Visa Economic Empowerment Institute Announces Inaugural Advisory Council Focused on Driving Actionable Policy Solutions
The founding members of the
Axel Weber(Chair), former UBS Chairman and former president of the German Central Bank(Bundesbank). Weber is currently a senior global adviser to Boston Consulting Groupand a member of the advisory board for fintech provider Raisin. “I am honored to serve as Chair of the inaugural Visa Economic empowerment Institute Advisory Council,” said Weber. “We need to overcome the continued gaps in economic opportunities that are making it difficult for all individuals to equally take part in the global payments ecosystem. I am confident that our collective knowledge and expertise at the Visa Economic Empowerment Institutewill help drive impactful strides in public policies designed to empower all.”
The Rt Hon.
Lord Hill, Member of the House of Lordsin the United Kingdomand former European Commissioner for Financial Stability, Financial Services and Capital Markets Union. “The biggest policy challenge we face in Europeis how to increase the competitiveness of our economy and accelerate growth. If we fail in that, we will fail in everything. Through its research, I hope the Visa Economic Empowerment Institutewill help show policy makers what they need to do to strengthen their economies and spread opportunities for businesses to grow,” said Lord Hill.
Koji Tsuruoka, former Japanese Ambassador to the United Kingdomand chief negotiator for international trade agreements including the Trans-Pacific Partnership. Tsuruoka spent 43 years with Japan’s Ministry of Foreign Affairs. “I know firsthand the impact that strategic and international collaboration can have on expanding access to the global economy,” said Tsuruoka. “To be a part of the Visa Economic Empowerment Institute Advisory Councilat its genesis is an exciting next chapter to unlock the potential and growth in payments.”
“The Visa Economic Empowerment Institute is a natural extension of Visa’s purpose – to uplift everyone, everywhere. Axel, Koji and Jonathan share our passion for economic empowerment and will bring new perspectives to the payments policy discourse,” said
- Imagining an open future for payments: We identify opportunities for the public and private sectors to work together to create and sustain an open and innovative payments ecosystem so that individuals, businesses, and economies can thrive.
- Unlocking growth through trade: Working together, stakeholders can find the right balance to ensure that the digital trade realm is competitive, seamless, secure, and accessible to all.
- Fostering digital equity & inclusion: Our goal in promoting digital equity is to reach the point at which all individuals and businesses can participate in and receive the benefits of the digital economy.
For more information on the