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A Decade of Innovation – Republic of Korea and World Bank Group Partnership for Sustainable Development

May 23-24, 2023
Fairmont Ambassador Hotel, Seoul, Republic of Korea

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木瓜影院 Group (WBG) Korea Office was established in 2013 with the Republic of Korea (Korea) emerging as a key development partner of the WBG through its financial contributions, its thought leadership, and the unique development experience of being the first former aid recipient to join the Organization for Economic Development (OECD)’s Development Assistance Committee. The WBG, together with the Republic of Korea Ministry of Economy and Finance (MOEF), will host the 10th year anniversary event on May 24, 2023, to commemorate the milestones and the invaluable contribution of Korea to the development community through WBG programs in the past decade. The event will showcase how the financing and development lessons from Korea impacted WBG client countries.

Agenda is the following.

May 24, 2023

Grand Ballroom, Fairmont Ambassador Seoul Hotel

A Decade of Innovation : Republic of Korea and World Bank Group Partnership for Sustainable Development

Time

Program

09:00-09:30

Opening Ceremony

  • [Video] 10 Years of the World Bank Group Korea Office
  • Opening Remarks: Anna Bjerde, Managing Director of Operations, World Bank (WB) 
  • Congratulatory Remarks: Kyungho Choo, Deputy Prime Minister and Minister of Economy and Finance (MOEF), Republic of Korea
  • Appreciation Ceremony to MOEF from the WBG
  • Keynote: Ivan John Uy, Secretary, Department of Information and Communications Technology, Philippines
09:30-09:45Group Photo
09:45-10:00

[Cultural Performance] The Passage of Time

This contemporary performance will focus on Korea’s developmental success since the end of the Korean War and how it is inspiring the world in all sectors.

10:00-10:15

Coffee Break

10:15-11:35

Session 1: Korea as a Model for Development in WBG Member Countries

In celebration of the WBG Korea Office’s 10th year anniversary, this session commemorates the valuable contribution Korea has made to the World Bank Group in terms of both finance and knowledge. The presentation will show the depth of the current partnership and our aspirations for the future. A panel discussion will reflect on Korea’s development strengths, and which aspects of Korea’s experience offer lessons that we can replicate in other countries.

Moderator:  Mara K. Warwick, Country Director for China and Mongolia and Director for Korea, WB 

Presentations

  • The WBG Korea Office and Partnerships with Korea: Jason Allford, Special Representative, WBG Korea Office

Panel Discussion

  • Rachel Anne S. Herrerra, Commissioner, Philippines Climate Change Commission, Philippines
  • H.E. Wondimu Seta, State Minister of Urban Development and Infrastructure, Federal Democratic Republic of Ethiopia
  • H.E. Khaled Al-Attar, Vice Minister for Digital Transformation, Arab Republic of Egypt
  • Jong Sung Hwang, President, National Information Society Agency (NIA)
  • Richard Damania, Chief Economist, Sustainable Development Practice Group, WB
  • Muhamet Bamba Fall, Director for Infrastructure, Manufacturing, Agribusiness, Services (MAS) and Trade Operations, Multilateral Investment Guarantee Agency

11:35-12:45

Session 2: Supporting the Korean Private Sector with Emerging Market Opportunities

The International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) engages with Korea’s private sector to identify and support cross border investment opportunities in developing countries. The WBG Korea Office is one of the few offices which houses both IFC and MIGA. Successful cases of supporting the Korean private sector with emerging market opportunities will be shared.

Moderator: Kim-See Lim, Director, East Asia and the Pacific, IFC

Presentations:

  • Janice Ryu, Resident Representative, IFC
  • Jaeyoung Jin, Head of North Asia, MIGA

Panel Discussion

  • Randall Riopelle, Country Manager for China, Korea, and Mongolia, IFC
  • Jae Hyung Kwon, Head of South Asia, MIGA
  • Sangjin Ju, Director General, Infrastructure Finance Department, Export-Import Bank of Korea (KEXIM)
  • Heeyun Lee, Senior Director & Head of Infrastructure Finance Department, K-SURE
  • Jihyung Kim, General Manager of Global business, Shinhan Financial Group

12:45-14:15

Lunch

14:15-15:45

Session 3: Making a Difference - Seoul Center for Finance and Innovation & Korea Program for Operational Knowledge

The two programs that started with the WBG Korea Office are the Seoul Center for Finance and Innovation (Seoul Center) and the Korea Program for Operational Knowledge (KPOK), both hitting the ten-year milestone. This session will illustrate the evolution of the two programs, showcase successful partnerships in Korea and share results on the ground.

