ADFIAP Secretariat conducts mid-year work review, gears for the rest of the year

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midyear planingThe ADFIAP Secretariat’s service and operations business units, together with invited resource persons, met on July 3, 2014 at the ADFIAP headquarters to review its accomplishments vis-à-vis its targets set during the first half of the year as well as laid out its plans for the rest of 2014.

The meeting was formally opened by ADFIAP Secretary General Octavio B. Peralta by his presentation on the current status of the work plans that were discussed and agreed to in last January’s annual planning session. He followed this with an analysis of the revenue mix intake performance of the Association from 1995 to the present to ensure that it is on the right track as far as financial resources are concerned to meet the growing and varying needs of ADFIAP member-institutions. While the ‘traditional’ revenue sources from membership dues (about 60%), training and consulting fees (25%) and grants (15%) are there, other potential revenue sources like publishing, e.g., ADVANCE magazine, sponsorship marketing and brokering fees are also being explored.

ADFIAP’s service business units – the Institute of Development Finance (IDF) and the ADFIAP Consulting – highlighted their joint and coordinated efforts in delivering new and innovative training and certificate courses based on the capacity building needs of the Association’s members using their combined expertise and working through partnerships with other institutions. For the calendar of events, please visit this link: https://www.adfiap.org/events/.

The operations business units – the Membership & Events Management, Knowledge Management and Administration & Finance – also presented their accomplishments during the period and plans for the second semester of the year. Among others, the achievements included successful organization of the 37th Annual Meetings in Moscow, Russia, the recruitment of six (6) members, the new member-centric ADFIAP website,www.adfiap.org, launch of the ADVANCE magazine, other Association publications and the financial condition of the Association. Among the plans for the second half of the year are the 10th annual CEO Forum to be held in Malaysia on November 4-6, 2014 and hosted by the Association of DFIs in Malaysia, recruitment of new members, the new e-learning portal for education and exchange (ANEX) and the development of a mobile app for ADFIAP events, among others.

The invited resource persons who shared their inputs during the meeting were Mr. Orlando P. Pena, former ADFIAP Secretary General and President of ABC Consulting, and Mr. Max Edralin, Jr., Public Relations Consultant of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) and long-time ADFIAP PR consultant as well.

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