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In Channy

In Channy
General Manager, ACELDA Bank
Phnom Penh, Cambodia
Advisor for the International Year of Microcredit 2005

"The Cambodian experience is that an enlightened laissez-faire policy, absence of political interference and firm but unobtrusive supervision have been the driving force in the success of microfinance. Politically motivated intervention stunts the growth of microfinance as a sustainable business by distorting the market and discouraging its access to the mainstream of the financial community."

In Channy is General Manager of ACLEDA Bank Limited. He studied Business Organization and Management at Gwynedd Mercy College, USA in 1990. He is one the founders of ACLEDA. He is also a member of the Advisory Board of Mekong Project Development Facility, an initiative of the World Bank/IFC. He obtained a Bachelor Degree in Education at the Faculty of Advanced Education in Thailand, in 1992.

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Raghuram G. Rajan, Director, Research Department IMF

Mr. Raghuram G. Rajan, Director, Research Department IMF
"In the Year of Microcredit, we will focus on access to finance, for people, poor and rich, need reliable financing so that their ideas can be brought together with assets to generate long-run sustainable growth."
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