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The event was organized by the Inclusion and Financial Education Committee (MIEF) together with Women in Finance (MEF) to talk about the progress made and challenges that we have as a country on these issues.
In the financial education month, Bernardita Piedrabuena, Commissioner of Comisión para el Mercado Financiero - Financial Market Commission (CMF); Fernanda Vicente, co-founder of Adah; Constanza Bollmann, General Manager of the AFP Association; José Manuel Mena, Chair of the Banks Association; Gabriela Clivio, MEF ambassador and Juan Carlos Spencer, General Manager of the Chilean Electronic Exchange, participated in a discussion on the role of women and inclusion in the finance industry, organized by Women in Finance (Mef) and the Inclusion and Financial Education Committee (MIEF).
Representing DCV – the entity that has promoted MIEF since 2020, together with 11 other institutions of the finance sector – was Rodrigo Roblero, General Manager of Depósito Central de Valores; Sandra Valenzuela, People and Culture Manager; Eduardo Roa, Business Leader and Erika Barrios, head of Organizational Development and Collaborator Experience.
"These are the instances that we need to reflect on how to strengthen financial education in our country. Providing access to knowledge, explaining and providing details on basic financial and economic issues is part of DCV's contribution to financial education in cooperation with MIEF, with a sustainable short and long-term focus," said Sandra Valenzuela.
At the event, Bernardita Piedrabuena, Commissioner of the CMF, presented a report on financial education and inclusion in Chile, where she highlighted that "women's leadership and participation in higher decision-making instances, either at a Management or Board level, helps providing a vision of how financial products need to be structured to meet the needs of women."
The General Manager of the AFP Association, Constanza Bollmann, agreed with this statement, saying that "financial products must be suited to the needs that we have as women. The analysis should not only be approached from the point of view of supply but also from demand. We do not need a stereotyped solution, but we need to look for what actually works and is needed," she added.
Within the reflections on how to best contribute to a better local financial education, José Manuel Mena, Chair of the Banks Association, indicated that a report from the World Bank proves that the consequences of improving in this aspect, especially in schools, have effects on students, teachers, and families. He stated, "We have to change our society to achieve more equality for all, and financial education is an important component of this goal."
Regarding the challenges faced by our country, the panelists agreed that it is vital to go in-depth into the synergies between the different public and private world stakeholders on these topics. Both worlds must support financial education programs to reduce gender gaps and improve people's quality of life.
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