Mozambique: Business owners struggling to make recovery plans
Maputo discusses risk management in development finance
2:14 CAT | 10 May 2022
Photo: Gapi - Sociedade de Investimentos on Facebook
Technicians from Southern African development finance institutions are meeting in Maputo for a training session in matters related to risk management, good management practices, resource mobilisation and assessment integrated investment, among other topics. The event ends on Friday, 13th May.
The training is hosted by Gapi, the first Mozambican development finance institution. It is aimed at senior and middle managers from countries in the region and is organised by the SADC Development Finance Resource Centre (DFRC), of which Gapi has been a member since 2007.
“It is a great honour to witness the beginning of this training on the Risk Management Program, whose goal is to train participants in the application of a risk management agenda in the performance of their functions, developing risk management policies, procedures and methodologies for their activities. institutions, especially with regard to credit risk,” said Adolfo Muholove, Chairman of the Executive Committee of Gapi, at the opening of the meeting.
“This training will focus on the concepts, tools and techniques of credit risk management, but will also address aspects of market and operational risk,” he added.
Risk management is a crucial discipline in banking management, and without it, the technician may himself become a risk in banking activity.
The training is one of the DFRC activities, aimed at improving the technical skills of employees of affiliated financial organisations. SADC development finance network membership currently comprises 40 development finance institutions from 15 SADC countries.
Source: Gapi - Sociedade de Investimentos / Press Release
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