The Chartered Institute for Securities and Investment (CISI) and the Nigerian Association of Investment Advisers and Portfolio Managers (IAPM) have renewed their Memorandum of Understanding (MoU) targeted at advancing professional standards in the Nigerian capital market.

The MoU was initially sealed in 2019, when both parties agreed to improve the skills and competencies of professionals in the market through trainings and certifications. 

By collaboration, Associate and Fellow Members of IAPM are automatically qualified as Associate and Full members of CISI.

Members of IAPM will also have opportunities to get global certification in Wealth and Investment Management; International Certificate in Advanced Wealth Management; and Chartered Wealth Manager among others, 

Under the agreement, IAPM's  candidates will receive 12 months Student Membership of CISI,  which include access to the full range of benefits such as over 500 videos on the CISI TV channel, over 180 Professional Refresher modules to update sector knowledge and the opportunity to attend  Continuing Professional Development  ( CPD )events.

President and Chairman of IAPM Council, Prince Abimbola Olashore had earlier said, “It is a perfect partnership of two institutions from different geographical locations and market experiences, with similar missions and focus to promote common interest in providing quality professional knowledge and qualifications of international standard to Nigeria financial market operators."

He also added that IAPM would collaborate with CISI in the areas of capacity building so that its members can obtain international certification in array of courses offered by the global body. 

Commenting on the development, the Director, Global Business Development, CISI, Kevin Moore said the renewed MoU was an opportunity for the members of AIPM and Nigerian students in general  to have access to a wide range of qualifications and enjoined them to take advantage of the opportunity.

The IAPM was formed in 1981 and has been at the forefront of efforts to instill discipline and professionalism in Nigerian investment management and financial advice.

The colorurful ceremony was witnessed by the  Country Representative (Nigeria), CISI, Dr John Osuoha ,   Vice President, IAPM,  Akinwale Adewumi and Executive Secretary, Akinduro Philips. 

The CISI is the professional body of choice for financial services practitioners with securities and investment industry and has a range of globally recognised qualifications which support indiviudals through membership from the students level to the pinnacle of their career. CISI is a not-for-profit organisation and works to ensure that products and services are up to date, relevant and meet the needs of the ever-changing financial services industry.