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Spotlight on: Building Digital Public Goods

The Inclusive FinTech Forum will address these fundamental questions on developing digital public infrastructure :

  • What are the challenges and opportunities of implementing digital public goods & infrastructure in emerging markets?
  • How can we expedite the achievement of sustainable development goals, and financial inclusion in lower middle-income economies through strategic investments in digital public goods infrastructure
  • What obstacles hinder the adoption of payment interoperability in emerging markets, and how can we overcome them?
  • Should digital infrastructure be proprietary or open source? 
  • What changes need to be implemented to make security a priority in open source systems?
  • What economic arrangements are necessary to incentivise all stakeholders to fully participate?
  • What operational model and infrastructure is required to safely and reliably connect providers?

3 Sessions Not To Be Missed

1. Digital public goods: spotlight on payment system interoperability 

21 June | Forum Stage 

Brooks Entwistle (1) (1)

Brooks Entwistle

Senior Vice President & Managing Director

Ripple

Brooks Entwistle

Senior Vice President & Managing Director

Brooks Entwistle is Senior Vice President and Managing Director at Ripple. Prior to joining Ripple, he served as Chief Business Officer International for Uber, responsible for business development and the firm’s relationships across APAC, EMEA and LatAm. Previously, he was the CEO of Everstone Capital, a premier India and Southeast Asia focused private equity and real estate investment firm. 

Prior to moving into leadership roles in the technology industry, Brooks spent 22 years at Goldman Sachs in various capacities, including 15 years based in Asia. Most recently, he was Chairman of Goldman Sachs Southeast Asia as well as CEO of Goldman Sachs Singapore. Prior to this, he spent 5 years in Mumbai as CEO and Founder of Goldman Sachs India where he was responsible for leading and building the firm across all divisions. He also served as the Founder & Co-Head of Goldman Sachs Asia’s High Technology Group. 

Earlier in his career, Brooks served as a District Electoral Supervisor with the United Nations Transitional Authority in Cambodia (UNTAC). 

Olivier Lens

Olivier Lens

Head of Sub-Sahara Africa

Swift

Olivier Lens

Head of Sub-Sahara Africa

Olivier Lens is the head of Sub-Sahara Africa for SWIFT, based in Johannesburg, leading a team across three offices, and delivering on SWIFT’s ambitious Africa growth plan.

Prior to this, Olivier was part of the Capital Markets Strategy team at SWIFT, tasked with defining the cooperative’s global capital markets strategy for the future, from a technological, product and segment perspective. 

Olivier joined SWIFT in 2012 to manage SWIFT’s Funds & Investment Management business across EMEA and in 2014, Olivier took over responsibility for the Benelux sales and relationship management team, supporting banks, payment service providers, corporates and market infrastructures across the region. 

Prior to joining SWIFT, Olivier worked for Euroclear, covering several functions from operational management to network management.

Raagulan Pathy

Raagulan Pathy

Vice President, Asia Pacific

Circle

Raagulan Pathy

Vice President, Asia Pacific

Raagulan Pathy is the Vice President, Asia Pacific for Circle. Based in Singapore, his responsibilities include the go-to-market strategies, operations and representing Circle in the region. He leads the charge in building Circle’s presence across the region.

Raagulan was previously the Head of Enterprise for the Asia Pacific region at Zoom, and he brings decades of business leadership experience within technology and financial services.  Prior to his role at Zoom, he held senior roles at Facebook, Amazon Web Services and as co-founder of a Cloud software company. 

Sandra Yao (2)

Sandra Yao

Senior Vice President Africa

Thunes

Sandra Yao

Senior Vice President Africa

Sandra Yao is the SVP Africa at Thunes, Singapore based Fintech powering payments for the world's most ambitious businesses. Sandra is a seasoned leader in the payments space, having set up and grown the Africa region operations and has played a key role in building key partnerships and business opportunities while strategically driving smarter transfer solutions for cross border payments. Passionately working with industry leaders to continue shaping the African payments industry into a more inclusive ecosystem!

Steve Haley

Steven Haley

Director of Market Development

Mojaloop Foundation

Steven Haley

Director of Market Development

Steve has led diverse impact-driven teams for 22 years in over 10 countries between work in the government, non-profit and the private sector. He aims to influence a more equitable and fair world, particularly through inclusive financial services. At the Mojaloop Foundation, he is driving interoperable real time payments that reach everyone by helping various stakeholders to understand their role in building locally owned, locally controlled, and locally operated payments infrastructure. He holds degrees in Mathematics from West Point and the University of Padova.
Arjun_vir_singh

[Moderator] Arjun Vir Singh

Partner - Global Financial Services

Arthur D. Little

[Moderator] Arjun Vir Singh

Partner - Global Financial Services

Arjun is a Partner with Arthur D. Little (ADL) Global Financial Service Practice. His areas of focus is Fintech, Embedded Finance and Digital Assets. Arjun is also the host of the podcast, Couchonomics with Arjun and the Founder of the fastest growing Fintech Community in the MENA region, called Fintech Tuesdays.

