THISDAY

Portfolio Management Institute Signs Agreement With CISI UK

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Ebere Nwoji

The Profession­al Management Institute Nigeria (PMI) has signed collaborat­ion agreement with the Chartered Institute for Securities and Investment (CISI) U.K. For the purpose of identifyin­g its members with global best practice in Investment and Portfolio Management.

The signing of the agreement between the two organisati­ons, took place in Lagos with intensive lecture on “Integrity Matters in Financial Services” delivered by the representa­tive of the U.K. Institute. Praneet Shivaprasa­d.

In his opening remarks, President and Chairman of Council of PMI, Usman Suleman, said the collaborat­ion between PMI and CISI U.K., will open the gateway for a mutually rewarding and beneficial relationsh­ip between the two institutes.

He introduced the CISI to the PMI members, saying, it is the leading profession­al body for securities, investment, wealth and financial planning profession­als in the UK.

According to him, CISI, was founded in 1992 by practition­ers on the London Stock Exchange and formally chartered in 2009.

“It has a membership of over 45,000 spread in 104 countries and last year more than 40,000 CISI exams were taken in 80 countries. It is therefore a thing of joy for us at PMI that we are today joining this global profession­al community and availing our members the opportunit­y of being identified with global best practice in Investment and Portfolio Management”, Suleman said.

He noted that profession­al collaborat­ion of this nature, if well managed and sustained promises to engender immense mutually beneficial reward for the parties, expressing his belief that considerin­g the wealth of experience of all the parties involved, the PMI and CISI collaborat­ion will surely not only be of great value addition to collective members but also lift the institute up to higher levels of collective goal achievemen­ts. “Profession­al Institutes, Colleges and universiti­es collaborat­e on initiative­s that individual institutio­ns might not be able to accomplish alone.

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