FPSB India, the country’s leading professional standards-setting body for financial planning, and the International Financial Services Centres Authority (IFSCA), in GIFT IFSC, Gandhinagar has signed an MoU to elevate Gujarat International Finance Tec-City (GIFT) IFSC as a premier ‘Global Finance Hub’ and strengthen its talent pool of skilled professionals tailored to meet the evolving demands of GIFT City’s financial industry.
Under this strategic collaboration, FPSB India and IFSCA are set to embark on a transformative journey aimed at enhancing the financial market ecosystem and nurturing skilled professionals for GIFT City’s expanding financial workforce.
Speaking of FPSB India’s commitment to the financial sector in the country, Krishan Mishra, CEO of FPSB India, said, “This collaboration marks a significant milestone in our mission to cultivate a strong talent pool equipped with globally recognized financial planning expertise. By collaborating our efforts with IFSCA, we aim to empower professionals and contribute to the evolution of GIFT IFSC as the foremost destination for financial services in India.”
Dipesh Shah, Executive Director of IFSCA, said, “We want to facilitate institutions which can play important role in developing talent pool at GIFT IFSC. IFSCA and FPSB India will definitely infuse fresh synergies in advancing the financial services ecosystem at GIFT IFSC. Through joint initiatives and knowledge sharing, we are poised to catalyse innovation and position GIFT IFSC as a hub of new age global financial services.”
Key highlights of the MoU include:
1. Talent Pipeline Support: FPSB India will collaborate with IFSCA to provide a steady stream of skilled CFP® professionals tailored to meet the evolving demands of GIFT City’s financial industry.
2. Ecosystem Development: Both entities will work in tandem to foster the growth of the financial market ecosystem at GIFT IFSC, with a specific focus on nurturing financial planning professionals.
3. Promotional Activities: FPSB India and IFSCA will jointly organize international and domestic events, including conferences, seminars, and roundtables, aimed at raising awareness and positioning GIFT IFSC as a global finance hub.
4. Research Collaboration: The partnership will facilitate collaborative research endeavours to explore emerging global trends in financial planning and other pertinent areas within the financial sector.
The MoU signifies a concerted effort by FPSB India and IFSCA to leverage their respective strengths and drive sustained growth and innovation in GIFT City’s financial landscape.
