Cooperative Financial Institutions - Center of Excellence

Calendar » Financial Cooperatives in times of COVID 19 - Webinar - July 8, 2020, 10 AM EST


Financial Cooperatives in times of COVID 19 - Webinar - July 8, 2020, 10 AM EST

Created by Baloko Makala
July 8, 2020 | 10:00 AM | Webinar


Cooperative Financial Institutions (CFIs) in times of Covid 19:  how have they fared? what is the road ahead? 

Click here to add this event to your calendar and  join the webinar session at 10:00 am EST

About the webinar

Cooperative Financial Institutions, CFIs, face very specific challenges in addressing the impact of COVID-19 which stem from their cooperative nature as well as from their ability to access public resources to cope with the consequences of the pandemic. A panel of distinguished practitioners will discuss these aspects, looking at how CFIs have fared in comparison to other financial entities and at the challenges they will have to address in the years to come to adapt and expand their services. 


Dr. Bhima Subrahmanyam has been associated since 1982 with the National Federation of State Cooperative Banks (NAFSCOB), an apex level organization of short-term cooperative credit and banking structure in India.  Since 1990 he has served it as its Chief Executive Officer/Managing Director. Mr. Bhima is a prolific writer building on his over 45 years of experience in the areas of Rural communication, Rural Development, Agricultural Credit, Cooperatives, and Banking. In December 2019 he was elected President of the International Cooperative Banking Association (ICBA), in Kigali, Rwanda.  

Mr. John Mwaka currently serves as the Chief Executive Officer at the Sacco Societies Regulatory Authority (SASRA). SASRA licenses and supervises financial cooperatives in Kenya and is one of five financial regulatory bodies within the Kenyan financial system. Mr. Mwaka is a management and leadership professional with extensive experience in policy and financial analysis as well as financial cooperatives development matters spanning over 25 years. He is a member of the board of the International Credit Regulators Network (ICURN) representing Africa. He has worked previously as a Research and Policy Analyst and is a Member of Alliance for Financial Inclusion (AFI) SME Finance Working Group.

Mr. Luis José Arredondo Heredia is General Director of Savings and Loan Cooperatives at Mexico’s National Banking and Securities Commission (CNBV). He is an accountant and with a Master's Degree in Finance. Prior to his current engagement he has worked in the private sector for more than 12 years focusing on audit, credit and microfinance.

Mr. Berhane Kidanu is the leader of the RuSACCO capacity building team at Ethiopia’s Agricultural Transformation Agency, which is in charge of fostering rural and agricultural development, with a strong focus on rural and agricultural cooperatives. Mr. Kidanu has worked in the financial cooperatives sector for the last 16 years. Prior to joining Ethiopia’s Agricultural Transformation Agency, he served as a national program coordinator for the cooperative sub-sector in the context of the Rural Financial Intermediation Program.


Chair and Introductory Remarks


Mr. Alfonso Garcia Mora is Global Director at the Finance, Competitiveness and Innovation Global Practice of the World Bank. Prior to that he was a Practice Manager for the Latin America and Caribbean Region (LCR). He joined the Bank in 2013 as Lead Financial Sector Specialist in the Finance and Private Sector Development Vice Presidency. Prior to joining the Bank, Mr. Garcia Mora had a successful 12 year career in the private sector at the Analistas Financieros Internacionales consulting group, including as Partner Managing Director during 2007-12. Mr. Garcia Mora also lectured and published widely on financial sector issues.

Ms. Marianne Schoemaker is Managing Director at Rabo Partnerships, Netherlands. Ms. Schoemaker is an experienced banker with a strong focus on connecting and growing people, teams and businesses. In 2017 she was appointed Managing Director at Rabo Partnerships B.V. a legal entity within Rabobank Group focused on partnerships with a mission to further financial inclusion and outreach to rural environments in emerging countries. The activities comprise investments in financial institutions and advisory services to financial institutions and agri value chains in emerging countries. 

Marianne started her carrier with Rabobank in 1993 within the Food & Agribusiness Research Department and held various positions in front office, risk, HR and research. She worked as a product professional in Equity Capital Markets, Corporate Banking, Leveraged Finance, Global Learning and Talent Development. She led teams in Credit Risk Management, HR Talent Development and was Regional Head Agribusiness Research for Africa and Europe from 2014 to April 2017.Marianne graduated as an agricultural economist at Wageningen University & Research with a focus on Management, Consumer Research & Marketing and Development Economics. 



  • Category - Safety Net
  • The road ahead for CFI after Covid-19 disruption is towards continuation of remote connectivity. The pandemic on implementing social distance has recruited the world using digital connectivity. We need continue to navigate while using potential of emerging technologies like 5G, Artificial Intelligence and IoT.
  • CFI  to  Public resources  connectivity  contuation. Joining 4 key economic stakeholders. Government, Business, Industry and Society.


    CFI-------------5G--------Public resources

    >CFI--Government---5G--Public resources



    >CFI----Society---5G---Public resources