The second in a series of master class workshops on 'Capital Market and Fixed Income Investment Certification' concludes in Karachi, stated a press release on Saturday.
More than 30 industry professionals as well trainers nominated by the Institute of Financial Markets of Pakistan (IFMP) have attended the two-week long 'Training the Trainers' organized by the United States Agency for International Development 's (USAID) Financial Market Development Activity in collaboration with the Institute of Financial Markets of Pakistan (IFMP).
"USAID support has been crucial in helping us deliver on our mandate with international trainers," said Mohammad Ali Khan, Chief Executive Officer IFMP, "These master class workshops are part of the sustainability planning in order to engender long-term impact of the efforts undertaken," he said.
Two trainers' trainings were held in Karachi while two more, one each in Lahore and Peshawar are planned over the next few weeks.
Overall, fifty 'Fixed Income and Investment Trading Certification' workshops have also been conducted across different cities and regions in Pakistan, preparing a cadre of 3,800 certified professionals. "A strong, diversified and vibrant capital market is an area of high priority for both IFMP and USAID.
With these trainings, we are developing a small select pool of resource persons to help us continue to develop the capacity of practitioners and trainers working in this sector," said Khan, addressing the participants.
The training is specifically designed for professionals and trainers working in the financial sector to build their capacity to train practitioners on fixed income, improve understanding of emerging trends and increase skills in the areas of marketing, trade, and investment of fixed income products.
The training will also develop their ability to assess the risks related to credit products and the techniques for managing such risks. USAID's Financial Market Development Activity is a multi-year project to assist and promote the development of competitive and diversified debt capital markets in Pakistan, working with key regulatory agencies. Its capacity building programs strengthen the debt market as well as professional standards as part of an overarching goal of USAID's Economic Growth Program to help Pakistan build robust market institutions in the country.-PR