Major Boost for UAE Insurance & Financial Planning Sectors with CII and EIBFS Partnership
- December 15, 2021
- Posted by: EIBFS
- Category: News
Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training and the Chartered Insurance Institute (CII) have announced a partnership, which will see the CII’s qualifications incorporated into the learning and attainment pathways of EIBFS’ students.
Under the partnership agreement with the CII, the full gamut of the professional body’s qualifications will become available for students representing organisations that collaborate with the EIBFS. These range from the basic introduction to Insurance and Financial Planning, through to Certificate, Diploma, Advanced Diploma and Fellowship of the CII.
Gaenor Jones, Regional Director of the CII, Middle East comments: “We are delighted that the EIBFS has chosen to work so closely with the CII in order to benefit its students’ career pathways and personal development journeys. CII qualifications are the ultimate endorsement that an individual has achieved internationally recognised accreditation by a body that adheres to a strict code of ethics and professional standards, as well enabling that individual to demonstrate a high level of technical competence and market knowledge. We are very much looking forward to cementing our relationship with EIBFS and making a positive contribution to the development of insurance and financial planning talent across the UAE.”
Jamal Al Jassmi, General Manager at EIBFS, adds: “Our partnership with the CII is a significant boost to our overall proposition to the financial and banking industries here in the UAE. It’s very positive news for both individuals and corporate organisations working in these sectors because employers and students will be secure in the knowledge that their learning and qualifications are being provided by the most reputable and trusted professional body in the world. Our collaboration with the CII is a key indicator of the EIBFS’ commitment to global best practice and our dedication to developing a skilled, competent and competitive workforce.”
The EIBFS has operated for over 38 years in the UAE, from three campuses located in Abu Dhabi, Dubai and Sharjah. It offers specialised education and training to individuals looking to develop personal and professional skills for embarking on a career in the Banking and Financial Sectors and is widely regarded as a leader in Emiratisation. The Institute also boasts an e-learning platform that covers the full spectrum of knowledge for the banking and insurance sectors in the UAE.
The CII is an internationally recognised professional body, dedicated to building public trust in the insurance and financial planning profession, committed to driving confidence in the power of professional standards through competence, integrity and care for the customer. The Middle East office of the CII, which is headquartered in London, UK, was established three years ago in Dubai, in response to increasing regulation within the Insurance and Financial Planning sectors by governments across the GCC region, and in subsequent recognition of the pivotal role that accredited qualifications play in the process.