Integrating Risk Management into Business Strategy: Tools for MFIs
As the industry matures, thriving financial service providers (FSPs) will be those who are able to effectively link their risk management and business strategies. But how does that process take place? This webinar recording features a practical methodology and a toolkit for microfinance institutions (MFIs) interested in developing a best practice risk management system. Participants will gain insight into assessing their institution's risk management systems and designing a risk management development plan.
Speakers will discuss the following:
- Why is it important to integrate risk management into business strategy?
- How can MFIs develop risk management systems?
- What kinds of resources does RIM offer and how can they help MFIs?
TARGET AUDIENCE: MFI board members and senior managers.
Sa-Eun is the principal consultant at MagpieVenture, LLC, where she provides training, consulting and executive coaching services for inclusive financial service providers. She brings over a decade of experience in financial services, providing direct technical assistance to over 25 banks and microfinance institutions in 15 countries. Most recently she co-authored a practical guide to developing a double-bottom-line risk management system applying RIM's graduation model.
Magdy Moussa is currently the Executive Director of Alexandria Business Association (ABA) in Egypt. He has more than 28 years of experience with international agencies, NGOs, and the Government of Egypt. He worked as a regional and global advisor for the World Bank, UNDP, IFAD, USAID, and AfDB, directed the work of PlaNet Finance in the Middle East and worked with the Near East Foundation in the Eastern Mediterranean region. Magdy has authored several internationally renowned papers and strategy documents in Egypt, Syria, Sudan, and a host of Gulf and African countries.
Kevin is the Director of RIM and Risk Management Subject Matter Expert for Accion's Africa Board Fellowship Program. Previously, Kevin served as the Director of Advisory Services with MFX Solutions, leading capacity building work for over 30 MFIs and banks in Sub-Saharan Africa. Kevin has also served as Microfinance Technical Advisor for World Relief, overseeing their microfinance network globally. Kevin was also part of the SEEP Financial Services Working Group which developed Microfinance Reporting Standards. He has served on numerous MFI boards and has worked in more than 20 countries.