Accion's Michael Schlein on Financial Inclusion, Fintech & Impact Investment Sceptics

Published: Jan. 28, 2020, 6:42 a.m.

b"Michael Schlein is a huge fintech fan, and as the President and CEO of Accion, one of the world's largest nonprofit impact finance organisations, he's backing startups which seek to advance financial inclusion by giving people financial tools to improve their lives. \\n\\nIn this candid conversation with Andile Masuku, Michael shares useful context about Accion's origins and makes a case for increased cooperation between legacy financial institutions, governments and impact investment non-profit organisations like Accion to advance global financial inclusion. Listen in to hear him address sceptics who hold that the commercial and social impact incentives of the aforementioned parties are hopelessly misaligned.\\n\\nMichael is an MIT graduate who amassed nearly 30 years of international banking, management and public service experience before inhabiting his current role. Prior to joining Accion, he managed Citi\\u2019s network of Chief Country Officers as President of Citigroup\\u2019s International Franchise Management. He also previously served as Chief of Staff at the U.S. Securities and Exchange Commission in the Clinton administration and served in New York\\u2019s City Hall during the Dinkins and Koch administrations.\\n\\nImage credit: Eva Blue"