2. Development of digital public goods & infrastructure

22 June | Forum Stage 

Dilwonberish-Aberra

Dilwonberish Aberra

Senior Program Officer

Bill and Melinda Gates Foundation

Dilwonberish Aberra

Senior Program Officer

Paula_Ingabire

Hon. Paula Ingabire

Minister of Information Communication Technology and Innovation

Republic of Rwanda

Hon. Paula Ingabire

Minister of Information Communication Technology and Innovation

Ritesh Shukla

Ritesh Shukla

Chief Executive Officer

NPCI International Payments Limited

Ritesh Shukla

Chief Executive Officer

Mr. Ritesh Shukla is Chief Executive Officer of National Payments Corporation of India, International (NIPL) & is responsible for formulating business strategies and leading business development by deploying NPCI's technology and solutions in International Markets.

His responsibilities include engaging and collaborating with traditional as well non-traditional players in payment eco-system to drive business strategy and achieve growth.

Mr. Shukla holds a Master’s Degree in Business Administration with specialization in International Business. He has over 20 years of work experience with expertise in areas of managing country business, leading business development and relationship management.

Prior to joining NPCI, he was part of MasterCard’s business in Middle East and North Africa. During his 6 years with MasterCard, he has performed a wide array of roles in country management, business development functions, P/L functions to drive profitability and market share, a role in which he provided best-in-class financial services to top-tier multi-national corporations and financial institutions.

His previous stints include working with Visa Inc. and leading financial institutions such as Axis Bank, HDFC Bank and SBI Cards in payments business.

 
 
 
Robert Ochola

Robert Ochola

Chief Executive Officer

AfricaNenda

Robert Ochola

Chief Executive Officer

Dr Robert Ochola is an expert in strategy and innovation within the African banking and mobile telecommunications industry. He is responsible for AfricaNenda’s overall strategy execution and leadership. His primary focus at AfricaNenda is on building momentum for an inclusive and interoperable approach to digital payments across Africa. During his career, Robert has pioneered the development of a new Pan-African Payments and Settlement Systems (PAPSS) for driving cross-border trade, led the development of mobile payment solutions and the expansion of its product suite, along with overseeing the successful roll-out of solutions for ultra-low-cost mobile devices across Africa and the Middle East. Prior to joining AfricaNenda, as Chief Executive Officer, Robert served as the Director of Strategy and Innovation at Afreximbank, served as Head of Strategy with Safaricom, and was the Director of Strategy, Research and Innovation at the KCB Bank Group. He is an alumnus of Imperial College London, Warwick Business School and the University of Cape Town.

Lucy Nshuti Mbabazi-1

[Moderator] Lucy Nshuti Mbabazi

Lead, Africa Policy, Advocacy & Partnerships

Better Than Cash Alliance

[Moderator] Lucy Nshuti Mbabazi

Lead, Africa Policy, Advocacy & Partnerships

Nshuti leads Africa Advocacy & Partnerships at the United Nations Better Than Cash Alliance, working with regional and continental organizations to accelerate the adoption and usage of digital payments as a catalyst for Africa’s digital transformation into a single digital market. Before joining the United Nations, Nshuti served as Ecobank Group Manager, Push Payments & Merchant Acquiring, leading the development and deployment of merchant payment solutions for 33 countries across Africa: Country Manager Rwanda, Burundi, and Malawi for Visa Inc. Africa, and Strategy and Policy Advisor to Rwanda Development Board IT Department. Nshuti is President Emeritus of Girls in ICT Rwanda, which is inspiring girls into STEM; Board Chair Emeritus Leo Africa Institute, which is nurturing Young and Emerging Leaders across Africa; Former Non-Executive Director of BBOXX Rwanda Board, which is powering Rwandan homes with solar electricity; Former Chair Rwanda Internet Community Association (RICTA), which represents the interests of Rwandans on the internet; and Board Member Maranyundo Girls School. Nshuti holds a Master of Science in Public Policy from Harvard Kennedy School of Government and a Bachelor of Science in Information Technology & Management from Laroche University.

