May 25, 2011 (Business Wire) — Expanding on his role in last year’s annual forum, OECD Secretary-General Angel Gurría invited John Hope Bryant, the founder, chairman and CEO of global financial literacy nonprofit Operation HOPE (HOPE) to speak at the Organisation for Economic Co-operation and Development’s (OECD) 50th Anniversary Forum “Better Policies for Better Lives”. The event brings together 1400 representatives from 36 member countries from May 24 – 25, 2011.
Bryant’s session “Restoring Trust in the System” included keynote remarks from Iveta Radičová, Prime Minister, Slovakia and moderator Soumitra Dutta, Roland Berger Chaired Professor of Business and Technology, INSEAD, France.
Bryant, who is also a member of the U.S. President’s Advisory Council on Financial Capability for President Barack Obama, joined world financial leaders in a panel discussion on Financial Regulation and Consumer Protection. He spoke to the global economic crisis and explained how it is not a recession but a “reset”; asserting that financial literacy empowerment is key to recovery for the restructuring of the global economy.
“In the 20th Century, democracy and the right to vote was the main empowerment tool for individuals. In this global economic age, financial literacy empowerment has become the single most important civil rights issue,” said Bryant. “To restore faith in the system, we have to further ‘silver rights’ – the access to economic opportunity. Helping individuals understand the rules of the game gives them the ability to realize their individual aspirations.”
Expanding on the basic concepts of his business bestseller LOVE LEADERSHIP: The New Way to Lead in a Fear-Based World, Bryant noted the importance for economic leaders to understand that focusing on what they have to give instead of what they can get is the first step to “restoring trust in the system”.
Sharing efforts to further financial literacy empowerment on the national and world stage, Bryant elaborated on a few of HOPE’s successes:
Focused on Financial Regulation and Consumer Protection, Bryant’s panel involved: Ted Menzies, Minister of State, Finance, Canada; Federico Ghizzoni, CEO, UniCredit SpA; Marilena Lazzarini, Member of the Council of Directors, Instituto Brasileiro de Defesa do Consumidor, Brazil; Steingrimur J. Sigfússon, Minister of Finance, Iceland. The discussant for the panel was Renato Flores, Professor, Fundação Getulio Vargas/ EPGE, Brazil, Education International.
The OECD was established in 1961 and includes 31 member countries. Their mission is to bring together the governments of countries committed to democracy and the market economy from around the world to support sustainable economic growth, boost employment, raise living standards, maintain financial stability, assist other countries’ economic development and contribute to growth in world trade. The organization provides a setting where governments compare policy experiences, seek answers to common problems, identify good practice and coordinate domestic and international policies.
About Operation HOPE, Inc.
Founded in 1992, social empowerment nonprofit Operation HOPE’s mission is to expand economic opportunity in under-resourced communities through financial literacy education. HOPE promotes “silver rights” – making free enterprise and capitalism relevant and effective for the underserved. Raising more than $500 million and directing and restructuring nearly $500 million more in mortgages and economic support from the private sector, for a total of approximately $1 billion in economic activity, HOPE seeks dignity and empowerment for all. Follow Operation HOPE at www.operationhope.org, www.twitter.com/operationhope, and www.facebook.com/operationhope.
HOPE Global Initiatives is the international division of Operation HOPE dedicated to promoting and advocating the benefits of economic empowerment as a tool for vastly improving the quality of life in developing countries. With a particular focus on developing countries on the African continent, their role has expanded to serve low-wealth communities throughout the world. For more about HOPE and its programs to empower the underserved, visit www.operationhope.org.
About John Hope Bryant
John Hope Bryant is the founder, chairman and CEO of Operation HOPE and Bryant Group Companies, Inc., author of Inc. Magazine/CEO READ bestselling business book LOVE LEADERSHIP: The New Way to Lead in a Fear-Based World (Jossey-Bass), and a Member of the U.S. President’s Advisory Council on Financial Capability. He is a member of USA Today’s CEO panel and a regular contributor to the Huffington Post. Bryant has received over 400 awards and citations for his advocacy work, including Oprah Winfrey’s Use Your Life Award. An internationally-recognized leader in empowering low-wealth communities in America and across the world, Bryant has empowered more than 1.5 million individuals worldwide. Raised in Compton and South Central Los Angeles, he had been homeless for six months by the age of 18. Finding his way out of poverty, he has dedicated his life to leading the way for others. Follow his blog at on his website.
Operation HOPE, Inc.
Sherry John
213-891-2908
sherry.john@operationhope.org
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