Business Times

CISI launches Sri Lanka office

Sri Lanka has a young and healthy population compared many other countries which in turn translates to a better workforce that is more in tune with modern trends and skills unlike many countries that now have aging populations and a limited work force, according to a top government minister. This is the result of free health benefits and education which are now paying dividends, said Senior Minister for International Monetary Cooperation Dr. Sarath Amunugama at the opening of the Colombo centre of the Chartered Institute for Securities and Investment (CISI) in Colombo recently.

“We are now reaping the benefits of nurturing our citizens that can now be placed in well qualified positions anywhere in the world. Our education system has given a firm foundation for the youth of today to qualify themselves in any field they choose. This gives them a far wider scope of opportunities than those offered to many in other countries worldwide. Having globally recognized professional bodies offering opportunities to citizens to quality gives them more avenues for more lucrative job placements both here and abroad,” he added.

The Chartered Institute for Securities and Investment is 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. Having evolved from the London Stock Exchange, there are now more than 40,000 members in 89 countries. In the past year, 40,000 examinations were held in 49 countries, covering a range of vocational qualifications.

CISI Board Member Richard Wastcoat speaking at the opening said “we are proud of our British heritage but we are also happy with our global reach. Our centres are in 89 countries Europe, Middle East, Australasia, Asia, North America and the Caribbean. We are glad that we have been able to add Sri Lanka into our family.

The demand for qualified and knowledgeable candidates to support the Sri Lanka’s financial services is very high. Now candidates can acquire the Investment Operations Certificate (IOC) formerly known as IAQ, from among several other qualification offered by the CISI including certificate programmes in wealth management and Islamic Finance Qualification (IFQ).”

Chief Executive Officer Simon Culhane said, “we are pleased to be a part of the development in the Sri Lanka’s financial services sector with our qualifications and CPD programmes and to help the industry build a world class reputation for excellence.”

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