Technicians from Development Finance Institutions from Southern Africa are meeting from Monday until today, Friday, in Maputo, for a training session on risk management and good management practices, resource mobilization, integrated investment assessment, among others.

The training, which will be targeted at senior and mid-level managers from countries in the region, is organized by the Southern African Development Finance Institutions Resource Mobilization Centre (DFRC), of which Gapi has been a member since 2007.

"It is a great honor to witness the beginning of this training on the Risk Management Program whose objective is to train the participants in the application of a risk management agenda in the performance of their functions, developing risk management policies, procedures and methodologies for their institutions, especially with regard to credit risk," considered Adolfo Muholove, Chairman of the Executive Committee of Gapi.

The source, who was speaking at the opening of the meeting, also said that "this training will focus on the concepts, tools, and techniques of credit risk management, but will also address aspects of market and operational risk.

This training is part of the DFRC's plan of activities aimed at enhancing the technical skills of employees of affiliated financial organizations to improve their performance.

Risk management is a crucial discipline in banking management because without its knowledge the technician himself becomes the main risk of the banking business.