For this month’s monthly financial lunch hosted by the Institute for Global Financial Integrity, attention is turned to Micro-finance for Luxembourg in a talk led by Rémy Jacob, president of the first micro-finance organisation in Luxembourg, Microlux.
Rémy Jacob studied business and management at the Ecole Supérieure de Commerce et d’Administration des Entreprises de Dijon, France. He joined the Finance directorate of the European Investment Bank (EIB) in 1973. During his 41-year career at the EIB he held a series of senior positions including four years as Head of Personnel Administration, four years as Director of information technology, five years as Director of General Affairs, five years as Deputy Secretary General, and five years as Director General of the Strategy and Corporate Centre.
In 1992, he contributed to the creation of the London-based European Bank for Reconstruction and Development (EBRD). From 2000 to 2012 he was a member of the Board of the European Investment Fund, the venture capital and guarantee arm of the EIB Group. In 2012, he contributed to the creation of the EIB Institute, which supports European initiatives for the common good. From 2012 until his retirement in 2014 he was Dean of the Institute.
Microlux provides coaching and microcredits of up to €25,000 to women and men in a precarious economic situation who cannot access traditional banking credit. Microlux is organised as a commercial company; the shareholders are BGL BNP Paribas, ADA and ADIE.
For TIGFI members lunch at €45 per person, non-members at €60 per person to be paid prior to lunch on TIGFI account: BCEELULL LU06 0019 3055 2757 2000
Drinks are served starting at 12:00. The guest speaker will commence at 12:30.