CISI signs Kuwait agreement in bid to ‘transform financial services’ in region
The Chartered Institute for Securities & Investment (CISI), is bringing a series of its financial services qualifications to Kuwait, to help educate and accredit a new breed of financial advisers in the region.
CISI said in a statement that it has partnered with the Gulf Financial Centre (GFC) of the Gulf University for Science and Technology (GUST) in Kuwait to embed CISI certifications into finance degrees. This provides students with access to professional qualifications, many of which were previously unavailable to them.
GFC will become one of the first academic testing centres and training providers for CISI certifications in Kuwait. By including CISI qualifications in the current education programmes, finance students can not only enhance their skills, but also improve their employability prospects following their graduation.
The same CISI qualifications are taken around the world, providing an international benchmark for knowledge and skills, and bringing this to students in Kuwait.
Sulaiman Al Abduljader, director of GFC, said: “Our collaboration with CISI is a productive step towards transforming the financial industry in Kuwait. The addition of these high calibre certifications will prove valuable to our future graduates and the local financial community.
“This will allow our students to utilise the GFC platform for live hands-on applied training in capital markets and money management.”
Enhancing the employability of those looking to work in financial services is an important aspect of CISI’s global remit, and the CISI has shown a dedication to the education sector in the Middle East, CISI said.
As reported, the organisation has also recently signed an agreement with the University of Dubai, to provide students access to internationally recognised financial qualifications.
‘Bridging the gap’
Matthew Cowan, regional director of CISI Middle East stated, “We are pleased to have partnered with GFC to bring international qualifications to financial students in Kuwait.
“Effectively bridging the gap between academia and the workplace, and helping young people realise their potential, these partnerships will play an important role in raising awareness about key issues in the financial sector and how to tackle them.”
“Our aim is to inspire and equip a new generation of young people to be able to tackle their future career head-on, having received the right education at the right time, to international standards,” he added.
With its 40,000 worldwide membership, the CISI is the professional body which sets examinations and offers qualifications for those working, or looking to establish a career in the securities, investment, wealth and financial planning professions.
Based in London, CISI has representative offices in financial centres such as Dublin, Singapore, Dubai, Manila, Mumbai and Colombo.