The selected panel, "The Opportunities of Microfinance in Latin America," moderated by Jonathan Mordoch, associate professor of public policy and economics at New York University Wagner School of Public Service and author of the book The Economics of Microfinance, began with a review of the history of microfinance institutions and developments in the last several decades. The discussion then led to the ways in which microfinance institutions can serve entrepreneurs and how the role of microfinance has changed at global multinational banks like Citigroup. The panelists were: Kurt Koenigsfest, Sr., CEO and General Manager of BancoSol S.A. and Bob Annibale, Global Director of Microfinance at Citigroup.