Dear Member,
In my last communication, I had mentioned about your Institute’s successful
completion of 90 years of service to the banking & finance industry. This is
a moment of pride for all of us. This feat would not have been possible without
the active support of each one of you. We at the Institute are thankful to all of
you for your continued support. I am also sure, your unstinted cooperation will
continue in the years to come.
Let me now take this opportunity to share with you some of the recent developments
at the Institute.
International Conference
An International Conference is being organised by your Institute on 25th September
2018 at Hotel Trident, Bandra-Kurla Complex, Mumbai. The theme of the conference
will be “Banking: Stepping into the next decade.” The inaugural session
of the conference will be followed by two panel discussions on “CEO Speaks”
and “Economist Speaks”. Further, the prestigious Sir PTM Lecture (35th
Lecture) will also be held at 4.00 pm on the same day as part of the conference.
Dr. Tarun Khanna, Jorge Paulo Lemann Professor, Harvard Business School & Director,
Lakshmi Mittal South Asia Institute, Harvard University will be delivering the Lecture
on the Topic “Trust as the foundation for finance”. The details of the
conference are available on the website of the Institute.
Visitors to the Institute
A team of senior bankers from Nepal visited the Institute on 5th June 2018 as a
part of their study visit. This team was led by Nepal Banking Institute.
Global Banking Education Standards Board (GBEStB)
The GBEStB is a voluntary, industry-led initiative founded by many of the world’s
leading banking institutes. It aims to develop clear, internationally agreed standards
for the education of Professional Bankers. IIBF is a founder member of the GBEStB
and CEO, IIBF is the Vice-Chair of the Global Education Standards Committee. This
Committee has already developed a standard for Ethics Education and Training for
Professional Bankers.
Capacity Building in banks
The courses offered by the Institute in the areas of Treasury Operations, Risk Management
and Credit Management, which have been identified by RBI under the capacity building
exercise of banks, are blended in nature with an online examination followed by
training for such of those candidates who successfully clear the online examination.
I am now happy to inform that the Institute has introduced a course covering the
accounting and audit functions. With this, the Institute has the full coverage of
all the areas identified by RBI under the capacity building exercise of banks.
Mutual Recognition Agreement with the Chartered Banker Institute, Edinburgh,
U.K
The Institute has signed a Mutual Recognition Agreement with The Chartered Banker
Institute, Edinburgh. Under this agreement, “Certified Associates of the Indian
Institute of Bankers” (CAIIB) from India will have their qualifications recognised
by the Chartered Banker Institute, and will be able to become Chartered Bankers
by studying the Institute’s Professionalism, Ethics & Regulation Module
and successfully completing a reflective assignment. I would urge upon all the members
to avail this opportunity of acquiring a global qualification.
Seminars
As a part of the Member Education Initiatives of the Institute, a seminar on “Professionalism
& Ethics” was organised by the Institute in association with the Chartered
Institute for Securities & Investment, London on 22nd June 2018
at the corporate office of the Institute. The programme was well received.
Annual General Meeting, 2018
The 91st Annual General Meeting of the Institute was held on Saturday,
21st July 2018 at 4.00 P.M. at the Institute’s Corporate Office, Mumbai.
Memorial Lectures
The R.K. Talwar Memorial Lecture was held on 8th August 2018. Dr. Bibek
Debroy, Chairman, Economic Advisory Council to the Prime Minister and Member NITI
Aayog, delivered the Lecture; the topic being “The Reform Agenda”
Virtual Classroom Solution
The Institute has acquired a software for conducting training through the Virtual
Classroom mode. This enables the Institute to disseminate the training inputs to
a larger audience without diluting quality. The trainings for Certified Credit Professionals
and Certificate in Risk in Financial Services are currently being offered in this
mode. For the course on Certified Treasury Professional & Certified Accounting
& Audit Professional, the Institute shall make the Virtual class room Training
solution available from the July 2018 examination. Kindly visit our website for
more details.
New Course on Ethics in Banking
The Institute, which constantly endeavours to introduce courses which are contemporary
and need based, will now introduce a separate certificate course titled “Ethics
in Banking.” The courseware is under preparation and the first exam on the
subject will be held in January 2019.
Mock Test facility for Examinations
The Institute is offering mock test facility for three of the capacity building
courses, namely, Certified Treasury Professional, Certified Credit Professional
and Risk in Financial Services, in addition to its flagship courses viz. JAIIB &
CAIIB. Any candidate can now take the mock test to familiarize with the examinations.
E- learning
The Institute is providing e-learning for JAIIB, CAIIB, DB&F, Diploma in Treasury,
Investment & Risk Management, Customer Service & Banking Codes & Standards,
Anti-Money Laundering/Know Your Customer and Risk in Financial Services Examinations.
The e-learning for the above subjects are activated within three working days after
registration for the above mentioned examinations.
Video Lectures now available on YouTube
The Institute is providing the facility of video lectures for all the 3 papers of
JAIIB and 2 compulsory papers of CAIIB, which are now available on the Institute's
official YouTube Channel. For the convenience of the candidates, new video lectures
containing the updates for the JAIIB & CAIIB (two compulsory subjects only)
have also been made available on the Institute’s official YouTube page in
a separate Playlist.
Training
The Institute, apart from conducting training under the capacity building courses,
also conducts training programmes under other niche areas. Recently, a programme
was conducted for the Law Officers.
Advanced Management Programme
The 7th batch of Advanced Management Programme with 23 candidates started on 22nd
July 2018. Collaboration with IIM Calcutta is one of the highlights of the program.
Research Initiatives
The Institute had received a very good response for its research initiatives from
across premium educational institutes, banks & financial institutions. The results
under Micro and Macro Research Programmes have been announced. Details are available
on the Institute’s website.
Bank Quest
The Institute publishes a quarterly journal called “Bank Quest”. Institute
will be publishing a special edition of the Bank Quest on the theme “Banking:
Stepping into the next decade” for July - September 2018 on the occasion of
completing 90 years.
The themes for next issues of “Bank Quest” are identified as:
- Risk Management & Micro Research Papers 2018: October - December, 2018
- Mutual Funds: January - March, 2019
- Ethics & Corporate Governance in Banks: April - June, 2019
- Emerging technological changes in Banking: July - September, 2019
We request members to contribute articles on the above themes for publication in
“Bank Quest”.
Social Media
The Institute is on Facebook and You Tube. The page has since got over 90,739 likes
on various types of posts viz. IIBF / RBI notifications, Quote of the day, Opinion
Poll, Greetings, Photos and videos of various events / seminars / conferences conducted
by the Institute.
Green Initiative
As part of green initiative, the Institute has discontinued sending hard copies
of its monthly publication “IIBF Vision” with effect from October-2015
to its members. In case, you have not registered your e-mail id with the Institute,
I request you to do so to enable the Institute to send copies of IIBF Vision by
e-mail to you in future. You can also download issues of “IIBF Vision”
and “Bank Quest” from the Institute’s website.
I welcome suggestions and guidance from the members on various academic and training
activities of the Institute.
Dr. J. N. Misra
01.09.2018