Having just emerged from an initial period of extreme stress inflicted by the COVID-19 pandemic, the global financial system has already entered a new episode of severe uncertainty as central banks are exiting support measures in their fight against rapid inflation. Financial institutions will play an important role in the current transition process which in turn will also reshape their business models. 

The Global Future Council on Responsive Financial Systems is exploring how the financial system can most effectively facilitate the shift to a new normal while ensuring that stakeholders build institutions that are green and become ever more inclusive. The council is taking a keen interest in innovative solutions to enable green finance and will contribute to the discussions informing dialogue at the COP27.

Co-chairs

Alice Law Shing-Mui, Deputy Chairman and Managing Director, Hong Kong Mandatory Provident Fund Schemes Authority, Hong Kong SAR, China

Huw van Steenis, Senior Advisor to the CEO, UBS AG, Switzerland

Council Managers

Kai Keller, Initiative Lead, The Future of Financial Services in China, World Economic Forum Beijing Representative Office

Marie Penelope Nezurugo, Research and Analysis Specialist, World Economic Forum