Corporate governance training for boards of banks and financial institutions
The CBK Prudential Guidelines set what bank and microfinance bank boards must do: composition and independence, CBK approval of directors, charters and committees, meetings and attendance, and director training reported to the CBK each year. This course takes directors and company secretaries through the guideline in force and the changes the CBK proposed in September 2026.
Choose how your directors take the course
On demand suits directors who join during the year or miss the board session. Live sessions are built around your institution.
KES 15,000per director
- Directors take it at their own pace
- Certificate states the hours
- Suits directors who missed the board session
KES 15,000per director per hour
- From 1 hour; you choose the length
- At a board meeting on Zoom or Teams
- Built around your institution
KES 15,000per director per hour, minimum 5-hour session
- At your board meeting or retreat
- Combine board courses to fill the session
- Case discussion with directors
From the 5th hour, each extra hour is half price. Live and in-person prices are calculated on a minimum of 5 directors; smaller groups are welcome and are priced as 5. For more than 75 directors or more than 16 hours we prepare a custom proposal. All prices include taxes; travel outside Nairobi is charged at cost.
What the rules require
The course is built on the corporate governance rules that apply to your institution, with editions for SACCO boards.
| Rule or standard | What it requires | Applies to |
|---|---|---|
| CBK Prudential Guidelines (CBK/PG/02) | Board composition, director approval and appointment, charters and committees, attendance, and director induction and CPD reported to the CBK (para 3.4.5). | Banks and microfinance banks |
| CMA Code of Corporate Governance Practices | Board development for directors of listed issuers (12 hours a year). | Listed companies |
| SASRA guidance (RG/01) | Governance standards for SACCO boards. | Deposit-taking SACCOs |
Recent developments and emerging issues
The course is updated as rules change. These are the developments it currently covers. Last reviewed: October 2026.
Draft revised Prudential Guidelines
Press reports describe larger boards, an independent non-executive chair and a nine-year cap on the chair's tenure. These are draft until the CBK issues the final text.
Draft Risk Management Guidelines
The board would bear ultimate responsibility for risk, approve strategy, risk appetite and significant policies including ESG and climate, and receive reports directly from the risk function.
Framework for systemically important banks
Capital surcharges of 0.5% to 2.5%, annual recovery plans, quarterly stress tests and closer CBK engagement with boards.
Banking (Penalties) Regulations 2025
Institutions face up to KES 20m or three times the gain, and officers generally up to KES 1m, including for fit-and-proper, insider-lending and governance breaches.
CBK fines rose to KES 93m
Penalties centred on single-borrower limits, insider lending and capital shortfalls.
Higher minimum core capital
Core capital rises to KES 10bn by 2029, with KES 5bn due by the end of 2026, so board capital plans are a governance priority.
What directors will cover
Each section ends with a short knowledge check. Learners who finish every section receive a certificate of completion.
Licensing and the board
The licensing and registration obligations that touch directors.
Board size, composition and independence
What the guideline requires and how boards meet it.
CBK approval and appointment of directors
Fit and proper requirements and the approval process.
Charters, committees and meetings
Board and committee charters, attendance and disclosures.
Conflicts of interest and insider lending
How boards identify, declare and manage conflicts.
Induction, CPD and the annual report to the CBK
What to record and report each year.
Board evaluation
Assessing the board, its committees and individual directors.
What is changing in 2026
The CBK's September 2026 draft package, clearly labelled as draft.
Insurer boards: IRA guidelines require directors' governance training from an IRA-recognised institution, so we offer insurer boards the AML and AI governance courses instead.
Records for your company secretary
The evidence pack supports the annual report of directors' training and shows regulators and auditors that the board has been trained.
- 1Certificates of completionOne per director who completes the course, with a unique number, the course, date and hours.
- 2Completion or attendance reportWho completed or attended, when, and in which edition.
- 3Knowledge check resultsScores from the checks at the end of each section.
- 4Course outlineThe content and the rules it addresses.
FNJ's governance team
Delivered by the governance team with the firm's internal audit and risk specialists, who review board and committee practices in financial institutions.
CPA(K) and CIA
Certified Public Accountants and Certified Internal Auditors.
Board training for a development bank
Board training covering corporate governance under the CBK Prudential Guidelines, AML/CFT oversight and AI governance.
Risk and compliance for financial institutions
Licence applications, internal audit, risk and compliance support.
Financial institutionsOften taken together
Board Annual Compliance Pack combines this course with related courses at 10% off when booked live or in person.
Board Annual Compliance Pack
AML/CFT oversight, corporate governance and AI governance for boards.
On demand KES 45,000 per director · 10% off live or in person
Price your training
Corporate governance training for bank boards is already ticked. Add other courses if you need them, then submit the form to see the payment details.
Questions about corporate governance training for bank boards
What do the CBK Prudential Guidelines require of bank boards?
The corporate governance guideline (CBK/PG/02) covers board size, composition and independence, CBK approval of directors, board charters and committees, meetings and attendance, conflicts of interest, and director induction and continuing development reported to the CBK each year.
What changes has the CBK proposed in 2026?
On 10 September 2026 the CBK published revised draft Prudential Guidelines, draft Risk Management Guidelines and a framework for systemically important banks for comment until 7 November 2026. The course covers them in a module labelled as draft, updated when the final text is issued.
Does the course count towards director training?
The certificate states the course, date and hours, so it can be recorded in your board's training records and the annual report of directors' training to the CBK. Whether it counts for a professional body's CPD depends on that body's rules.
Is there a SACCO edition?
Yes. The SACCO edition is based on SASRA's governance guidance for deposit-taking SACCOs.
Can insurer boards take this course?
IRA guidelines require directors' governance training from an IRA-recognised institution. Until FNJ has that recognition, we offer insurer boards the AML/CFT and AI governance courses instead.
Prepare your board for the CBK's 2026 changes
Tell us when your board meets and how many directors will attend. We reply within one working day.