RIM Holds Successful Risk Management Training in Egypt

Risk Management Initiative in Microfinance (RIM) completed its first training of microfinance institutions in the Middle East, to raise global standards in building comprehensive and appropriate risk management framework in serving the poor. Despite the dire war-torn situation in Yemen, 16 members of Yemen Microfinance Network travelled a long journey to Cairo, Egypt to attend the training, thanks to funding support from MEDA’s (Mennonite Economic Development Associates) EU-funded Yemen Economic Support Programme (YESP) project. Egypt and Jordan microfinance executives were in presence as well, adding to the richness in discussion of the importance of risk management in the region. 
 
Magdy Moussa, CEO of Alexandria Business Association in Egypt and a member of RIM Steering Committee, welcomed RIM and all 24 training participants in Egypt. 
 
After this highly participatory three-day course, facilitated by Adil Sadoq, an expert in microfinance and risk management, the participants left with practical knowledge and tools to apply the RIM Risk Management Graduation Model in their own institutions in Arabic, in addition to receiving complimentary membership for the Professional Risk Managers’ International Association (PRMIA) library of resources for professional risk management. To speak with anyone who has been trained by RIM, visit the directory of RIM trained consultants.

               
 
 

Recent News

Intelligent Risk Highlight - April Edition - De-biasing Financial Models

A body of literature and social media has emerged in recent years, calling attention to the possibility that some models used by financial institutions to analyze risks and make important decisions may contain unintended biases.

Intelligent Risk Highlight - April Edition - Climate Risk Its Implications for Financial Institution

The defining issue and top global emerging risk of 2020 is climate risk, which has been gaining a sense of urgency with major implications for financial institutions.

Intelligent Risk Highlight - April Edition - Cyberwarfare: an Emerging Global Risk Impacting Our

In the context of global risks faced by countries, the risk of materialization of large-scale cyberwarfare has become increasingly prominent in recent years. Broadly speaking, cyberwarfare refers to deliberate cyber-attacks like spreading of computer


Questions?

Contact Us


Looking to further your career?

Become a Member

Sign Up for Mailing List