The Impact of Governance Mechanism on the Financial Performance and Outreach of MFIs in Bangladesh

The Impact of Governance MechanisInstitute of Microfinance (InM) organized a seminar on the concept paper and progress of an on-going research study entitled “The Impact of Governance Mechanism on the Financial Performance and Outreach of MFIs in Bangladesh” on March 14, 2011 at the conference room of InM’s Agargaon office, Dhaka. Dr. Tanweer Hasan, Professor, Roosevelt University, USA and Visiting Fellow, InM, and also the Team Leader of this research study at InM, was the Keynote Speaker.

The seminar was held to analyze and discuss the major distinctive characteristics of the research study that examine the impact of governance mechanism on the performance and outreach of MFIs in Bangladesh. The study was intended to find out a standard governance mechanism and the relationship between governance mechanisms and financial performance of MFIs in Bangladesh. However, the study emphasized the structure and impact of female leadership in the governing body of MFIs since more than 90 percent clients in microfinance market of Bangladesh are women.

The seminar was chaired by Dr. Rashid Faruqee, Visiting Fellow, InM. Among others, Dr. Quazi Mesbahuddin Ahmed, Managing Director, PKSF; Mr. Md. Fazlul Kader, General Manager, PKSF; Dr. B.A.A. Mustafi, Research Director, PKSF; Professor M. A. Baqui Khalily, Visiting Fellow, InM; Dr. S. R. Osmani, Visiting Fellow, InM; Dr. Atonu Rabbani, Visiting Fellow, InM; Dr. A. Z. M. Zahidur Rahman, Chief of Disease Prevention, Social Marketing Company; Mr. Iqbal Ahammed, Executive Director, Padakhep Manabik Unnayan Kendra were present at the seminar.

The seminar became lively by the active participation of academicians, microfinance stakeholders, practitioners, policymakers and researchers from reputed institutions.