Introduction to the Bank of Ghana Approved Board of Directors & Management Certification Training Programmes

Ghana Microfinance Institutions Network (GHAMFIN) is a network of Non-Bank Financial Institutions’ Association, Microfinance Associations (MFAs) and member financial institutions (FIs) engaged in the provision of financial and non-financial services. The Network provides common platform to share information, innovation, best practices and undertakes industry advocacy for and on behalf of members in areas of governance, operations, regulations, human capital development and sustainability, among others.

The Bank of Ghana in ensuring the implementation of sections 56 and 92(1) of the Banks and Specialized Deposit-Taking Institutions Act (Act 930) issued directives on Corporate Governance for the effective management of Regulated Financial Institutions (RFl’s). In the Business Rules and Sanctions for Microfinance Institutions, (Rule 24) strongly recommends Capacity Training for Directors and Key Management Staff .

The 21st Century Microfinance practice in respect to happenings within the financial sector, have called for the strengthening of the human capacities. GHAMFIN’s theme to achieve this feat is “Skillful Human Resources for a new Era of Microfinance in Ghana”

Training Structure

Board of Directors Training
Topic Days
Introductory To Microfinance Module 2 Days
Regulatory Module 2 Days
Board & Governance Module 2 Days
Marketing & Customer Care Module 1 Day
Human Resource Management Module 1 Day
Final Assessment (Online Test & Group Presentation) 1 Day
Management Certification Training (MCT)
Topic Days
Introductory To Microfinance Module 2 Days
Regulatory Module 2 Days
Board & Governance Module 2 Days
Financial Management Module 2 Days
Risk Management Module 2 Days
Strategic Management Module 2 Days
Credit Management Module 2 Days
Savings Management Module 2 Days
Marketing & Customer Care Module 1 Day
Human Resource Management Module 1 Day
Final Assessment (Online Test & Group Presentation) 1 Day

Course Delivery Modes:

The training would be Face-to-Face, Online (e-learning) or Hybrid

Target Group:

Board of Directors, Advisory Committee Members, Owners of Microfinance Enterprises, Senior Managers, Microfinance Professionals.

Trainers:

Certified Microfinance Trainers drawn from the Professional field, Academicians and Practitioners

Training Focus

The training programme has been customized and is practical oriented, blending several teachings and learning methodology like trainer input, group discussions, analysis of scenarios, peer learning and counselling. The training programme had designed to enhance understanding of the Microfinance business whiles equipping professionals with improved strategies to support good practices such as corporate governance practices, transparency, regulatory compliance etc. in the operations of MFls.