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CISI Welcomes HM Treasury Support For Asset Management Centres Of Excellence In UK Universities To Address Skills Shortages

Date 11/12/2017

The CISI (Chartered Institute for Securities & Investment) welcomes the HM Treasury plans to support asset management Centres of Excellence in UK universities across the country, in collaboration with the Investment Association.

We applaud this excellent initiative to help address the skills shortage and create a talent pipeline in the asset management profession.

Simon Culhane, Chartered FCSI and CISI CEO said: “Educating and attracting the future talent of the financial services sector sits at the core of the work that our education development team undertakes each year. We currently work with 42 schools and 23 universities, with CISI qualifications being taken by over 600 secondary school and university students.

“All our educational activities are supported by our Educational Trust, which focuses on developing transferable skills in students at schools, colleges and further education institutions within the financial services sector, as well as working with young adults at apprenticeship and university levels.

“The HM Treasury announcement is an important step in the programme to educate and attract the future talent of the financial services sector. The commitment and support from HM Treasury will continue the work the CISI has for some years delivered with major UK universities to bring students and investment practitioners together in a variety of ways, for their mutual benefit.”

Background

In the past fortnight CISI has run talks for capacity audiences of students and CISI members at Cass Business School, on ethics in finance, with a debate involving five senior City practitioners, and at Edinburgh University, with the CEO of Global Consumer Banking at Citi, on digital innovation.

Every year CISI supports the Cambridge International Symposium on Economic Crime, held annually at Jesus College Cambridge for the past 35 years, and which this year brought together some 1,600 senior practitioners from round the world with students from a variety of UK and overseas universities. They discussed a wide range of topics, including the various implications of financial and cyber crime for the investment management industry.