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August / September 2011Institute news
New President for the Institute
Jim Lindsay FCIBS, Chief Executive of Airdrie Savings Bank has been elected as the new President of the Chartered Banker Institute.
Jim is a Chartered Banker and joined Airdrie Savings Bank in 2000. Prior to this, he spent 27 years at The Royal Bank of Scotland, which he joined as a graduate trainee in 1973. During his time at RBS, he worked in various branches and departments including appointments as Company Secretary of RBS and Local Director, Glasgow.
He has been on the Institute’s Council since 1992 and was elected Senior Vice-President in 2009.
“It’s a great honour to be elected as President of the Institute,” Jim says. “As a career banker of 37 years, I appreciate the role that the Institute is playing in regaining the trust of customers through the promotion of high professional standards for bankers.”
Read all about it in our AGM feature.
Drive to re-professionalise
The Chartered Banker Institute has joined with Bangor University Business School to help the global drive to re-professionalise the banking industry
In the latest development, the two bodies promoted the Chartered Banker MBA at the World Conference of Banking Institutes in the Bahamas between 20 and 23 March.
Speaking at the event, Phil Ryan, Deputy CEO, The Management Centre, Bangor Business School, who is Programme Director for the qualification, said: “The global banking crisis reached such a peak because of the lack, in some quarters, of the depth and breadth of the issues and risks that are inherent in our industry – and in order to regain the trust of the public, the profession as a whole needs to embrace a formal framework of banking education, all the way up to a masters level.”
As a result of attendance at the event, the Chartered Banker Institute and Bangor Business School have come to affiliation agreements with several institutes worldwide, and that number continues to grow.
* For more information on the Chartered Banker MBA, follow the link from the Chartered Banker Institute website or go to: www.charteredbankermba.co.uk
The Institute is delighted to have accredited the Institute of Bankers Pakistan ISQ Programme. Students graduatingfrom the Programme will be eligible for the designation “Associate Chartered Banker”.
Joint success with Santander
The Chartered Banker Institute is delighted that the Santander School Leavers programme has won a Managing Talent award.
Since 2008, the Institute has been working with Santander on the programme which supports new staff through a fiveyear qualification scheme, culminating in Chartered Banker status for those successfully completing the programme.
“I would like to congratulate all those involved,” says the Institute’s Chief Executive Simon Thompson. “I know that a great deal of time and effort has gone into establishing, promoting and operating the programme and I’m glad this has been suitably recognised.
He adds: “From the Institute’s perspective, it also reinforces the value of professional banking qualifications.”
Wanted! Tutors, Verifiers & Examiners
We’re reinforcing the Institute’s professional support team to help deliver the revised Chartered Banker qualification. These part-time roles are vital in motivating and encouraging students to perform well. We’re seeking suitably qualified and experienced people as:
Tutors to advise on and mark assignments and provide email and telephone support and encouragement to students.
Examiners to advise on syllabus content and to set and mark examinations.
Verifiers to undertake verification of examination papers, scripts and syllabus content.
CHARTERED BANKER PROGRAMMEProvisional subjects:• Professional Ethics & Regulation• Credit and Lending• Contemporary Banking Environment• Risk Management in Banking• Banking for High Net Worth Individuals• Retail Banking Operations• Applied Business and Corporate Banking
If you are interested in taking part, please email your CV to: Michael Downey, Learning and Development Manager at firstname.lastname@example.org or call 0131 473 7782.
Read more about the Institute’s new route-map to Chartered Banker.
2011 Graduation ceremony
The 2011 graduation ceremony of the Chartered Banker Institute will take place on Saturday 12 November in the Bute Hall of the University of Glasgow.
The annual ceremony provides an opportunity to formally recognise the achievements of our new Chartered Bankers, prizewinners and Fellows. Since 2009, the ceremony has also included students who have completed our Certificate and Diploma courses.
If you have completed a qualification between 1 August 2010 and 31 July 2011 we would be delighted if you are able to join us at the 2011 ceremony to collect your award. We will be writing to everyone eligible to attend towards the end of August with details of the event.
Getting tax relief on your subscription?
Did you know that if your employer is not paying your membership, you can claim relief from income tax on it? You will need to request a receipt for your membership payment from email@example.com and submit it to the tax office with your tax return. If you don’t complete a tax return, you can make a claim by writing or phoning your local tax office (your employer will be able to give you the address and reference).
For more information about tax relief for professional fees and subscriptions, visit www.hmrc.gov.uk/incometax/relief-subs.htm
Annual subscription renewal
Subscriptions for 2011/ 2012 are now due for the majority of our members and you should have received a renewal letter in June.
For those who pay by Direct Debit, the payment should have been taken on or around 23 July. However, you can also pay your subscription online via the members’ section of our website, send a cheque, or, if you prefer, you can call the Institute on 0131 473 7777 to provide us with your card details.
Project Blue: From Ubiquity to PrecisionThe future of financial services and the impact for the UK
The third of this year’s ‘Banking Insights’ events, run in association with PricewaterhouseCoopers, takes place on Tuesday 4 October. Following our successful session on the future of European Banking earlier this year, our speakers will return to review how the situation has changed and what the implications are for banking and the wider financial services industry in the UK and beyond.
Date: Tuesday 4 October Location: Erskine House, 68-73 Queen Street, Edinburgh, EH2 4NH Schedule: 8.45 - 9.00am registration and light breakfast, 9.00 - 10.30am presentation and discussion.
There is no charge to attend but places are strictly limited and must be booked in advance. Members can book online at www.charteredbanker.com
If you have any queries regarding this event, please contact Ashleigh Edmiston – firstname.lastname@example.org, 0131 473 7797.
Institute bids farewell as Peter Moir retires
At the end of June, Peter Moir retired from his role as the Institute’s Examinations Manager. He first became involved with teaching banking students at Jewel and Esk Valley College in 1977 where he worked as a lecturer. Over the years, he also undertook tutoring, authoring and verifying work for the Institute and in 2001 he joined full-time as Examinations Manager. His contribution to the work and development of the Institute has been outstanding. We wish Peter and his wife Liz a very long and happy retirement.
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We need to make sure our people have the opportunities to learn and qualify right across the full range of disciplines.
Graeme Hartop, Managing Director, Scottish Widows Bank
The Chartered Banker programme provides broad, flexible skill sets and a wide range of ways to achieve the qualification.
Philip Grant, Managing Director, UK Private Banking at Lloyds Banking Group
“The syllabus is very good for the banking industry.It fully recognises the changes in the way financial services are put together and the skills and expertise that are required.”
“We rely on the broad range of skills that the Institute provides.”
Jim Lindsay, General Manager, Airdrie Savings Bank