Weak governance and risk management impede African microfinance growth and sustainability. The Africa Board Fellowship (ABF) program is dedicated to strengthening governance, improving risk-management practices, and building strategic leadership abilities for board members and CEOs of financial institutions serving low-income clients in sub-Saharan Africa.
The six-month program offers in-person, peer-led seminars featuring real life case studies, role plays, interactive animation and networking, together with a virtual platform for structured learning, dialogue and collaboration. During the program, fellows establish individual and institutional goals and work with an advisor on achieving those goals. Through peer learning and exchange, ABF is designed to create an open atmosphere that allows for frank discussion among peers. World-class experts and leaders in microfinance and financial inclusion will facilitate and engage participants in an active dialogue on governance and risk. Seminars are an interactive combination of guided discussion and peer-to-peer exchange on governance, best practices and risk-management strategies, with an emphasis on fellows sharing knowledge and experience. At the conclusion of the program, fellows stay connected as alumni, creating a network of leaders confronting similar challenges.
ABF is for board members and CEOs of financial institutions working toward financial inclusion throughout sub-Saharan Africa. The program requires an institutional commitment and suggests that the board chair, CEO and at least one other board member attend the fellowship program. Ideally, at least the board chair and CEO would attend together as part of the same class and then additional participants from the institution can join future classes.
On select occasions, individual representatives will be selected as fellows for the program on a case-by-case basis. We are looking for fellows who are eager to share their experiences, learn from their peers, implement changes and strengthen their governance, risk management and strategic planning.