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Governance PDF Print E-mail

Steering Committee: A Steering Committee of eight members, representing the major geographic regions of the world, manages the activities of the MicroFinance Network. The Steering Committee sets broad policy guidelines, invites new members, approves the budget and represents MFN in the industry.

Fiscal Agent: Since the MFN is an informal association, and not a registered organization, the Network appoints one of its members to assume the role of Institutional Sponsor. In this capacity, ACCION International serves as the MFN's fiscal agent and is responsible for the safekeeping and proper use of resources.

Institutional Sponsor: MFN appoints one of its members to house its personnel.  Currently, Compartamos serves as the MFN's Institutional Sponsor.

Staff: The MFN employs a Director, and when necessary other staff, who operate from an office in Mexico City. The Director is responsible to manage the day-to-day activities of the MFN and reports to the Steering Committee.

Steering Committee Members

Chair, Representative of Americas Region
Kurt Koenigsfest
General Manager, BancoSol 

Representative of Asia/Pacific Region
Mahabub Hossain
Executive Director, BRAC

Representative of Sub-Saharan Africa Region
Rashid Malima
Managing Director, Pride Tanzania

Representative of Europe/CIS Region
Kenan Crnkic
Executive Director, Prizma

Representative of Middle East and North Africa Region
Motaz El Tabaa
Executive Director, Alexandria Business Association

Representative (Open Seat)
Robert Annibale
Global Director, Citi Microfinance

Representative of Fiscal Agent
Elizabeth Rhyne
Managing Director, Center for Financial Inclusion at ACCION International

Representative of the Network's Institutional Sponsor
Carlos Labarthe
Executive President & CEO, Compartamos Banco