WFI Chairman Roger Ganser’s closing remarks at the Annual Meeting of the World Federation of Investors in Vienna, Austria.
Thank you, moderator Peter Muzik, distinguished speakers, RBI for hosting our Annual Meeting in their lovely facility, and to Willi Rasinger and his colleagues for being such gracious hosts during our three days in Vienna.
My role as Chairman of WFI and as a worldwide promoter of investor education came after a teaching career and a thirty-year career as a venture capitalist. I am currently serving a four year term on the USA Security Exchange Commission’s (SEC) Investor Advisory Committee where I am a member of the Executive Committee and chairman of the Investor Education Subcommittee. This past year I was appointed to the Investor Issues Committee of the USA Financial Regulatory Agency (FINRA) who oversees all stock exchanges, brokers, advisors, and dealers. For the past six years I have represented individual investors at the New York Stock Exchange advisory committee. So, I understand the process of capital formation and the importance of capital formation to the future of a nation's economy and the welfare of its citizens. Financial literacy, which refers to very basic skills like balancing a check book, is a worldwide problem. Investor education is an equally critical problem if we are to enable individual investors to build wealth to insure their own quality of life. We require the cooperative efforts of governmental agencies, banks and exchanges, and non-profit investor education organizations to create nations of active and successful individual investors.
Below: Speakers at WFI sessions "Financial Education" and "Banking and Business in CEE and Russia" hosted by Raifeisen Bank International
Above (from left): Eduard Zehetner, CEO, Immofinanz, AG; Roger H. Ganser, WFI Chairman; Dr. Wilhelm Rasinger, President, IVA and 2014 WFI host; and Peter Muzik, Moderator
Left: Herbert Stepic, Past Chairman, Raiffeisen Bank International AG