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> Posted by Charlotte Connors
Michael Schlein, ACCION International's new CEO
ACCION International announced today that it has named Michael Schlein as its new President and CEO. Schlein, President of International Franchise Management at Citigroup, will succeed María Otero, who was recently appointed U.S. Under Secretary of State for Democracy and Global Affairs. Mr. Schlein brings 25 years of extensive international banking, management and public service experience to ACCION. Most recently, he served as President of Citigroup’s International Franchise Management unit, where he helped manage the bank’s network of 100 Chief Country Officers, who are responsible for performance, regulatory relations, governance and reputational risk in their respective countries. To read the full press release, please click here.
“I am honored to be joining ACCION as President and CEO at this exciting time,” Mr. Schlein said. “ACCION has long been a leader and an innovator in the global effort to alleviate poverty through microfinance, with many ‘firsts’ to its name. I’m very proud to have the opportunity to help build on that tradition, as ACCION continues to reach beyond its roots in Latin America even further, to help the world’s poor in Africa, India and China. There is a greater opportunity today to combat global poverty than ever before, and I look forward to helping ACCION continue and expand its leadership in that crucial effort.”
> Posted by Kelley Mesa
Watch live the proceedings from the Encuentro Centroamericano de Microfinanzas, hosted by ACCION and the Citi Foundation. The Sept. 9-11 El Salvador event is covering topics such as:
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Challenges for Central American Microfinance
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Funding Microfinance in Central America
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Legislation, Regulation & Supervision
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Institution Building to Manage Risk
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Consumer Protection in Microfinance
> Posted by Anita Gardeva
María Otero - Designate, Under Secretary of State for Global Affairs in the State Department.
ACCION International’s former CEO, María Otero, will appear before the Senate Foreign Relations Committee for a hearing regarding her nomination to the position of Under Secretary of State for Global Affairs at the State Department.
The hearing will be broadcast live at the following website: http://foreign.senate.gov/hearings/2009/hrg090625a.html. At the top of the page, click on the blue title “Nominations” to automatically open media player window that will stream the webcast.
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