Juan Carlos Izaguirre

Senior Financial Sector Specialist

Juan Carlos Izaguirre is a senior financial sector specialist working on emerging regulatory and supervisory issues in digital finance and financial consumer protection frameworks focused on customer outcomes. Mr. Izaguirre has over 15 years of regulatory and supervisory experience, primarily in banking, financial inclusion, consumer protection, and deposit insurance. In the past five years, he worked with national, regional, and global actors to develop and adopt guidance that enables financial inclusion while preserving stability, integrity, and consumer protection.

Before joining CGAP, Mr. Izaguirre was a founder of the World Bank’s Global Program on Financial Consumer Protection, where he co-authored Good Practices for Financial Consumer Protection and led technical assistance in Africa, Latin America, East Asia, Eastern Europe, and Central Asia. Previously, he was a prudential and conduct supervisor at the Superintendence of Banking, Insurance, and Private Pensions of Peru.

Mr. Izaguirre has a Master’s degree in International Relations and Public Administration from the Maxwell School of Syracuse University, a Master’s degree in Finance from Universidad del Pacífico of Peru, and a Bachelor’s degree in Economics. He has trained banking and microfinance supervisors at the Toronto Centre, Financial Stability Institute, and Boulder Institute of Microfinance. He is fluent in Spanish.

By Juan Carlos Izaguirre

Research

Deposit Insurance Treatment of E-Money

The expansion of digital financial accounts among poor customers has raised the question of whether e-money should be covered by deposit insurance and if so, how. This Technical Note examines the options while arguing that deposit insurance should not be the first line of defense in many emerging markets.
Blog

Cloud Computing for Financial Inclusion: Lessons from the Philippines

For the first time, the Philippine central bank has allowed a bank to move its core banking operations to the cloud. Its approach, balancing caution with forward thinking, holds lessons for regulators in other countries.
Blog

Regulator’s Friend or Foe? Cloud Computing in Financial Inclusion

Financial regulators in emerging markets shouldn’t fear cloud computing. When regulated and supervised properly, it can be a boon to financial institutions trying to reach underserved customers. Here are some tips for regulators and supervisors.
Blog

How Regulators Can Foster More Responsible Digital Credit

Regulators can help ensure digital credit helps, rather than harms, poor customers by taking these steps.
Blog

4 Regulatory Enablers for Digital Finance: A Gender Perspective

Unless policies consider gender, we risk leaving behind the most vulnerable in society, particularly women, limiting our ability to achieve the SDGs. However, if implemented with gender in mind, the basic regulatory enablers of digital finance can increase women's financial inclusion.