Manuel Rabines, chair of the World Council of Credit Unions board of directors, represents the Peruvian credit union movement as a delegate of Federación Nacional de Cooperativas de Ahorro y Crédito del Perú (FENACREP). Headquartered in Madison, Wis., USA, World Council is the leading international trade association and development agency for credit unions. Worldwide, 56,000 credit unions in 101 countries serve 200,000,000 people. The regional and national credit union and financial cooperative associations affiliated with World Council represent 57 countries around the globe.
When FENACREP became a direct member of World Council in 2001 at the World Credit Union Conference and annual general meeting in Killarney, Ireland, Rabines was re-elected to the World Council board of directors, having previously represented another organization on the board since 1999. He serves on the audit and risk management committee.
Rabines joined the Peruvian credit union movement in August 1962 as general
manager of the Santa Elisa Cooperative, an organization with 278,000 members.
From 1977–84, he was manager of technical assistance and general manager of
Confederación Latinoamericana de Ahorro y Crédito (COLAC) and also served on
the World Council management committee.
Since 1988, Rabines has held the position of general manager of FENACREP, with an interruption of two years from 1990-92, during which time he served as Peru’s deputy minister of labor. As a representative of the Peruvian credit union movement, he was president of COLAC until October 2000 and of the Confederated Bank of Latin America until October 1999.
In the academic arena, Rabines was a professor of financial analysis at the Private University of Lima. He has also spoken on the topic of credit union regulation and supervision in Latin America with representatives from the World Bank, the Inter-American Development Bank and national regulatory and supervisory authorities. Rabines is a certified public accountant with a master’s degree in business administration.