Course Overview
Globally, there is an increased focus on good and effective corporate governance. Kenyan economy has
experienced impact of bad corporate governance of some of the players in the banking industry. Personal
liability of senior managers for failure of their organizations is becoming common locally and globally. This
course aims to support senior bankers to appreciate the benefits of corporate governance in respect to easier
and controlled manner, increase in profitability and maintenance of the risk profile of the financial institution.
To understand the various echelons’ structures that are necessary to implement and control the governance
of the financial institutions.
Course Objectives
The course aims to benefit the participants in the following ways;
i) To clearly understand the constituents of current best practises of corporate governance in banks.
ii) To comprehend of how corporate governance could and should be implemented in the financial institutions.
iii) To understand a wide range of contextual and emerging corporate governance issues such strategic
leadership in a multi-generation era, regular regulatory changes, and digital revolution etc.
iv) To appreciate of what has gone wrong, what could go wrong and how corporate governance can be used
to prevent the problems.
v) To generate implementable ideas of how to embed corporate governance measures and targets in the
performance appraisal process of the senior management.
Course Outline
a) Day One
• Walk through of Corporate Governance history, concepts, global views, regional views and local
requirements etc.
• Identification of the main stakeholders.
• Understanding the decision-making structure within the financial institution.
• Typical organogram of financial institutions.
b) Day Two
• Cost of capital and cost of borrowing
• Risk control tools and mechanisms.
• Corporate efficiency and effective cost reduction.
• Profits vs. Risks.
• Consequences of corporate governance successes and failures-funnel approach.
c) Day Three
• OECD corporate governance principle
• Corporate governance guidance from the Basel Committee.
• Country’s Code of Corporate Governance.
• Local legislations that support corporate governance i.e. Anti-Bribery and Corruption, Money Laundering
and Whistle Blowing, Companies laws, compliance requirements etc.
• Requirements of rating agencies and other partners.
d) Day Four
• Effective organization structure:-appointment of the Chairman, Board of Directors, CEO, Senior
Management, Nomination of Board of Directors Committees.
• Responsibilities of the Chairman, Board of Directors and Senior Management
• Remuneration of directors and senior management.
• Various Board Committees and Management Committees
• Mechanisms for implementing good and effective corporate governance in financial institutions.
e) Day Five
• Assessing typical corporate governance problems and dilemmas.
– Transparency
– Conflict of interest
– Micro-managing senior team.
– Effect of board members inefficiencies.
– Managing a dominant CEO.
– Inadequate control and risk management.
– Effect of digital revolution
– Obsession with growth and market dominance.
• Re-assessing key take homes.
Duration: 5 days
Target Audience
The course is designed for Board of Directors, company secretaries, Chief Executive Officers and senior
management team of financial institutions
