Insurance Institute of India (III) and FPSB India sign an MoU

 

FPSB India and Insurance Institute of India (III) to Advance

Financial Planning Education in India; Fellows of III to directly

qualify for CFP® Certification via Fast Track Pathway

- FPSB India-III MoU to benefit III-member Fellows with career advancement in financial

planning through Fast Track Pathwa

- Both organisations to jointly organise events, Management Development Programs (MDPs)

and Executive Development Programs (EDPs

- Both to also work together on research projects, surveys, and questionnaires to generate

valuable insights for advancement of the insurance and financial planning community.

Mumbai, India, May 30 th , 2024– The Insurance Institute of India (III), the federation of Insurance

Institutes formed for the purpose of building academic and professional capacity for the insurance

industry and FPSB India (Financial Planning Standards Board) entered a strategic collaboration and

signed a Memorandum of Understanding (MoU) aimed at enhancing professional development

within the insurance and financial planning sectors.

This strategic partnership will see FPSB India and Insurance Institute of India working together on

several key initiatives, including a Fast Track Pathway for the III Fellows aspiring for CFP

certifications. Recognizing the expertise of Fellow members of III, this collaboration will provide

them with exclusive entry to the Certified Financial Planner (CFP) through the Fast Track Pathway,

enabling them to leverage their existing knowledge and skills for advanced certification.

Speaking at the MoU signing Krishan Mishra, CEO, FPSB India, "Our partnership with the Insurance

Institute of India marks a significant milestone in our efforts to elevate the standards of financial

planning and insurance education in India. Together, we will create pathways for professionals to

achieve new heights in their careers and better serve the needs of their clients."

Shri S. N. Satpathy, Secretary General of the Insurance Institute of India, expressed his enthusiasm

for the partnership, stating, "We are delighted to join hands with FPSB India. We are confident that

the collaboration will bring significant benefits to our Fellow members and the industry at large. By

combining our strengths, we can provide unparalleled opportunities for professional growth and

development in the financial planning ecosystem of the country."

FPSB India and III pledged to organize joint events, Management Development Programs (MDPs),

and Executive Development Programs (EDPs). These initiatives aim to provide high-quality training

and development opportunities for professionals in both sectors.

The two organizations will collaborate to co-create and launch joint certification courses on topics

of mutual interest. These courses will address the evolving needs of the industry and equip

professionals with the latest skills and knowledge. FPSB India and III will also work together on

research projects, surveys, and questionnaires to generate valuable insights and contribute to the

advancement of the insurance and financial planning community.

The MoU between FPSB India and Insurance Institute of India signifies a commitment to excellence

and innovation in the fields of insurance and financial planning. Both organizations look forward to a

fruitful partnership that will drive the industry forward and benefit professionals and consumers

alike.

MOU with Insurance Institute of India was signed at III Mumbai campus in the presence of Mr. S. N.

Satpathy, Secretary General, III; Mr. P. Jaipuria, Director, III; Dr. Ramesh Satuluri, Assistant Professor

(Research), III among other faculties and III officials.

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 2,731 CFP

professionals in India and part of a global network of organizations representing more than 223,770

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 outside the United States.

FPSB Ltd. licenses these marks to FPSB Institute India Pvt. Ltd to administer CFP certification in India.

For more information, visit india.fpsb.org