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The Nairobi Securities Exchange and the Institute of Certified Investment and Financial Analysts Sign MoU to Facilitate Collaborative Initiatives

6 July 2019  

The Nairobi Securities Exchange (NSE) and the Institute of Certified Financial Analysts (ICIFA) today signed a Memorandum of Understanding (MoU) aimed at advancing the financial and investment services. Under the three-year partnership agreement, ICIFA will certify relevant NSE training programmes to qualify for ICIFA Continuous Professional Development (CPD) for its members. Speaking during the MOU signing ceremony at the NSE, ICIFA CEO Diana Muriuki noted that ICIFA was proud to be associated with the Exchange and both institutions will collaborate in promoting the professional development of Investment and Financial professionals for industry players in Kenya. “This mutually beneficial agreement will enable both ICIFA and NSE host joint workshops, conferences, seminars, roundtables and training sessions in Kenya” Diana said. The agreement also enables both parties to develop joint publications, pronouncements and research on financial markets with a view of creating quick reference materials like brochures and handbooks that can be distributed to the various stakeholders. Further, the MOU says in part, “Both parties shall provide joint technical and financial support for agreed professional and industry awards, collaborate in challenge competitions and awards, and jointly organize market driven capacity development activities which will earn CPD points for members”. Speaking during the signing ceremony, NSE Chief Executive Geoffrey Odundo said “We are also proud to be associated with ICIFA especially now that we will work together in promoting professionalism in the investment field. This agreement will benefit the investment professionals as well as the investing public.”