Certified Training Course – Introduction to Sustainable Finance – Mostadam – Cairo, Egypt – November 5-8, 2017

Mostadam logoFollowing the 2008 financial crisis, the financial industry is brought face to face with its own inconsistencies and shortcomings. The industry is increasingly becoming disharmonious with social and environmental realities.

Realizing financial industry gaps, MOSTADAM, in response, was initiated by Arab African International Bank (AAIB) in cooperation with the United Nations Development Program (UNDP) and Egyptian Corporate Responsibility Center (ECRC) in 2014. It is focused on capacity building, advocacy and advancing sustainable products and services.

From November 5-8, 2017 Geoffrey Mazullo, Principal, Emerging Markets ESG, delivered in Cairo a four-day certified training course – Introduction to Sustainable Finance – as part of the Mostadam platform.  This was the third edition of the introductory course; the inaugural course was delivered in November 2014 and a second edition was delivered in March 2017.

30 participants attended the course – 29 bankers from eight banks and a faculty member from Heliopolis University.

Details about the course, including agenda and description, may be found in the course brochure, which you may download here.

Please click here to watch a short video of testimonials from participants in the first two editions of the MOSTADAM course Introduction to Sustainable Finance.

“Investors show interest in EM” – Money Management – November 3, 2017

On November 3, 2017 the Austrian portal Money Management reported on research conducted by the firm bfinancial about new equity mandates.

According to the article, “investors and pension funds have highly prioritised emerging market and Asia-focused managers at the expense of US equities.”

“However, one of the challenges for investors, seeking to integrate ESG considerations in emerging market equities, was lack of data.  Where scores were available, they are often based on less information and restricted to benchmark stocks, while EM managers tend to invest a significant proportion off-benchmark.”

You may read the article on the Money Management internet site.