CENTRAL BANK OF THE REPUBLIC OF TURKEY AND CAPITAL MARKETS BOARD
INTERNATIONAL CONFERENCE ON FINANCIAL EDUCATION AND FINANCIAL AWARENESS: CHALLENGES, OPPORTUNITIES AND STRATEGIES
9-11 March 2011, İstanbul, Turkey
Ceylan Intercontinental Hotel
GOAL
Financial education, which would lead to increased financial awareness, is such a concept that each individual at any age and any income group needs to be involved in so as to properly manage investment and savings decisions and to be protected from possible losses. However, the improvement in the level of financial literacy lags behind the increased variety and complexity of financial products and services. Moreover, as indicated by the recent global financial crisis, there exists a close relationship between financial awareness and financial stability. In all these respects, it is quite clear that increasing financial literacy and consequently raising financial awareness by way of education should be given special importance and priority for the welfare of all nations.
The Central Bank of the Republic of Turkey (CBRT) and the Capital Markets Board (CMB) strongly believe that the international conference on “Financial Education and Financial Awareness: Challenges, Opportunities and Strategies” will be a significant step in increasing cooperation and enhancing exchange of information between national and international authorities on this significant issue.
AGENDA
Day 1
9 March 2011, Wednesday
19:00		WELCOME RECEPTION - HOSTED BY THE CBRT
Day 2
10 March 2011, Thursday
08:30 - 09:00		Registration
09:00 - 10:00		Opening Remarks
		Ali Babacan -Deputy Prime Minister and Minister of State, Turkey
		Durmuş Yılmaz - Governor, Central Bank of the Republic of Turkey (Speech)
		Prof. Vedat Akgiray - Chairman, Capital Markets Board of Turkey
		Mürsel Ali Kaplan - Chairman, Financial Crimes Investigation Board,Turkey (Speech)
10:00 - 11:00		Session 1: Financial Education and Financial Stability
Chairperson:		Durmuş Yılmaz - Governor, Central Bank of the Republic of Turkey (CV)
Speakers:		Nor Shamsiah Yunus - Deputy Governor, Central Bank of Malaysia (CV/Presentation)
		Prof. Hans-Helmut Kotz - Goethe University, Former Member of the Executive Board of the Deutsche Bundesbank (CV/Presentation)
		Dan Iannicola, Jr. - President, The Financial Literacy Group, US (formerly with US Treasury) (CV/Presentation)
		Y. Müge Doğan - Head of Unit, Banking Regulation and Supervision Agency, Turkey (CV/Presentation)
		The session aims to cover the relationship between financial education and financial stability, the impact of the recent global financial crisis on the rising issue of financial education and the contribution of financial awareness and education on healthy functioning of financial markets.
11:00 - 11:30		Coffee Break
11:30 - 12:30		Session 2: Financial Education: International Developments and Country Experiences
Chairperson:		Prof. Vedat Akgiray - Chairman, Capital Markets Board of Turkey (CV)
Speakers:		Gun Sang Jang - Vice Chair, Korea Financial Investment Association (CV/Presentation)
		Kathleen Floyd - Deputy Director of Investor Education, US Securities and Exchange Commission (CV/Presentation)
		Foo Lee Mei - General Counsel, Securities Commission Malaysia (CV/Presentation)
		This session aims to cover the development of financial education initiatives and experiences in the international arena and selected countries, main issues, challenges, solutions and the outcomes.
12:30 - 14:30		Lunch
14:30 - 15:45		Session 3: Designing a National Strategy on Financial Education
Chairperson:		Burhanettin Aktaş - Deputy Undersecretary of Treasury, Turkey (CV)
Speakers:		Joao Evangelista de Sousa Filho - Head of Public Information Division, Central Bank of Brasil (CV/Presentation)
		Dusan Hradil - Head of Financial Market Analysis, Ministry of Finance, Czech Republic (CV/Presentation)
		Sue Lewis - Head of Savings and Investment, HM Treasury, UK (CV/Presentation)
		This session aims to cover the importance of a national strategy to enhance efficient coordination and communication between all the relevant stakeholders and to establish an efficient institutional structure.
15:45 - 16:15		Coffee Break
16:15 - 17:30		Session 4: Measuring and Evaluating Financial Literacy
Chairperson:		Doç.Dr.Mehmet Yörükoğlu - Deputy Governor, Central Bank of the Republic of Turkey (CV)
Speakers:		Dr. Adele Atkinson - Policy Analyst, OECD (CV/Presentation)
		Prof. Martin Weber, University of Mannheim (CV/Presentation)
		Shaun Mundy - SM Consultancy Limited, UK (formerly with FSA, UK) (CV/Presentation)
		Prof. İhsan Işık - Rohrer College of Business, Rowan University, US (CV/Presentation)
		This session aims to cover the importance of determining the level of financial literacy, challenges in measuring and evaluating financial literacy and the ways to use assessments to improve financial education.
19:00		GALA DINNER - HOSTED BY THE CMB
Day 3
11 March 2011, Friday
09:30 - 11:00		Session 5: Financial Education in Turkey: Role and Responsibilities of Stakeholders
Chairperson:		Dr. Lokman Gündüz, Member of the Board, Central Bank of the Republic of Turkey (CV)
Speakers:		Ersin Özince - Chairman, The Banks Association of Turkey (CV)
		Fatih Demir - Specialist, Financial Crimes Investigation Board, Turkey (CV/Presentation)
		İbrahim Peker - Executive Vice President, Capital Markets Board of Turkey (CV/Presentation)
		Burhanettin Aktaş - Deputy Undersecretary of Treasury, Turkey (CV/Presentation)
		Hüseyin Erkan - Chairman, İstanbul Stock Exchange, Turkey (CV/Presentation)
		This session aims to cover current works on financial education in Turkey, importance of cooperation between institutions, roles and responsibilities of all relevant stakeholders, opportunities, challenges and strategies in designing a national strategy on financial education.
11:00 - 11:30		Coffee Break
11:30 - 13:00		Session 6: Implementing Financial Education Programs
Chairperson:		Remzi Kaya - Deputy Undersecretary, Ministry of National Education, Turkey (CV)
Speakers:		Diana Crossan - Retirement Commisioner, New Zealand Retirement Commission (CV/Presentation)
		Maurizio Trifilidis - Senior Manager, Bank of Italy (CV/Presentation)
		Murat Bey Balta - General Director, Ministry of National Education, Turkey (CV/Presentation)
		Mert Demir - Manager, Pension Monitoring Center, Turkey (CV/Presentation)
		This session aims to cover financial education programs to specific target groups such as children, women, aged people in improving their budget, credit and investment decisions.