On Monday, July 22nd, Babak Abbaszadeh, President & CEO of Toronto Centre, attended the launch of the Plan for Women’s Financial Inclusion in Tegucigalpa, Honduras. The event was attended by national dignitaries and industry leaders, including Ana de Hernández, First Lady of the Nation, Aminta Madrid, Minister of Women’s National Institute, Ethel Deras, President, National Commission of Banks and Insurance (CNBS), and James K. Hill, Canadian Ambassador to Nicaragua, Costa Rica and Honduras.
Mr. Abbaszadeh was in Honduras to officially launch Toronto Centre’s innovative three-year program aimed at helping to close the gender finance gap in Honduras by developing an inclusive financial sector, especially for women. Toronto Centre’s on-the-ground program will focus on evidence-based regulation and supervision to enable CNBS authorities to enhance their capacity for collecting and analyzing sex-disaggregated data at the national level. In partnership with CNBS, this initiative will aim to achieve a sustainable supervisory framework in Honduras for advancing financial sector development, especially for women.Click here for Babak Abbaszadeh's full speech