Business programme

One of the most problematic aspects of enhancing people’s financial literacy and developing a financial culture is that citizens overstate the level of their knowledge, overestimate their life experience, and are guided by erroneous stereotypes. However, modern challenges and technological development dictate the need to create key components of financial culture that will serve the interests of both individuals and society as a whole. The level of financial knowledge varies markedly across different groups. Younger people are more active financially and, as a result, have higher literacy levels. Meanwhile, economically active adults have a more difficult time processing new information. As a result, the government faces the challenge of getting adults more interested in enhancing their financial literacy and developing a financial culture, which will ultimately ensure their more active and conscious participation in the Russian economy and contribute to its structural transformation and effective development. What can the government and other interested organizations do to contribute to the financial well-being of adults and economic growth? What role do employers play in improving financial literacy and shaping the financial culture of their own employees? What practices (including international practices) are employers using to improve financial literacy and develop a financial culture among their employees? How do employers assess the contribution of financial literacy and financial culture to increased productivity?

Moderator
Vladimir Nazarov, Director, Financial Research Institute of the Ministry of Finance of the Russian Federation

Vladimir Nazarov

Director, Financial Research Institute of the Ministry of Finance of the Russian Federation

Vladimir Nazarov CSc (Econ.) is Director of the Federal State Budgetary Institution “Scientific-Research Institute of Finance”, member of the Russian Ministry of Finance College and member of the Expert Board under the Russian Government.
2004–2005: Junior Fellow at the Macroeconomics and Finance Division, Institute for the Economy in Transition.
2005–2007: headed the laboratory of fiscal federalism and subnational finance, Institute for the Economy in Transition.
2007–2012: headed the Academy of National Economy under the Russian Government.
Since 2013: Deputy Director, Science, Institute of Social Analysis and Forecast at RANEPA under the Russian President. Since 2013: Director, Financial Research Institute.
His academic interests include inter-budgetary relations (including development of methods for transfer distribution between regional and local budgets), reform of the public sector, developing methods for assessing the efficiency of regional and local authorities, direct taxes, pension reform and healthcare economics. He is included among the Top-100 reserve of public administration staff under the patronage of the Russian President.

Panellists
Alexander Auzan, Dean of the Faculty of Economics, Lomonosov Moscow State University
Nikolay Zhuravlev, Deputy Chairman of the Federation Council of the Federal Assembly of the Russian Federation
Pavel Kadochnikov, Deputy Minister of Finance of the Russian Federation
Maria Kalinina, Director of Socially Significant Projects, Rosatom State Corporation
Andrey Lisitsyn, Managing Director, Financial Policy and Financial Markets Department, Russian Union of Industrialists and Entrepreneurs
Mikhail Mamuta, Head of Service for Protection of Consumer Rights and Ensuring the Availability of Financial Services, Member of the Board of Directors, The Central Bank of the Russian Federation (Bank of Russia)
Stanislav Prokofiev, Rector, Financial University under the Government of the Russian Federation

Alexander Auzan

Dean of the Faculty of Economics, Lomonosov Moscow State University

Mr. Aleksandr A. Auzan was born in Norilsk on July 11, 1954.
He graduated from the Faculty of Economics of Lomonosov Moscow State University and now holds a degree Doctor of Science (Economics) and Professor.
At the end of 1980s, Mr. Auzan became one of initiators to start consumer right associations. He was a member of the Bureau of Consumers International, a global consumer organization. From 2005 to 2011, he was head of the Association of Russian Economic Think-Tanks (ARETT). He was a member of the RF Presidential Council for Civil Society and Human Rights and the RF Presidential Commission for Modernization and Technological Development of Russia's Economy. He also was head of the Advisory Working Group of the Commission. From 2011 to 2012, Aleksandr Auzan was head of the Expert Group "Optimization of State's Presence - Reducing Regulatory Functions and Ensuring Transparency and Feedback from Citizens and Businesses" to update Strategy 2020. Currently, he is a member of the Economic Council under the President of the Russian Federation, Advisory Council under the Russian Government, Governmental Commission on Administrative Reform.
Mr. Aleksandr A. Auzan is the author of more than a hundred scientific papers, including four monographs. He regularly publishes articles and gives interviews to the media. He also gives lectures on institutional economics, modernization of the economy, socio-cultural values, and dynamics of the social contract. It has many years of practical experience in advising national and regional governments.

Nikolay Zhuravlev

Deputy Chairman of the Federation Council of the Federal Assembly of the Russian Federation

Pavel Kadochnikov

Deputy Minister of Finance of the Russian Federation

Maria Kalinina

Director of Socially Significant Projects, Rosatom State Corporation

Andrey Lisitsyn

Managing Director, Financial Policy and Financial Markets Department, Russian Union of Industrialists and Entrepreneurs

Mikhail Mamuta

Head of Service for Protection of Consumer Rights and Ensuring the Availability of Financial Services, Member of the Board of Directors, The Central Bank of the Russian Federation (Bank of Russia)

Born: 29 September 1974; Voronezh.
Marital status: married.
Education:
1997 — Voronezh State University, Master of Physics.
2000 — Voronezh State University, qualification conferred: economist; major: Finance and Credit.
Candidate of Economic Sciences.
Speaks English
1997–1999 — Adviser, Administration of the Voronezh Region, Voronezh.
1999–2000 — Deputy Chief of Section, Main Department for Reserves, Consumer Market and Services, Administration of the Voronezh Region, Voronezh.
2000–2002 — General Director, the State Small Business Support Fund of the Voronezh Region, Voronezh.
2002–2004 — Director for Training and Regional Development, Acting Director, Director, Microfinance Centre Fund, Moscow.
2004-2014 — Director, Russian Microfinance Centre Fund, Moscow.
2007–2014 — concurrently: President, National Partnership of Microfinance Market Participants (Non-profit Partnership), Moscow.
2014-2016 — Head of the Main Office of Microfinance Market and Financial Inclusion Methodology, Bank of Russia, Moscow.
2016–2017 — Head of the Service for Protection of Financial Services Consumers and Minority Shareholders, Bank of Russia, Moscow.
2017 to date — Head of the Service for Consumer Protection and Financial Inclusion, Bank of Russia, Moscow.
Member of the Board of Directors, Bank of Russia (appointment effective 10 October 2018).

Stanislav Prokofiev

Rector, Financial University under the Government of the Russian Federation

Front row participant
Veniamin Kaganov, General Director, Financial Literacy Development Association

Veniamin Kaganov

General Director, Financial Literacy Development Association

He was born on April 23, 1958 in Petrozavodsk.
In 1980 he graduated from Petrozavodsk State University with a degree in Physicist. In 1993 - 2010 took numerous advanced training courses in Japan, the USA, the Great Britain, Russia. PhD in economics, professor in the Russian Presidential Academy of National Economy and Public Administration
Since 1984 he has held leadership positions in youth organizations such as the Komsomol, the Russian Youth Union.
From 1993 to 2006 he worked in the field of additional education – vice-rector, rector of the Academy of Management and Market, director of the Institute of Entrepreneurship and Investments.
From 2006 to 2010 he was the rector of the Norilsk Nickel Corporate University.
From 2011 to 2020 he was in the public service – the first deputy head of the Department of Education of the city of Moscow (2011-2012). Deputy Minister of Education and Science of the Russian Federation (2013-2017). Assistant to the Deputy Prime Minister of the Russian Federation (2017-2020).
From 2020 to the present, he is the general director of Financial Literacy Development Association.