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CU System
WOCCU Manager Certification Program meets in Guatemala
GUATEMALA CITY, Guatemala (8/20/08)--More than 69 participants from seven countries in Central America and South America gathered for the World Council of Credit Unions’ (WOCCU) Manager Certification Program.
Mark Cifuentes, World Council of Credit Unions technical services senior vice president, leads a second-year class at the Latin American Manager Certification program in Guatemala.
Luis Jara (standing), World Council of Credit Unions Mexico SAGARPA project director, asks Latin American Manager Certification Program students a question. (Photos provided by the World Council of Credit Unions)
The two-year program focuses on training current and aspiring credit union managers in the global credit union movement. Instructors taught first-year participants about historical trends, the regulatory environment, competition and appropriate product pricing to better forecast and drive the growth of their financial institutions. Second-year students showed progress after putting first-year lessons into practice, according to Mark Cifuentes, senior vice president and head of WOCCU’s global services efforts. Cifuentes facilitates and teaches the program with WOCCU staff. “It’s incredible to see the change in people when they learn about cooperative and financial principles,” Cifuentes said. “Now that they have completed their second year, they have a clearer vision for the future and are ready to turn their credit unions into model institutions.” The first-year class of 53 participants included representatives from credit unions in Bolivia, Columbia, Guatemala, Mexico and Nicaragua. The second-year class of 16 included attendees from the Dominican Republic, Nicaragua and Peru. The next program will be held Sept. 29-Oct. 3 in Nadi, Fiji.
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