There is need to rethink some of our processes – Mr. Lukhele
CLOSING REMARKS BY MR ZAKHELE LUKHELE, EXECUTIVE MANAGER: CORPORATE SERVICES AT SWAZILAND DEVELOPMENT AND SAVINGS BANK (SWAZI BANK), 7TH DECEMBER 2012
SADC-DFRC TRAINING: INVESTMENT APPRAISAL AND RISK ANALYSIS
- Representative of the SADC-DFRC
- Course facilitator
- All delegates
On behalf of the three DFI’s in Swaziland; SwaziBank, Fincorp and SIDC, I would like to thank you all for being part of this training. I would also like to thank the SADC-DFRC for having again chosen Swaziland as a venue for another important course. It is not long ago, earlier this year – February to be precise – that we had another important program on Managing Problem Loans on these very same facilities. I do hope that you have all had a fruitful learning time together.
I would like to thank your institutions which have sent you to attend this training. I believe there are delegates from 5 different countries, representing various DFI’s in each country. It is a reflection of good organisation on the part of the SADC-DFRC to organise such a successful and well attended course so late in the year. Most of us were already thinking of slowing down and winding down the year. I believe it is also the importance of the topic that has been a pulling power such that this course is so well attended.
We know that the world over is faced with one of the most prolonged periods of economic downturn in history. We are yet to see positive and sustained signs of recovery. This course therefore could not have come at a better time. We need to be more efficient in everything we do, and rethink some of our processes.
As financial institutions we are a vehicle for the allocation of financial resources for investment purposes. Our lending policies influence areas of investment and growth. Good decision making makes an efficient allocation of investment. The economic conditions have also put us at a greater level of risk than ever before. We therefore need proper tools and research to assist us make good decisions. I hope this course has given you the tools to assist your institutions to allocate resources efficiently while minimizing risk.
Your institutions have invested a lot in bringing you to this course. The resources spent must be reflected in your performance when you return to your respective places of employment. You can now critically review your processes, influence changes, or if you are already doing things right, this course will have helped you to understand why things are done that way. Sometimes though even if your impact may not be immediate do not be frustrated because you have picked up something that will still put you in good stead in your careers.
Ladies and gentlemen, may I wish all those who will be travelling out of the country a safe passage to your respective places and hope you have all enjoyed your stay in Swaziland. I hope you have also taken the time to move around and have reflections of this country beyond this venue.
To all the delegates – your institutions have invested a lot in time and financial resources to have you attend this course. So put you knowledge to good use.
Thank you!