3. Digital public goods in Africa - open source Vs proprietary

 22 June | Elevandi Insights Forum 

Aliou Maiga

Aliou Maiga

Regional Industry Director

IFC

Aliou Maiga

Regional Industry Director

Aliou Maïga IFC’s Regional Director for the Financial Institutions Group in Africa Aliou Maïga is IFC’s Regional Director for the Financial Institutions Group (FIG) in Africa. In this capacity, he is responsible for the implementation of IFC’s strategy in the region and leads all FIG operations, including the execution of investment transactions and portfolio oversight. He also leads the advisory teams and works with the World Bank on needed sector policy reforms to develop new opportunities and markets. He has been with IFC for more than twenty years and held several positions with increasing responsibilities before his appointment to his current position in September 2022. Prior to his current position, Mr. Maïga was IFC's Regional Director for West and Central Africa. He oversaw IFC's advisory and investment operations in 22 countries. He also maintained the institution's relationships with clients, partners, and governments. Previously, Mr. Maïga was IFC’s Regional Industry Head, FIG, Sub-Saharan Africa, for four years. He oversaw investment and advisory services operations in the financial sector across the region. Earlier in his career, Mr. Maïga served as IFC’s Resident Representative in Ethiopia, before moving to Asia as Regional Manager, Financial Institutions Group for East Asia and Pacific. Mr. Maïga has been instrumental in building IFC’s FIG business in Africa and East Asia over the past decade. Before joining investment operations, Mr. Maïga led a major IT and change management project for IFC for two years. Mr. Maïga started his career at Credit Lyonnais Capital Markets where he spent six years as System Integration and Email Systems Manager, and subsequently as IT Project Manager for the Treasury and Derivatives Groups (France and the US), developing and rolling-out state-of-the-art real-time fixed income, FX, and derivatives trading platforms. This was followed by two and half years in management consulting with Booz Allen & Hamilton (Europe) where he contributed to assignments for European and Middle Eastern blue-chip companies in the financial and telecommunications industries. Mr. Maïga holds an engineering degree (Electrical Engineering, Electronics, Telecoms and IT) from SUPELEC (France), and an MBA in General Management from the International Institute for Management Development (IMD) in Lausanne, Switzerland.

Brooks Entwistle (1) (1)

Brooks Entwistle

Senior Vice President & Managing Director

Ripple

Brooks Entwistle

Senior Vice President & Managing Director

Brooks Entwistle is Senior Vice President and Managing Director at Ripple. Prior to joining Ripple, he served as Chief Business Officer International for Uber, responsible for business development and the firm’s relationships across APAC, EMEA and LatAm. Previously, he was the CEO of Everstone Capital, a premier India and Southeast Asia focused private equity and real estate investment firm. 

Prior to moving into leadership roles in the technology industry, Brooks spent 22 years at Goldman Sachs in various capacities, including 15 years based in Asia. Most recently, he was Chairman of Goldman Sachs Southeast Asia as well as CEO of Goldman Sachs Singapore. Prior to this, he spent 5 years in Mumbai as CEO and Founder of Goldman Sachs India where he was responsible for leading and building the firm across all divisions. He also served as the Founder & Co-Head of Goldman Sachs Asia’s High Technology Group. 

Earlier in his career, Brooks served as a District Electoral Supervisor with the United Nations Transitional Authority in Cambodia (UNTAC). 

Israel_Bimpe

Israel Bimpe

Chief Executive Officer

Irembo

Israel Bimpe

Chief Executive Officer

Israel Bimpe is the CEO of Irembo and previously served on its Board of Directors. Before Irembo, Israel was Director of Africa Go-To-Market at Zipline. He led the expansion of Zipline across the continent and, prior to joining the Africa team, held various leadership roles across the company, including partnerships, operations, and national implementations.

Joseph_Joshy_Photo (3)

Joseph Joshy C J

Chief Technology Officer

International Financial Services Centres Authority

Joseph Joshy C J

Chief Technology Officer

Joseph Joshy is the Chief Technology Officer at International Financial Services Centres Authority (IFSCA), a unified financial sector regulator for IFSCs established as a statutory authority by the Government of India. He is a Senior Technology Leader driving FinTech, Supervisory Technology (SupTech) and other strategic initiatives including contributing to the FinTech Agenda at India UK Financial Partnership, India US Financial Regulatory Dialogue, India - Japan Macroeconomic Policy Dialogue, Global Financial Innovation Network (GFIN), Inter Regulatory Technical Group (IRTG) on FinTech under the Financial Stability and Development Council - SubCommittee (FSDC - SC), FinTech bridges with Overseas Regulators [like Monetary Authority of Singapore (MAS)] among others. He is the architect of the unique FinTech Entity Regulatory Framework which provides regulatory authorization to FinTechs and TechFins at GIFT IFSC.

