Development Finance Fellowship Program (DFFP) ADFIAP Career Credentialing Program Level III

RATIONALE

Development Banking, or in its broader context, development finance, is a field or profession which has not been well understood by many in its purpose and orientation, i.e., development. It is an intermediation facility to raise, lend or invest funds to projects or programs which promote economic and social development with the expectation that the returns on investment are not
only monetary but lasting development.

Development banking embraces all the facets of banking, finance and investment in projects which have lasting impact on the economic, social and cultural development of a country. As such, it encompasses project development, social reformation, government economic planning, business strategies and other disciplines which require specialized training and honing of skills. Unlike banking of a commercial nature, development banking is unique because of its important role in financing development which ordinary commercial banks will not venture into because of the long-term risks and generally, large amounts of money involved. Most banks and financial institutions shy away from development projects.

Thus, development banking needs professionals with the appropriate technical skills, mindset, and leadership qualities.

This is where the ADFIAP Career Credentialing Program (ACCP) becomes the venue for providing the answer in recognizing and accrediting the professional competence of a development banker. There are 3 levels of credentials under the ACCP, namely, Level 1: Certified Development Bank Associate; Level II: Certified Development Bank Executive; and Level III: Fellow in Development Finance.

WHAT TO EXPECT

The Development Finance Fellowship Program (DFFP) covers a range of specific topics to validate and enrich the comprehensive understanding of the role and mandate of development banks and other financial institutions’ CEOs, Board Members and Senior Officials amidst the changing global environment.

Delivered through face-to-face mode with a combination of written materials, lectures, illustrations, workshops with case studies, and peer support, participants are expected to actively engage during the sessions to enhance and validate their learning experience. Furthermore, they work on group project presentations, the output of which will be submitted and used as reference materials by ADFIAP Institute.

Following a final assessment highlighting their achievements in completing the DFFP, participants will receive an ADFIAP credential that can be attached to email signatures, media profiles, and website to demonstrate their expertise as a certified “Fellow in Development Finance” (FDF).