Money Smart Week Kick-Off Events Include U.S. Labor Secretary and Financial Education Panel Discussions Feature Amando M. Tetangco, Jr., Governor, Bangko Sentral ng Pilipinas (Central Bank of the Philipines)

CHICAGO – The Federal Reserve Bank of Chicago and more than 600 partner organizations kicked off the 14th annual Chicago Money Smart Week with a breakfast event and financial summit on April 15, at the Federal Reserve Bank of Chicago, 230 S. LaSalle St., Chicago, Ill. Money Smart Week runs from April 18-25.

The breakfast event featured a panel discussion on how workplaces provide an environment where effective financial education can take place. The focus was on different employers’ efforts and best practices to educate their staff about managing their personal finances, the importance of financial education for employees, and how education initiatives can positively impact a company or organization.

The financial summit followed the breakfast event. Titled Improving Millennials’ Financial Literacy with Mobile Technology, and featured a keynote address by U.S. Secretary of Labor Thomas E. Perez; a panel of speakers from different countries discussing the unique financial literacy challenges “millennials” face; a panel discussion exploring how mobile technologies can promote financial literacy among young adults.

Serving at Money Smart Week Kick-Off Panel Discussion are the following: Carlo de Bassa Scheresberg, Senior Research Associate, Global Financial Literacy Excellence Center; Angela Berg, Partner, Mercer Global Consulting; Michael Conway, Vice President, The Ayco Company, L.P.; and Evren Esen, Director of Survey Programs, Society for Human Resources Management.

Financial Summit 2015 on mobile technology resources to improve financial literacy featured: Jason Alderman, Vice President of Global Financial Education, Visa, Inc.; Thomas E. Perez, Secretary of Labor, United States (Keynote Speaker).

Panel: Identifying Unique Financial Literacy Challenges Millennials Face featured: Lucie Tedesco, Commissioner, Financial Consumer Agency of Canada (Moderator).

The Honorable Steven Ciobo, Parliamentary Secretary to the Minister for Foreign Affairs, Parliamentary Secretary to the Minister for Trade and Investment, Australia; Georgette Jean-Louis, Executive Board Member, Banque de la Republique d’Haiti (Central Bank of Haiti); and Amando M. Tetangco, Jr., Governor, Bangko Sentral ng Pilipinas (Central Bank of the Philipines).

Panel: Exploring How Mobile Technology Can Promote Millennials’ Financial Literacy featuring:Nathaniel Sillin, Director of U.S. Financial Education, Visa Inc. (Moderator); Gerrit Lansing, CEO and Co- Founder, REVV; Jake Schwartz, CEO and Co-Founder, General Assembly, New York; Jason Young, CEO and Co-Founder, MindBlown Labs.

Money Smart Week is designed to educate consumers about money management as well as generate awareness of financial education programs on topics such as saving, using credit wisely, and financial education for youths.

More than 500 free classes, seminars and activities will take place during Money Smart Week. The educational activities will be carried out by more than 600 local community groups, financial institutions, not-for profit organizations, businesses, schools, libraries, local and national government agencies, and media personalities.

A calendar of events for this year’s Money Smart Week, along with additional updated information is now available at: www.moneysmartweek.org

VT/CPRTV’s Joe Mauricio with PH Central Gov. Amando Tetangco, Jr., at the Money SmarWeek Summit at Chicago Federal Reserve Bank.

 

Smart Money panelists on Unique Financial Literacy, from left: PH Gov of Central Bank, Amando M. Tetangco, Jr.; Commissioner of
Finacial Consumer Agency of Canada Lucie Tedesco (Moderator); Hon. Steven Ciobo, Parliamentary Sec. to the Minister for Trade &
Investment, Australia; and Georgette Jean-Louis, Exec Bd Member of Central Bank of Haiti.