1. A Culture of Evaluation – A Key to Effective Governance & Management of DFIs? UN DESA Seminar on Re-thinking the Role of National Development Banks, New York, 1-2 December 2005 Presentation by Admassu Tadesse, Head of Corporate Strategy and Planning, Development Bank of Southern Africa

2. Outline of Discussion 1.Evaluation and Governance 2.Corporate Governance in Context 3.Case of the DBSA: Insights & Observations –Board effectiveness –Risk Management and Strategic Control –Ethics 4.Conclusion

3. The Development Bank of Southern Africa - The Case of a Dynamic BSC. By Admassu Tadesse, Manager, Corporate Strategy 3 DBSA STRATEGIC CONTROL FRAMEWORK (1) BSC Ethics, Values Guiding Principles Portfolio Design, Performance Targets & Measures Corporate Venturing & Innovation Risk Mgmt & Internal Control Policies Inspiring & Renewing Commitment & Behaviour BELIEFS SYSTEM Limits & Constraints BOUNDARY SYSTEM INTERACTIVE SYSTEM DIAGNOSTIC SYSTEM In Search of New/Enhanced Effectiveness & Efficiency Focusing Action & Driving Delivery STRATEGIC CONTROL VISION

4. DBSA Strategic Management Framework (2) VISION Mission & Values Strategic Thrusts, Objectives Business & Individual Planning Communicating & Linking Adaptive Delivery & Experimentation ``` Balanced Scorecard MANDATE Feedback & Learning Strategic Programming Strategic Intent Institutional Design & Business Modeling