Carlos Torres Vila to open EduFin Summit 2022, BBVA's global financial education event
BBVA Chair Carlos Torres Vila will open the next EduFin Summit, the international financial education event hosted by BBVA's Center for Financial Education and Capability, which will take place on September 29 and 30. Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and the Capital Markets Union, will participate in the opening ceremony. The conference will be held for the first time in two countries: Spain and Mexico.
Edufin Summit 2022 will bring together leading experts in financial education over two days of meetings and presentations. This edition also revives face-to-face attendance. Speakers will include the Deputy Governor of the Bank of Spain, Margarita Delgado, the President of the Spanish Banking Association (AEB), Alejandra Kindelán, and the President of the Commission for the Protection and Defense of Financial Services Users (Condusef) of Mexico, Óscar Rosado.
For BBVA's Global Head of Sustainability, Javier Rodríguez Soler, who is also Chairman of the Advisory Board of the Center for Financial Education and Skills, "financial education is essential to promote sustainable and inclusive growth." Javier Rodríguez Soler will deliver the closing speech of the global summit from the BBVA Tower in Mexico City.
The new edition of this world-class meeting will address how digital financial skills can promote inclusive and sustainable growth. The agenda highlights issues related to the value of financial education in the new digital financial environment, the phenomenon of ‘fininfluencers,’ the power of data for driving financial skills and the importance of training customers in sustainable finance, without losing sight of crucial topics such as financial inclusion and health.
If you would like to attend any of the activities, please register for free here. The summit can be followed interactively on the Twitter profile @BBVAEduFin, the hashtag #BBVAEduFinSummit or via streaming on the BBVA Center for Financial Education and Skills website.
Two days, two venues, two countries
Last year's edition was held online. EduFin Summit 2022, however, will take place in person at two venues located thousands of kilometers apart. BBVA headquarters in Madrid, Spain, will host the first day of the conference on Thursday 29. On Friday 30, the conference will move to the BBVA Tower in Mexico City.
The Spanish opening day will be held in the afternoon, from 4 p.m. to 6:30 p.m. (UTC +2). After the opening remarks by Carlos Torres Vila and Mairead McGuinness, there will be a round table discussion entitled ‘The value of financial education in the new digital financial environment’, moderated by Ana Rubio, Director of Financial Regulation at BBVA. Margarita Delgado, Deputy Governor of the Bank of Spain; Alejandra Kindelán, President of the Spanish Banking Association (AEB); and Alejandro Beltrán, Founder of Buda.com will talk about the importance of financial education in a digitized environment that has opened up new ways of interacting, new marketing channels and new assets within the financial system.
At 5.15 pm, Manuel Ángel Méndez, Editor-in-Chief of El Confidencial's Teknautas, will address the phenomenon of 'fininfluencers', a figure that represents a new form of distribution of financial practices, through social networks, which is attracting the interest of the young population.
The final roundtable of the day will focus on the issue of inclusive growth as a cornerstone of sustainable development. This meeting, moderated by Antoni Ballabriga, BBVA's Global Head of Responsible Business, will discuss the need to promote universal financial inclusion and improve people's financial health. Laura Díaz, Implementation Support Coordinator of the United Nations Environment Program Finance Initiative ( UNEP_FI) Banking Team; Mercedes Canalda, President of Banco de Ahorro y Crédito ADOPEM; and Stefan Van Woelderen, Sustainability Manager and Director of Financial Health at ING, will participate in the event.
The following day, the summit will move to Mexico, in the morning from 9 am to 1 pm (UTC -5). The event will be opened by Eduardo Osuna, vice president and general manager of BBVA Mexico; Oscar Rosado, president of the Commission for the Protection and Defense of Financial Services Users of Condusef; and Mauricio Pallares, Director of Digital Marketing at BBVA Mexico.
At 9:30 am, Hugo Nájera, Director of Customer Solutions at BBVA Mexico, will moderate the round table discussion on ''The challenges of financial inclusion'', which will present the main challenges of financial inclusion according to the World Bank's Global Findex database, with particular emphasis on women's access and the digitization of payments. Ana Victoria García, Founder of Victoria 147; Dorothe Singer, Senior Economist for Europe and Central Asia at the World Bank; and Mayada El-Zoghbi, Director of the Center for Financial Inclusion at Accion, will participate in the event.
The revolution of data for driving financial skills will be the main topic of the next meeting, moderated by Carlos Serrano, Chief Economist at BBVA Mexico. Luz Gómez, Vice President of Social Impact, Latin America and Caribbean of Mastercard's Center for Inclusive Growth, and Raúl Nava Salazar, Digital Services Specialist for Financial Institutions (IFC), will give the keys to the essential role that data analysis, artificial intelligence and machine learning play today in creating products and services that promote financial skills, which are essential for improving financial health and withstanding economic crises.
Following a short break, at 11:15 a.m. the issue of financial education as a way to mobilize capital towards sustainable finance will be addressed in a round table moderated by Lidia del Pozo, Director of Social Programs at BBVA. José Luis Ortega, Head of Debt and Multi-Asset Investing at BlackRock Mexico and Pasquale Munafò, Chairman of IOSCO's Retail Investors Committee, will talk about how financial education favors the acquisition of knowledge to integrate it into personal financial decisions and is part of the change through the use of sustainable finance.
The event will be brought to a close at 12 noon by BBVA's Global Head of Sustainability, Javier Rodríguez Soler.
For further information, please write to: info.center@bbvaedufin.com or visit the Center for Financial Capability and Education website: https://www.bbvaedufin.com/
A month dedicated to financial education
EduFin Summit 2022 marks the start of a month in which financial education will take center-stage in Spain on the occasion of the celebration of Financial Education Day on October 3. This commemoration is an initiative of the Financial Education Plan, promoted by the Spanish National Securities Market Commission (CNMV), the Bank of Spain and the Ministry of Economic Affairs and Digital Transformation, which this year takes place under the slogan "Education for Safer Finances."
The goal of this event is twofold: first, to raise awareness of the importance of financial literacy and, secondly, to improve the education of the general public in this field. For this reason, throughout the month, different entities in the sector will hold workshops, talks and webinars, among other educational activities, to bring financial education to a wider public. For further information, please visit: https://www.finanzasparatodos.es/diadelaeducacionfinanciera