FICCI’s conference to focus on HR issues to scale up MFIs

Microfinance Focus, Jan. 13, 2010: Federation of Indian Chambers of Commerce and Industry (FICCI) is organizing a Conference on “Scaling the MFI Activity by Strengthening Human Resource” on Jan. 21-22, 2010, in New Delhi to address the human resources (HR) challenges faced by rapidly growing Microfinance Sector.
“The need to develop sound and viable human resource management to deal with microfinance growth is an on-going process. The microfinance institutions (MFIs) continuously need to hire the best HR talent, retain, train them, design appropriate compensation and incentive structure and succession planning for reaching out to poor people in remote areas. Another critical challenge facing the MFIs in their quest for growth is the need for transparency in their operations more so with the growing interest of Private Equity in this sector which has the resources to assist MFI scale up their businesses significantly” said a statement from the organisers.

The FICCI’s platform will facilitate the MFIs to pull out the some of the best HR practices from other industry experiences and scale up their activity and progress in capacity building of HR to increase financial literacy of clients, said the statement.
Apart from focusing on key HR Issues like Recruitment & Training; Compensation & Benefits; Organisational Structure & Succession Planning and Culture & Ethics, the conference will organise workshops to provide insights in the areas which need special focus for developing right strategy. Each workshop will have about 20 participants, thus, enabling them to gain detailed knowledge on the subject, the statement added.
The closing session will be addressed among others by Mr. Vijay Mahajan, Chairman and Managing Director, Basix, Mr. T V Mohandas Pai of Infosys, Mr. Mathew Titus, Executive Director, Sa-Dhan, Ms. Peg Ross, Director, Human Capital Center, Grameen Foundation and Mr. P N Vasudevan, Managing Director, Equitas Micro Finance India Pvt. Ltd.
Programme Details

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