Managerial and Financial Training Center (MFTC) which is headquartered in Jeddah, Saudi Arabia has been appointed as an Accredited Training Provider by The Chartered Institute of Securities & Investments (CISI), the largest and most widely respected professional body for those who work in the securities and investment industry in the UK and in a growing number of major financial centres round the world.
Evolved from the London Stock Exchange, CISI now have more than 40,000 members in 89 countries. In the past year, CISI set almost 40,000 examinations in more than 75 countries, covering a range of vocational qualifications.
Under the appointment as SII Accredited Training Provider, MFTC will administer SII training programmes and courses such as the International Investment Administration Qualification (IAQ) ™, Islamic Finance Qualification (IFQ) and the International Introduction to Investment Award. International Introduction to Investment, aimed at new sector entrants, with a particular focus on international markets The appointment comes on the heels of the launch of CISI‘s Investment Award Qualification which will be held in May 2011.
“With the strong demand for skilled staff in the Kingdom’” booming financial sector, the partnership with CISI is most timely. MFTC is well recognized as an excellent centre for international training and with CISI now as our accreditation body we can better reach out to financial professionals not just from Kingdom but the region as well. Besides acquiring a high level of knowledge and competence, we also hope that CISI qualifications will give individuals the portable expertise that will open doors for them should they need or want to work in another country.”
“We’re delighted to attain CISI accreditation. MFTC has a long history and solid track record of providing professional and financial training. We share CISI’s mission of promoting the highest standards of professional excellence and integrity in the banking and finance industry, and we look forward to working together to provide qualifications that will bring such standards to the financial community.” said Ms. Hanan Al-Attas, CEO of MFTC.
Kevin Moore, Managing Director of the CISI said, “We are delighted to be working with MFTC on these very important projects which will help establish international benchmark professional qualifications in the Kingdom of Saudi Arabia and promote high standards of ethics and integrity in the financial services industry.” MFTC and CISI working together provide an exciting example of how the UK’s Financial Services Sector expertise in training and competence is being transferred to benefit the important emerging financial markets of the Gulf.”
We have a profound belief that this visionary partnership will add to the Kingdom’s securities and investment industry. The offspring of such collaboratory work will not be confined only to the Code of Conduct and enhancing the qualifications of securities professionals, but will also raise the bar for best practices. This will add value to the Kingdom’s investment infrastructure.” said Ms. Hanan Al-Attas.