Board Management and Oversight in Microfinance Institutions Training Course

Introduction

The Board Management and Oversight in Microfinance Institutions Training Course is designed to strengthen the governance capabilities of boards, ensuring they effectively guide microfinance institutions toward sustainability and growth. Strong board oversight is essential for maintaining accountability, improving institutional performance, and safeguarding the interests of stakeholders. This course focuses on equipping board members and senior leaders with the tools, frameworks, and strategies needed to fulfill their governance roles effectively.

Participants will gain insights into the responsibilities of boards, governance structures, risk oversight, financial accountability, and ethical leadership. Through interactive sessions, practical case studies, and global best practices, this training empowers boards to provide clear direction, monitor performance, and ensure compliance. By the end of the course, participants will be well-prepared to strengthen institutional governance and contribute to impactful microfinance operations.

Duration: 10 Days

Target Audience:

  • Board members of microfinance institutions
  • Senior executives and management teams
  • Governance and compliance officers
  • Institutional development specialists
  • Risk management officers
  • Policy and regulatory advisors
  • Donor and development partners
  • Strategic consultants in microfinance
  • Audit and finance committee members
  • Organizational leadership trainers

Course Objectives:

  1. Understand the roles and responsibilities of MFI boards
  2. Strengthen governance frameworks for effective oversight
  3. Improve board decision-making processes
  4. Enhance accountability and transparency mechanisms
  5. Build capacity for financial oversight and risk management
  6. Foster ethical leadership and integrity within boards
  7. Align board functions with institutional missions and strategies
  8. Strengthen relationships between boards and management
  9. Apply global best practices in board governance
  10. Develop action plans to improve board effectiveness

Course Modules:

Module 1: Introduction to Board Governance in MFIs

  • Role of governance in microfinance institutions
  • Importance of board oversight
  • Key functions of MFI boards
  • Common governance challenges
  • Global perspectives on board governance

Module 2: Roles and Responsibilities of Board Members

  • Duties and obligations of directors
  • Strategic vs. operational responsibilities
  • Legal and fiduciary responsibilities
  • Accountability to stakeholders
  • Case examples of board roles

Module 3: Governance Structures in MFIs

  • Board composition and structure
  • Committees and their functions
  • Separation of powers in governance
  • Reporting lines and accountability
  • Designing effective governance structures

Module 4: Board and Management Relations

  • Defining boundaries between board and management
  • Ensuring collaboration without interference
  • Building trust between executives and boards
  • Effective communication mechanisms
  • Resolving conflicts of interest

Module 5: Strategic Oversight and Direction

  • Role of boards in strategic planning
  • Monitoring institutional performance
  • Linking strategy to governance
  • Case studies of successful board involvement
  • Tools for strategic oversight

Module 6: Risk Oversight and Compliance

  • Identifying and managing risks at board level
  • Establishing risk committees
  • Role of boards in compliance assurance
  • Regulatory and supervisory expectations
  • Global standards in risk oversight

Module 7: Financial Oversight by Boards

  • Understanding financial statements
  • Financial accountability and reporting
  • Budget approval and monitoring
  • Audit committee functions
  • Tools for financial decision-making

Module 8: Ethical Leadership and Integrity

  • Promoting ethics at board level
  • Codes of conduct and board policies
  • Avoiding conflicts of interest
  • Leading with transparency
  • Building a culture of integrity

Module 9: Enhancing Board Decision-Making

  • Decision-making frameworks for boards
  • Collective vs. individual accountability
  • Tools for informed decision-making
  • Managing dissent and consensus
  • Improving meeting effectiveness

Module 10: Board Performance Evaluation

  • Assessing board effectiveness
  • Self-assessment tools and peer reviews
  • Performance indicators for boards
  • Feedback and continuous improvement
  • Case examples of evaluation processes

Module 11: Capacity Building for Board Members

  • Induction and orientation of new members
  • Continuous education and training
  • Knowledge management for boards
  • Accessing global best practices
  • Building institutional governance knowledge

Module 12: Stakeholder Engagement and Boards

  • Role of boards in stakeholder management
  • Building stakeholder trust
  • Oversight of social performance goals
  • Reporting to stakeholders
  • Engaging with external partners

Module 13: Global Best Practices in Board Governance

  • International guidelines for board oversight
  • Lessons from high-performing MFIs
  • Benchmarking against global peers
  • Adapting best practices locally
  • Emerging trends in board management

Module 14: Common Challenges and Solutions in Board Oversight

  • Weak governance structures
  • Limited board independence
  • Inadequate risk oversight
  • Conflicts between boards and management
  • Strategies for overcoming challenges

CERTIFICATION

  • Upon successful completion of this training, participants will be issued with Macskills Training and Development Institute Certificate

TRAINING VENUE

  • Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

  • Airport Pick Up is provided by the institute. Accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com

For More Details call: +254-114-087-180

 

Board Management And Oversight In Microfinance Institutions Training Course in Kenya
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