The Annual General Meeting (AGM) of members is the highest authority in AMFIU, which once every year. All the powers of the association are vested in the general assembly, which elects the board president and all the other members of the board of directors. The general assembly is composed of representatives of all paid-up members. The board of directors comprises of seven members directly elected by the General Assembly. The Board of Directors is entrusted with directing the affairs of the Association on behalf of the general membership. The structure of the Board of Directors include the President, Vice President, National Secretary, National Treasurer, and three other board members who provide policy guidance to the secretariat. The Executive Director is an ex-officio member of the board. Only Senior Managers of paid –up member institutions are eligible for election to the Board of Directors. The current board came into office during June 2017 Annual General Meeting. The members of the Board of Directors serve for term of two years – renewable (through re-election) once. The Board of Directors meets quarterly or whenever the activities of Association may so require.
Cups Of Coffee
I must have the illusion of varying muscular sensations inside my palm and fingers corresponding to the various projections of this figure, before I shall take it for granted as real, and let it affect me lastingly.
The Secretariat is headed by the Executive Director and the Secretariat is responsible for the day-to-day administration and implementation of policies and activities.
AMFIU developed a new strategic plan for 2017 – 2021 and subsequently the organizational structure was reviewed to address the needs of the strategic plan.
Three distinct departments were formed each headed by a Programme Manager.
Membership and Financial Inclusion Department: Focuses on improving the professional development of members as well as the operating environment. It will ensure that members maintain professional practices through capacity building, performance monitoring, enforcing compliance to the code of conduct and promoting, including building capacity in financial inclusion initiatives like financial literacy, client protection, increasing access to finance for the minority groups, social performance management and digital financing. It also coordinates activities in the Northern Uganda office.
Research, Advocacy, Information and marketing: as a national network of all professional microfinance institutions and their partners, AMFIU set itself to be a centre of information on the sector. This is no mean task given the dynamic nature of microfinance practices across the world. The department will focus on generating and disseminating information that is relevant for all stakeholders to contribute to the healthy growth of the industry. It will also focus on issues of industry research and policy, communication, Performance monitoring, sector coordination, publishing and dissemination of relevant information for the sector, dissemination of innovations and marketing the AMFIU brand.
Finance and Administration: This department is very critical for the implementation of AMFIU’s programmes. It will be charged with resource mobilization and proper utilization of the same according to budget and timeframe. It is also charged with ensuring proper running/functionality of AMFIU regarding statutory obligations, managing assets including the human resources and liabilities, budgeting and proper financial reporting.