The first meeting of the GPFI was held in Seoul in December 2010 where three subgroups were created. The GPFI co-chairs are the G20 troika (host of the last, the current and the next G-20 Summit), currently Russia, Mexico and Australia, as well as the co-chairs of the three subgroups.
The subgroups are: Principles for Innovative Financial Inclusion and Standard Setting Bodies (SSBs) Engagement, SME Finance, and Financial Inclusion Data and Measurement. Read more about each sub-group's work.