  • Moderator
    • Sameer Goyal, Senior Financial Sector Specialist, Finance, Competitiveness & Innovation (FCI) Africa East, WBG
  • Seoul Center Presentation
    Voices from the Field - Assessing the Impact of Korea Trust Fund & Lessons Learned
    • Zafer Mustafaoglu, Practice Manager, FCI East Asia and Pacific, WBG
  • Testimonials of Seoul Center Grant Beneficiaries
    • Batbaatar. B, Director, Financial Information Unit, Bank of Mongolia
    • Kelvin Lester K. Lee, Commissioner, Securities and Exchange Commission, Philippines
    • H.E. Sam-Ath Say, Head of Cambodia Financial Intelligence Unit, Cambodia
    • Maliny Xavanna, Deputy Director General, International Cooperation Department, Bank of Lao
  • Korea Program for Operational Knowledge (KPOK) Presentation
    KPOK & the Open Learning Campus: Aligning Knowledge and Learning with Development Effectiveness
    • Jisun Kim, Senior Program Coordinator, Open Learning Campus, WBG
  • [Video] KPOK Client Testimonials (Video featuring interviews of World Bank clients, Korean partner and World Bank staff who have participated in KPOK offerings)

15:45-16:00

Coffee Break

16:00-17:15

Session 4: WBG Korea Office as a Global Center for Innovation and Technology for Sustainable Development  

In the last 10 years, the WBG Korea office has transformed into a Global Center for Innovation and Technology for Sustainable Development (Innovation Hub). This session will invite client country representatives to present on tangible impacts on their partnership with the teams mapped to the Korea office and share their experience and reflect on next steps. A panel discussion will take a deeper dive on how these operations programs can leverage Korea’s experience furthermore to WBG’s lending and technical assistance.

Moderator

  • Francis Ghesquiere, Practice Manager, Urban Development and Disaster Risk Management, Resilience & Land East Asia and the Pacific, WB

Country Presentations

Can Tho Vietnam Spatial Planning Platform

  • Ng? Qu?c Thái, Advisor, Can Tho City People’s Committee, Socialist Republic of Vietnam

Digital Mass Valuation Pilot for Land Registration in Indonesia

  • Himawan Arief Sugoto, Secretary General of Ministry Agrarian and Spatial Planning, National Land Agency, Indonesia

Deploying E-Mobility and Battery Storage in the Pacific Islands

  • Frank Kyota, CEO, Palau Public Utilities Corporation (PPUC)

Panel Discussion and Q&A

  • Ng? Qu?c Thái, Advisor, Can Tho City People’s Committee, Socialist Republic of Vietnam
  • Himawan Arief Sugoto, Secretary General of Ministry Agrarian and Spatial Planning, National Land Agency, Indonesia
  • Frank Kyota, CEO, Palau Public Utilities Corporation (PPUC)
  • Seong-ik Oh, Director General, Cadastral Resurvey Planning Office, Ministry of Land Infrastructure and Transport (MOLIT), Republic of Korea
  • Jinhee Park, IT Officer, Technology & Innovation Lab, WB
  • Stamatis Kotouzas, Senior Land Administration Specialist, Urban, Disaster Risk Management, Resilience & Land Global Practice, WB
  • Inchul Hwang, Senior Energy Specialist, Energy & Extractives Global Practice, WB

Wrap-up 

17:15-17:45

Recognition Ceremony and Closing

  • Recognition Ceremony: WBG Korea Appreciation Awards
  • Closing Remarks: Riccardo Puliti, Vice President, Asia and Pacific, IFC

17:45-18:30

Cocktail Reception

 

Details

  • Host: World Bank Group, Ministry of Economy and Finance Republic of Korea
  • Date: May 23-24, 2023