January 13-24, 2020 in Pretoria, South Africa



Quality Assurance & Recognition

The training materials have been produced by international institutions  The training format will include interactive presentations, group exercises and case studies using data from cooperative banks and SACCOs in Africa. Together these components will aim to make the training highly relevant and practical for the current challenges facing financial cooperative supervisors in the African region. Upon successful completion of all three training sessions each participate will receive an ICURN certificate of completion.

Registration and Location

The cost to attend both weeks is US$1,895 which is inclusive of 10 full days of training, hard and electronic copies of training materials, certification of completion, lunches and morning/afternoon tea breaks. 

Content: BASIC COURSE (5 days)
International Financial System & Regional Context
CU History and Development
Financial Institution Accounting
Financial Analysis
Principles and Methods of Bank, MFI & CU Risk-Based Supervision

​Financial Stability, Integrity, Protection and Inclusion Trade-offs
Market Conduct Supervision
Financial Consumer Protection
Assessing Risks of New Channels (agents, mobile money)
Regional Policy Issues

The International Credit Union Regulators' Network (ICURN) is an independent and not-for-profit association of financial cooperative supervisors from around the world.  It provides supervisor training and is governed by a board of director comprised of its member supervisors.  Its Secretariat office is based in the USA.



Cybersecurity & Vendor Oversight
Wholesale CUs
Coop Conglomerates
Risk Weighted Capital
Asset & Liability Management
Stress Testing
Enforcement Actions & Problem Resolution

ICURN and the South African Reserve Bank have joined forces to offer a basic/intermediate training for credit union supervisors. This intensive, case-study based training has been specifically developed by ICURN for the needs of African supervisors.  At the end of the two-week session a written examination will be administered to help reinforce the training materials. 

Dave Grace is the Executive Director of ICURN, and consultant to the World Bank, Asian Development Bank and the International Monetary Fund. A former central banker, as well as a senior vice president in charge of policy/advocacy with the World Council of Credit Unions, Mr. Grace excels at helping governments, donors and financial institutions develop policy frameworks. He holds an M.A. in International Affairs and Finance from Washington University in St. Louis and graduated honors from St. Louis University with a B.S. in Economics and International Business. Mr. Grace has worked in over 70 countries and has trained central bank supervisors in dozens of countries including East Africa.    

Rose Njeri is a certified  trainer of the Smart Campaign, a global effort to unite microfinance leaders. Ms. Njeri has an MBA from the University of Eastern Africa Baraton and a Bachelor of Education (Economics/Business) from Kenyatta University. Ms. Njeri has 14 years of experience in managing microfinance businesses and 16 years in consulting with NGOs, donor institutions, microfinance institutions, and SACCOs on the design, implementation and management credit programs including housing; market research and product development. 

Training for Credit Union Supervisors