ICIFA, FMA collaborate to enhance the competitiveness of professionals in the sector

NAIROBI, Kenya Jan 29- The Institute of Certified Investments and Financial Analysts (ICIFA) and Fund Managers Association (FMA) have signed an MOU that will seek to enhance professional standards and the competitiveness of professionals in the sector.

Speaking at the MOU handover ceremony, ICIFA Vice Chairperson FA Leah Nyambura noted that the partnership would see financial and investment professionals undertake various capacity building initiatives geared towards advancing their competence in providing sound investment advice and management services to various stakeholders including businesses, entrepreneurs, the international community and the people of Kenya.

“Through this collaboration, we will ensure that we provide the best services and advice to any individual or corporate seeking financial and investment counsel. I urge all persons who have completed the Certified Investment and Financial Analyst (CIFA) course examined by Kasneb to register with ICIFA, to ensure that we effectively regulate the sector and to take advantage of the initiatives outlined in this Agreement,” said Nyambura.

Also at the event, FMA Chairman, FA Jonathan Stichbury reiterated, ‘It is critical that we continue to work towards a common goal for excellence in the provision of financial and investment services. This partnership will ensure that we are at the forefront in upholding the highest ethical and professional standards as fund managers.’

The MOU which is set to run for a period of 5 years will see ICIFA and FMA collaborate in seeking mentorship and job opportunities for Certified Investment and Financial Analysts, promotion of investment research based on the sector’s performance.

They will also carry out joint workshops and training for professionals in the sector as well as collaborate in joint Professional and Industry Awards.