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FPSB India-IIBF MoU to bring significant benefits to aspiring
financial planning professionals in India from the Banking, Financial sector.
- Both organizations to promote education, professionalism, and ethical standards in the financial planning ecosystem in India
Mumbai, December 28th– The Indian
Institute of Banking and Finance (IIBF), the professional body for
the banking and finance sector in India, has entered a strategic Memorandum of
Understanding (MoU) with FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd., the
global standards-setting body for the financial planning profession and owner
of the international CERTIFIED FINANCIAL PLANNER® certification program, to enhance the educational and professional opportunities for
aspiring financial planners in India and give impetus to professional financial
planning advisory in India.
Under this significant partnership, candidates who have successfully acquired
the CAIIB qualification from IIBF
will be exempted from passing the first three modules of CFP Certification
and become eligible to enrol in FPSB India’s Integrated Financial Planning
module through the Challenge Pathway. To qualify for this pathway,
candidates must also have a valid three-year experience in banking and
financial services. FPSB India offers
the globally recognized CFP® certification, which represents excellence in
financial planning through rigorous competency and ethical standards. It is
home to over 2,500 CFP professionals in India and part of a global network of
organizations representing more than 213,000 CFP professionals worldwide.
Mr Krishan Mishra, CEO, FPSB India, expressed
his enthusiasm about the collaboration, saying, "This MoU is a pivotal
moment in the financial services sector of India. It brings together two
esteemed institutions, FPSB India and IIBF, with the common goal of promoting
professionalism and excellence in financial planning. The exemption for CAIIB
candidates is a testament to our commitment to recognizing and facilitating the
career growth of skilled individuals."
In addition to the exemption provision, FPSB India will extend special
discount on the total course fees, examination fees, and other applicable fees
to eligible CAIIB candidates who apply for the Certified Financial Planner
(CFP) certification under the Challenge pathway.
Mr Biswa Ketan Das, CEO, IIBF, shared his
perspective on the partnership, saying, "IIBF is proud to collaborate
with FPSB India to offer a seamless pathway for CAIIB qualified professionals
to embark on a rewarding journey in financial planning. This strategic
partnership reflects our commitment to fostering excellence in banking and
finance education."
Furthermore, FPSB India and IIBF are set to enhance their
collaboration by organizing joint seminars, webinars, and conferences on
various subjects related to Financial Planning and other relevant topics.
The FPSB India-IIBF MoU is poised to bring significant benefits to the
financial services industry and aspiring financial professionals in India. It
aligns with the mission of both organizations to promote education,
professionalism, and ethical standards in the financial planning domain.
About FPSB
India:
FPSB India is
the leading financial planning body in India and is dedicated to establishing,
upholding, and promoting professional standards in financial planning
throughout India.
FPSB India
offers the globally recognized CFP certification, which represents excellence
in financial planning through rigorous competency and ethical standards. It is
home to over 2,500 CFP professionals in India and part of a global network of
organizations representing more than 213,000 CFP professionals worldwide.
FPSB India is
the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB Ltd.),
the global standards-setting body for the financial planning profession and
owner of the international CERTIFIED FINANCIAL PLANNER certification program.
FPSB Ltd.
owns the CFP, CERTIFIED FINANCIAL PLANNER and the
About IIBF:
The Indian Institute of Banking and Finance (IIBF) is a professional
body for the banking and finance sector in India. Established in 1928, IIBF is
working with a mission to develop professionally qualified and competent
bankers and finance professionals. It offers various education and training
programs to cater to the needs of banking and finance professionals in India.
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