Prior to this stint, he was part of the Management team (Sr Vice President and Vertical Head) that co-founded Reserve Bank Information Technology (ReBIT), the IT Subsidiary of Reserve Bank of India, India’s Central Bank. Joshy had worked on RBI’s Technology Vision with the Information Technology Sub-Committee of the Central Board of the RBI. He was associated with numerous Technology Projects and Initiatives for the Reserve Bank of India across 25+ Departments spanning across Inspection, Supervision, Enforcement, Risk Monitoring, Currency Management, Foreign Exchange, Consumer Education and Protection among others. He was member of more than 20+ Technical Advisory Groups, Committees and SubCommittees at Reserve Bank of India.

He is an experienced professional with more than 2+ decades in technology, consulting and delivering transformational technology projects for Government/Regulators and Fortune 100 clients with stints in the US, Canada and Mexico. During his tenure with a Tier-1 IT MNC, he had managed a portfolio size of more than 100+ MUSD with 450+ team size across different time zones and geographies spread across US, UK, LATAM (Mexico, Brazil, Argentina, Chile, Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua), Philippines, China and India. He was also involved with the Start-up Ecosystem and has experience in setting up a Technology Business Incubator as its CEO.

Ritesh Shukla

Ritesh Shukla

Chief Executive Officer

Proxtera

Ritesh Shukla

Chief Executive Officer

Mr. Ritesh Shukla is Chief Executive Officer of National Payments Corporation of India, International (NIPL) & is responsible for formulating business strategies and leading business development by deploying NPCI's technology and solutions in International Markets.

His responsibilities include engaging and collaborating with traditional as well non-traditional players in payment eco-system to drive business strategy and achieve growth.

Mr. Shukla holds a Master’s Degree in Business Administration with specialization in International Business. He has over 20 years of work experience with expertise in areas of managing country business, leading business development and relationship management.

Prior to joining NPCI, he was part of MasterCard’s business in Middle East and North Africa. During his 6 years with MasterCard, he has performed a wide array of roles in country management, business development functions, P/L functions to drive profitability and market share, a role in which he provided best-in-class financial services to top-tier multi-national corporations and financial institutions.

His previous stints include working with Visa Inc. and leading financial institutions such as Axis Bank, HDFC Bank and SBI Cards in payments business.

 

Robert Ochola

Robert Ochola

Chief Executive Officer

AfricaNenda

Robert Ochola

Chief Executive Officer

Dr Robert Ochola is an expert in strategy and innovation within the African banking and mobile telecommunications industry. He is responsible for AfricaNenda’s overall strategy execution and leadership. His primary focus at AfricaNenda is on building momentum for an inclusive and interoperable approach to digital payments across Africa. During his career, Robert has pioneered the development of a new Pan-African Payments and Settlement Systems (PAPSS) for driving cross-border trade, led the development of mobile payment solutions and the expansion of its product suite, along with overseeing the successful roll-out of solutions for ultra-low-cost mobile devices across Africa and the Middle East. Prior to joining AfricaNenda, as Chief Executive Officer, Robert served as the Director of Strategy and Innovation at Afreximbank, served as Head of Strategy with Safaricom, and was the Director of Strategy, Research and Innovation at the KCB Bank Group. He is an alumnus of Imperial College London, Warwick Business School and the University of Cape Town.

Steven Haley

Steve Haley

Director of Market Development

Mojaloop Foundation

Steve Haley

Director of Market Development

Steve has led diverse impact-driven teams for 22 years in over 10 countries between work in the government, non-profit and the private sector. He aims to influence a more equitable and fair world, particularly through inclusive financial services. At the Mojaloop Foundation, he is driving interoperable real time payments that reach everyone by helping various stakeholders to understand their role in building locally owned, locally controlled, and locally operated payments infrastructure. He holds degrees in Mathematics from West Point and the University of Padova.

Robert Karanja (1)

[Moderator] Robert Karanja

Senior Director

Co-Develop

[Moderator] Robert Karanja

Senior Director

Robert leads Co-Develop’s investments and strategic partnerships in Africa working closely with the global investments team.

Robert is passionate about responsible technology and previously led Omidyar’s portfolio of investments in Digital Identity. At Omidyar his investment strategy included working closely with Governments, Multi-lateral agencies, civil society and research institutions that explored exciting areas of work including encrypted messaging platforms, data privacy, digital rights, digital transformation and E-Government.

Robert also currently serves as an Advisory Council Member for California State University’s Cybersecurity Program. The council works collaboratively to provide constructive feedback and strategic direction to guide quality improvement and assess program efficacy.

He is also serving on various boards including B Lab East Africa and Select Africa Limited where he provides strategic and advisory oversight to both organizations.

Robert holds an MBA in Strategic Management from Moi University and a BCom in Entrepreneurship from the University of Northern British Columbia.