CONTIGENCY AND RECOVERY PLAN FOR BANKS AND FINANCIAL INSTITUTIONS

Class Description

OBJECTIVE:

This course is designed to equip participants with the knowledge and practical skills necessary to develop, implement, and manage effective contingency and recovery strategies within banks and financial institutions. The course focuses on preparing participants to respond to unexpected disruptions such as cyberattacks, system failures, natural disasters, or regulatory changes by ensuring that essential business operations can continue or be swiftly restored.

TARGET GROUP
This course is specifically designed for Senior and Middle-level officers in banking institutions responsible for developing and implementing contingency and recovery plans, including risk management professionals, compliance officers, operational managers, and IT personnel focused on cybersecurity and business continuity.

COURSE CONTENTS
i. Crisis preparedness and Management:
ii. Lessons from the recent crisis
iii. Introduction to Contingency and Recovery Planning,
iv. Structure of the Recovery Planning,
v. Governance Structure and Oversight,
vi. Critical Functions and Services,
vii. Stress Testing: Linking contingency and Recovery Plans
viii. Scenario Analysis,
ix. Recovery Indicators and Options,
x. Assessing Interconnectedness
xi. Communication Strategy, and
xii. Cross-Border Corporation and Coordination.

FEES:
The fee for each participant is TZS 1.0 million or USD 1000 for non-residents, covering tuition, course materials, lunch, and mid-session refreshments. Participants will be responsible for their travel costs and upkeep. Please make the payment of your fees using the following channel:

1. Local Participants from Commercial Banks
   Bank Transfer through TISS Transferee Bank: Bank of Tanzania
   Account Number: 9944713006
   Account Name: Course Fees
   SWIFT CODE: TANZTZTXXXX

2. Local Participants from Government Agencies
   Transferee Bank: Bank of Tanzania
   Account Number: 9924191003
   Account Name: Bank draft Issued
   SWIFT CODE: TANZTZTXXXX
3. Foreign Participant Account Details
   Bank Name: Citibank
   Bank Swift Code: CITIUS33
   Account Holder: Bank of Tanzania
   Account Number: 36113007

MODE OF APPLICATION
Send a letter, e-mail, or phone the Academy through any of the mentioned contacts below. The course will accommodate 25 participants, and the first come, first served principle will apply. Applications should reach us at least two (2) working days before the commencement of the course.
All applications should be addressed to:
The Principal,
Bank of Tanzania Academy,
P.O. Box 131, Capri-Point,
MWANZA
+255 (0) 28 2 500 982/709/983 +255 (0) 28 2 503 380
Email: academy@bot.go.tz