Following up with the success of the first customized program involving 25 directors of banks and financial institutions affiliated with the Bankers and Financial Institute of Nepal (BFIN), a second batch was hosted by CPSC for the executive program on Executive Leadership Development for the Digital World. The program was held on August 19-23, 2019 and involved 17 participants. In this executive development program, the participants had the opportunity to understand the financial and technology development shaping the industries in Philippines through lectures by top academics of CPSC and resource persons from varied financial institutions from the country. The program also honed the managerial skills and qualities of excellent bank professionals towards the success of bank industries of Nepal.

Apart from the leadership development of bank executives, the program targets to provide insights on major transformations, trends, best practices, policies and challenges in the financial sector in the country through face to face discussions supplemented by institutional visits.

It is set to contribute to the financial institutions of Nepal by assisting in the human resources development through provision of insights sharing and benchmarking with financial institutions in the Philippines in the light of the collaboration between CPSC and BFIN.

The program was supervised by Dr. Ramhari Lamichhane, CPSC Director General and coordinated by Engr. Sanyog Bhattarai, CPSC Faculty Specialist. Academic resources were provided by Engr. Abdul Ghani Rajput, CPSC Faculty Specialist and staff from the Central Bank of the Philippines namely: Ms. Myra F. Flores-Dagdagan (Manager of Financial Supervision Sector, BSP), Ms. Leah M. Irao, Ms. Ma. Corazon B. Bilgera-Corero; Ms. Rhodora M. Brazil-De Vera and Mr. Noel Tianela.

Topics tackled during the program include the: (1) Leadership for Global Competitiveness and Role of Top Management and Board of Directors for Smooth Operation of Banks; (2) Philippine National Retail System; (3) Risks and Governance in the Financial Sector in the Philippines; (4) Digital innovations in the Financial Sector of the Philippines; (5) Digitalization, data management, security system, risks and challenges in the financial industry; (6) emerging risks, regulations and remedial strategies of anti-money laundering in the financial sector in the Philippines and (7) BASEL III core principles, minimum capital requirements and market discipline. They also visited the Bankers Association of the Philippines for further exposure to the banking industry in the country.

The program also included study visits to some of the country’s interesting tourist attractions including the Rizal Park, Canyon Cove Resort in Nasugbu, Batangas and Palaisdaan Restaurant in Calauan, Laguna.

The participants at Rizal Park, one of Manila’s major monuments.

Visiting the Central Bank of the Philippines

During the classroom sessions

During the visit to the Bankers Association of the Philippines

Visiting Canyon Cove in Nasugbu, Batangas