Claudia McKay

Lead, Green and Resilient Outcomes

Claudia McKay leads CGAP’s work on strengthening the role that financial services play in achieving green and resilient outcomes, especially for women. This includes financial services for climate resilience and adaptation, including both private and public sector solutions, and with a particular emphasis on the nexus between climate, gender and financial inclusion. This also includes financial services to help vulnerable people cope with the many risks and shocks they face through work in highly fragile countries and on inclusive insurance.  
 
Since joining CGAP 12 years ago, Claudia has worked and published on a wide variety of topics, including agent networks, human centered design, effective regulations, interoperability, open APIs and enhancing the livelihoods of platform-based workers through financial services. Claudia has also worked extensively in specific markets to develop inclusive financial ecosystems, particularly in Sub-Saharan Africa. 
  
Claudia has over 20 years of development and financial inclusion experience. Before joining CGAP, Claudia spent seven years working for Opportunity International, a global network of microfinance organizations, including four years as head of Microfinance Banking for Opportunity Bank in Malawi. She has also worked as a management consultant with the Boston Consulting Group. 
  
Claudia has a Master’s degree in Business Administration from Oxford University’s Saïd Business School. 

By Claudia McKay

Blog

Interest Payments on Mobile Wallets: Bank of Tanzania’s Approach

One ongoing debate in digital financial services concerns whether customers should be able to earn interest on mobile money wallets. The Bank of Tanzania decided that the benefit of interest earned by MNOs should go directly to customers. Here are key lessons to date.
Blog

Aggregators: The Secret Sauce to Digital Financial Expansion

Aggregators are key players in the digital financial services ecosystem, but primarily operate in the background. What exactly is their role and why are they important?
Blog

Digitizing Agriculture Value Chains: The Story So far

For the 7% of the world's smallholder farmers who work in tight value chains, digitizing the steps required to move an agricultural product from the farm to final customers could be an opportunity to deepen financial inclusion.
Blog

20 Years of Financial Inclusion in East Africa: 4 Major Shifts

Four major shifts have occurred in East Africa's financial services landscape over the past two decades.
Blog

New Data Finds Mobile Money "On the Cusp" in Rwanda and Ghana

New data provides the most comprehensive picture yet of digital financial services (DFS) access and usage in Ghana and Rwanda.