The organs of the Federation are as follows:
The General Assembly is the supreme body of the Federation, and composed of the Chairmen/Chief Executive Officers of the Ordinary Regional Members. The General Assembly holds the authority necessary to accomplish the aims of the Federation. It has the following specific powers:
Board of Governors
The Board of Governors (BOG) is the governing body and composed of the Secretaries General of each of the Ordinary Regional Members, with the following specific duties and powers:
WFDFI Members Chairmen
& WFDFI Chairman
Thabo P. Thamane
WFDFI Members General Secretariat
Secretary General ALIDE,
& WFDFI Secretary General
Cyril A. Okoye
Secretary General, AADFI
Helmut von Glasenapp
The management of the Federation is carried out by the General Secretariat under the direction of the Secretary General who is the chief executive officer of the WFDFI.
The General Secretariat shall perform its duties in accordance with the policies, procedures and budgets approved by the Board of Governors.
The Secretary General shall hold all such authority, powers, rights and duties as are approved by the Board of Governors.
Ricardo Palma Valderrama
The Board of Governors may, in its discretion, appoint Advisers, who have achieved distinction by their work in the field of development financing or in related fields of economic development, to provide advice on the affairs of the Federation.
The Board-Management Process
Provides a clear delineation of the roles of the Board of Governors (strategic direction and policy setting) and the General Secretariat (day-to-day operational management).
I – The Board of Governors(BOG)
The Board of Governors sets the future of the Federation. It sets the Federation’s vision, mission and operational goals.
II – The General Secretariat
The General Secretariat manages the affairs of the Federation under the direction of the Secretary General who is the chief executive officer of the WFDFI.
Duties and Responsibilities
The General Secretariat shall:
i- For “routine” matters (those approved by the BOG and actions taken in the normal course of operations of the General Secretariat) – the General Secretariat will manage and directly implement the details and then inform the BOG through the quarterly operational report.
ii- For “consent” matters (those to be implemented in the short term), the General Secretariat will prepare a draft resolution for the Board’s consent. Once approved and confirmed by the BOG, these become “routine” matters, as deemed warranted.
iii- For “strategic” matters (those with long-term impact to the Federation), the General Secretariat will make the proposal to the BOG and once approved, these also become “routine” matters, as deemed warranted.
iv- Correspondence of these matters will be done via email for practical reasons, by phone or fax, if needed. A deadline for action will also be indicated therein.
Specific Job description of the Secretariat General (aside from those mentioned above)
REGIONAL ASSOCIATIONS OF WFDFI
Ag. Secretary General – AADFI (Africa)
Abidjan, Ivory Coast
Secretary General -ADFIAP (Asia & Pacific)
Secretary General – ADFIMI (Islamic Countries)
Secretary General – ALIDE (Latin America & Caribbean)
Secretary General – ELTI (European Countries)