The global financial system's stability hinges on the strength and foresight of its central banks. Effective governance and a proactive approach to organizational resilience are no longer optional but are critical pillars for navigating an unpredictable world. This advanced training course, "Resilience Masters," is meticulously crafted to empower central bank leaders with the strategic tools and a forward-thinking mindset required to build and maintain robust, adaptable institutions. The program delves into the sophisticated interplay between governance structures, risk management, and crisis leadership, ensuring that central banks can fulfill their mandates even in the face of unprecedented economic, technological, and geopolitical challenges.

In today's fast-paced environment, central bank leaders must be prepared for everything from cyberattacks and climate-related financial shocks to rapid technological disruption. This intensive 5-day course provides a deep dive into the best practices for fostering an organizational culture that anticipates and responds effectively to these threats. By exploring real-world case studies and engaging in peer-to-peer learning, participants will gain actionable insights to strengthen their institution's governance frameworks, enhance operational resilience, and secure their role as trusted stewards of economic stability. "Resilience Masters" is the definitive program for central bank executives committed to excellence and strategic readiness.

Duration: 5 days

Target Audience:

• Central bank governors and deputy governors
• Members of the central bank's board of directors or executive committee
• Department heads and senior management
• Chief risk officers and heads of governance
• Senior economists and policy advisors
• Heads of IT and cybersecurity
• Legal and compliance directors
• Human resources directors
• External affairs and communications directors
• Leaders from financial regulatory bodies and international organizations

Objectives:

• Master the principles of effective central bank governance
• Develop a strategic framework for organizational resilience
• Lead and manage institutions through periods of crisis
• Integrate enterprise risk management into strategic decision-making
• Understand the role of culture in building a resilient organization
• Enhance accountability and transparency mechanisms
• Govern technological change and mitigate cybersecurity risks
• Foster robust succession planning and talent development
• Benchmark institutional practices against global standards and best practices

Course Modules: Module 1: The Foundations of Central Bank Governance

• Constitutional and statutory basis for central bank governance
• Roles and responsibilities of the board and management
• Principles of central bank independence and accountability
• International best practices in governance and oversight
• The relationship between governance and institutional credibility

Module 2: Strategic Leadership and Planning

• Formulating and communicating a central bank's vision and mission
• Strategic planning in a dynamic and uncertain environment
• Effective decision-making processes for leaders
• Aligning organizational structure with strategic objectives
• The role of scenario planning in long-term strategy

Module 3: Enterprise Risk Management (ERM)

• Designing an integrated ERM framework for central banks
• Identifying, assessing, and mitigating institutional risks
• Managing financial, operational, and reputational risks
• The role of the board in risk oversight
• Embedding a risk-aware culture throughout the organization

Module 4: Crisis Management and Leadership

• The psychology of leadership in a crisis
• Developing a comprehensive crisis management plan
• Effective communication strategies during periods of instability
• Leading cross-functional teams in a high-pressure environment
• Post-crisis recovery and learning from past events

Module 5: Operational Resilience and Business Continuity

• Establishing a framework for operational resilience
• Business continuity planning and disaster recovery
• Ensuring resilience of critical financial market infrastructures
• Managing third-party and supply chain risks
• Testing and validating resilience capabilities

Module 6: Accountability and Transparency

• The role of legal and internal audit in ensuring accountability
• Reporting to government, legislature, and the public
• Enhancing transparency in policy decisions and operations
• Mechanisms for performance evaluation and feedback
• Managing external stakeholder expectations and trust

Module 7: Human Capital and Culture

• The role of leadership in shaping organizational culture
• Talent management, succession planning, and professional development
• Promoting diversity, equity, and inclusion
• The ethical framework and code of conduct for employees
• Fostering a culture of learning and continuous improvement

Module 8: Technology Governance and Cybersecurity

• Governing the adoption of new technologies (FinTech, AI)
• Developing a robust cybersecurity strategy
• Legal and ethical considerations in technology use
• Protecting data and information assets
• The board's role in cybersecurity oversight

Module 9: Global Perspectives and Benchmarking

• Analyzing case studies of central banks in crisis
• Comparing governance and resilience models from around the world
• The role of international bodies (IMF, BIS) in promoting resilience
• Lessons learned from global financial crises
• Applying international best practices to local contexts

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.