Timothy Lyman

Lead Financial Sector Specialist

Timothy Lyman was at CGAP until November 2019. During his time, he led CGAP’s work to incorporate consideration of financial inclusion in the work of the global financial sector standard-setting bodies, including as lead Implementing Partner on the work of the G20 Global Partnership for Financial Inclusion focused on the standard setters.

He co-chaired the works of the Basel Committee on Banking Supervision leading to the Committee’s first guidance on a financial inclusion topic in 2010 and currently serves as Vice Chair of the Financial Inclusion Workstream of the Basel Consultative Group—the outreach arm of the Basel Committee. Mr. Lyman serves on the Executive Committee of the Access to Insurance Initiative, Implementation Partner of the International Association of Insurance Supervisors. He has worked on financial inclusion-related policy and regulation and community development for over 30 years, in every region of the world. For much of his career, he was a partner in the law firm of Day, Berry & Howard (now Day Pitney) and served as president of its affiliated philanthropic foundation. From 1994 to 2005, he served as principal outside legal counsel to Save the Children/U.S.

Mr. Lyman has a Law degree from New York University School of Law and a Bachelor’s degree from Harvard University. He speaks French, Spanish, Bosnian/Croatian/Serbian, and German.

By Timothy Lyman

Blog

Building An Enabling and Protective Policy Environment

The blog post describes CGAP's approach to building an enabling and protective policy environment for financial inclusion.
Blog

Microfinance in the ECA Region: Need to Sharpen Definitions?

In Eastern Europe and Central Asia (ECA) region a deep and growing divide between commercial, high-interest consumer finance and traditional social purpose microlending is emerging, and the confusion of the two in the eyes of the public.
Research

Landscaping Report: Financial Inclusion in Russia

This Landscaping Report on the state of financial inclusion in Russia is based on CGAP’s research conducted during April – September 2012.
Research

A Guide to Regulation and Supervision of Microfinance

This Guide updates CGAP’s 2003 Guiding Principles on Regulation and Supervision of Microfinance. The revisions reflect continuing developments in the global state of financial access for poor and low-income customers.
Blog

Interest Rates: What Are the Lessons from Russia on "How Much Is Too Much?"

The situation in Russia and other countries is now leading us to want to revisit each of these factors, “deconstructing” the concept of “sustainable” interest rates and review factors, to see if this process sheds some light on whether any given interest rate can be considered responsible.