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Michael Schlein
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Michael Schlein is the president and CEO of Accion, a global nonprofit dedicated to building a financially inclusive world. A world pioneer in microfinance, Accion has helped build 63 microfinance institutions in 32 countries, which currently reach millions of clients and provide them with the financial tools that can help improve their lives. Today, Accion has operations and investments throughout much of Latin America, Africa, India, China and the Philippines.

In addition, Accion provides early- and seed-stage venture capital to new companies that promote disruptive innovation in financial services at the base of the pyramid. Also, Accion created and supports the Center for Financial Inclusion, an outward-focused think tank dedicated to tackling industry-wide challenges. For example, the Smart Campaign is the first global consumer protection campaign focused on those living in poverty.

Mr. Schlein brings nearly 30 years of extensive international banking, management and public service experience to his role as president and CEO of Accion. As president of Citigroup’s International Franchise Management, Mr. Schlein managed the bank’s network of 100 Chief Country Officers. Before that, Michael ran communications, philanthropy, government relations, branding, and human resources for Citigroup. He served as chief of staff at the U.S. Securities and Exchange Commission in the Clinton Administration and in New York’s City Hall in the Dinkins and Koch Administrations. He began his career in investment banking.

Mr. Schlein has been involved with microfinance for many years, serving on the board and Executive Committee of Accion before becoming CEO and president, and playing a leadership role at the Citi Foundation, which has a long history of funding microfinance initiatives. He is also a member of the Council on Foreign Relations.

Mr. Schlein has graduate and undergraduate degrees from the Massachusetts Institute of Technology where he graduated Phi Beta Kappa.

Entries by Michael Schlein

Tapping an Invisible Market: We Can Make Financial Inclusion a Reality

(0) Comments | Posted October 29, 2013 | 6:04 PM

Five years after the near-collapse of the financial system, the rules of the global economy have changed, creating opportunity where no one expected to find it. Anyone unconvinced of this need only consider one fact: The economy of Africa is now growing as fast or faster than that of any...

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