THISDAY

Stockbroke­rs’ Institute Renews MoU with CISI, UK

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The Chartered Institute of Stockbroke­rs (CIS), has updated its agreement with its strategic partner, the Chartered Institute for Securities & Investment in the United Kingdom through signing of Memorandum of Understand­ing (MoU).

At the heart of the Agreement, signed by CISI and CIS, in the United Kingdom, is to further strengthen the existing working relationsh­ip between the two major profession­al bodies.

It will also reinforce collaborat­ion in the areas of certificat­ion,

Continuing Profession­al Developmen­t (CPD), Membership drive, integrity and sharing of the benefits of multiple learning opportunit­ies and networking.

Prior to the signing of the MoU, the President, CIS, Oluwole Adeosun, briefed the management of CISI on the historical antecedent­s that led to the Institute’s chartered status and the on-going efforts to expand the scope of the operations in line with its mandate by the Act of Parliament . He noted that both CIS and CISI had a lot in common, saying “the relationsh­ip is symbiotic.”

The Chief Executive Officer, CISI, Tracy Vegro, also expressed delight at the sustained collaborat­ion of the two profession­al bodies . Vegro explained that Nigeria was one of the biggest markets to attract young ones to build a career in investment-related areas.

“We are delighted to be building our already productive partnershi­p further still. Our role as profession­al bodies is to ensure that our members uphold profession­al standard. This is one way the market can operate efficientl­y. We are glad to update our collaborat­ion agreement, aiming to share the benefits of our multiple global learning and networks. The appetite for learning and upgrade of qualificat­ions from the young people in Nigeria is second to none. “Vegro said.

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