, Director, Office of Investor Education and Advocacy, Securities and Exchange Commission (SEC), United States
• Mr. Mustafa Gumus, Deputy Head, Capital Markets Board, Turkey
• Mr. José Alexandre Cavalcanti Vasco, Head of the Investor Assistance & Education Department, Comissão de Valores Mobiliários (CVM),  Brazil

Discussant: Ms. Sue Lewis, Stl Consultants, United Kingdom

 

Session 2 : An educated investor is a better protected consumer

Moderator: Mr. Prashant Saran, Whole Time Member, SEBI
• Mr. Gary Tidwell, Senior Advisor, International Organization of Securities Commissions (IOSCO)
• Mr. Yoshitaka Sakai, Deputy Director for Research and Policy, Financial Services Agency (FSA), Japan
• Ms. Sujatha Sekhar Naik, Deputy General Manager & Head Investor Affairs & Complaints, Securities Commission, Malaysia
• Ms. Delia Rickard, Senior Executive, Australian Securities and  Investments Commission (ASIC), Australia

Session 3: Widening the impact of investor education: the role of various stakeholders and public-private partnerships

Moderator: Mr. Gerard Lemos, Chair, Money Advice Service, United Kingdom and Vice-Chair of the OECD International Network on Financial Education (INFE)
• Ms. Chitra Ramkrishna, Joint Managing Director, National Stock Exchange, India
• Mr. David Gerald, President of the Securities Investors Association, Singapore

• Mr. Vikram Chandra, Group CEO, New Delhi Television Limited, India
• Ms. Laurie Dufays, Deputy Director, World Savings Banks Institute (WSBI)
Discussant: Dr. Mike Orszag, Head of Research, Tower Watson, United Kingdom

Day 2 - Special Panel - The challenges of investor education:
What influences investors decisions and behaviours?

• Prof. Lewis Mandell, Professor of Finance and Dean Emeritus, State University of New York at Buffalo, United States
• Prof. Mark Fenton-O’Creevy, Professor of Organisational Behaviour, the Open University, United Kingdom

Workshops on Delivering efficient investor education programmes

WORKSHOP 1 on Adapting delivery to the needs of various and vulnerable audiences

WORKSHOP 2 on Innovative tools and impact of new technologies

Moderator: Mr. Rajeev Kumar Agarwal, Whole Time Member,  SEBI • Ms. Delia Rickard, Senior Executive, ASIC, Australia • Ms. Diana Crossan, Commissioner, Commission for Financial Literacy and Retirement Income, New Zealand • Prof. Lewis Mandell, Professor of Finance and Dean Emeritus, State University of New York at Buffalo, United States • Ms. Jayashree Vyas, Managing Director, Mahila Sahakari SEWA Bank Ltd., India

Moderator: Ms. Flore-Anne Messy, Principal Administrator, OECD • Ms. Lori Schock, Director, Office of Investor Education and Advocacy, Securities and Exchange Commission, United States • Prof. Mark Fenton-O’Creevy, Professor of Organisational Behaviour, the Open University, United Kingdom • Mr. Gerard Lemos, Chair, Money Advice Service, United Kingdom • Dr. R. Swaminathan, Observer Research Foundation, and Vice President, Chairman’s Office, Reliance Industries Limited, India

Session 4 : Integrating investor education initiatives in the national financial education agenda

Moderator: Mr. Yogesh Agarwal, Chairman, Pension Fund Regulatory and Development Authority (PFRDA)
• Ms. Flore-Anne Messy, Principal Administrator, Financial Education, OECD and Secretary of the International Network on Financial Education (INFE)
• Ms. Diana Crossan, Commissioner, Commission for Financial Literacy and Retirement Income, New Zealand
• Mr. Lyndwill Clarke, Head Consumer Education, Financial Services Board,
South Africa
• Ms. Ivy Lai, Director, External Relations, Securities and Futures Commission (SFC), Hong Kong

 

Contact

secretariatinfe@oecd.org

 

See also

International Gateway for Financial Education: www.financial-education.org