Past Event

The Future of Financial Markets in Developing Economies: Processes, Participants, and Products

June 25, 2021
2:00 PM - 4:00 PM
Online event Nairobi

Financial markets in popularly known emerging market economies (EMEs) have experienced significant structural transformations over the past two decennaries. Whereas bank-oriented finance has prevailed and dominated, capital markets have deepened, domestic currency bond markets developed, and derivatives and repo markets have grown alongside cash instruments. This market expansion and growth have advanced with rising indebtedness, mainly corporates, households, and EME sovereigns. The participants and composition of financial markets have also significantly evolved, with local banks decreasing their exposure, domestic institutional investors covering the ground, and foreign participants becoming more prominent in the investor base.

The post-crisis regulatory frameworks have been steadily falling into place, and financial institutions have changed their business models correspondingly. It is now becoming evident that the increasing pace of technological revolution is the most creative drive—and the most destructive one—in today's financial services environment. This webinar discusses the real-world implications of these technological advancements on the financial markets and their ecosystems. These technological disruptions affect participant behavior and product offerings especially considering the emergence of blockchain technology, artificial intelligence, the internet of things, and social media influences.

Moderator Bio

Dr. James Oranga

Dr. James Oranga- Lecturer of Journalism at the University of Nairobi School of Journalism.

Chief Guest

Prof. Stephen Kiama

Prof. Stephen Kiama is the Vice-Chancellor, University of Nairobi.


Dr. Duncan Elly Ochieng

Dr. Duncan Elly Ochieng is a lecturer of finance at the University of Nairobi School of Business.


Prof. Jackson Kivui Maalu

Prof. Jackson Kivui Maalu is the Dean, University of Nairobi, School of Business

Prof. Cyrus Iraya

Prof. Cyrus Iraya, Chairman, Department of Finance and Accounting, University of Nairobi

Mr. Geoffrey Odundo

Mr. Geoffrey Odundo is the Chief Executive Officer, Nairobi Securities Exchange.

Dr. Luther Otieno Odhiambo

Dr. Luther Otieno Odhiambo is a senior lecturer of finance at the University of Nairobi School of Business

Prof. Horace Ochanda

Prof. Horace Ochanda is the Deputy Vice Chancellor, Research Innovation and Enterprise at the University of Nairobi

Prof. Jama Mohamud Abdi

Prof. Jama Mohamud Abdi, is the Principal, College of Humanities and Social Sciences at the University of Nairobi.

Ms. Elizabeth N. Nkukuu

Ms. Elizabeth N. Nkukuu is an Investments Expert at Cytonn Investment

Ms. Roselyne Wanjiru

Ms. Roselyne Wanjiru is an Economist, Youth Mentor, and Blockchain Strategist