CB:PSB launches a new professional standard for bankers
CB:PSB launches a new professional standard for bankers, the Intermediate Standard
Today, the Chartered Banker Professional Standards Board (CB:PSB) has launched a new professional standard for bankers; the Intermediate Standard for Professional Bankers. The Intermediate Standard completes the CB:PSB’s range of professional standards, complementing the existing Foundation and Leadership Standards. Since 2011, the CB:PSB has been at the forefront of the drive to build and demonstrate professionalism in banking. It continues to be the only body creating professional standards of conduct and expertise for bankers to achieve individually.Requirements-Cover
It is intended to provide a “next step” for individuals who have achieved the Foundation Standard and to support the continuing professional development of banking professionals. The CB:PSB’s continuing relevance and importance is underlined by recent research carried out on behalf of the CB:PSB by YouGov, which has shown that over half (52%) of the general public feel it is important to be able to regularly interact (face to face / phone) with a banker at their local bank who meets professional standards. The CB:PSB has also recently developed ‘professional pathways’ enabling individuals, who have successfully completed their professional standards to progress to qualifications and membership of the Chartered Banker Institute.
Lady Susan Rice CBE, Chairman of CB:PSB commented: "I’m delighted to publish today the third and final of the CB:PSB’s Professional Standards for bankers. The Intermediate Standard sets out the CB:PSB’s expectations for professional bankers making a commitment to higher standards of expertise and conduct than those set out in the Foundation Standard. This latest achievement is further evidence that the CB:PSB is successfully delivering its promise to help professionalise banking. Its agenda is also enhancing wider efforts to embed a professional culture in banking; a culture in which customers, colleagues, stakeholders and communities can have confidence, trust and pride.”
Simon Thompson, Chief Executive of the Chartered Banker Institute added: “The Chartered Banker Professional Standards Board (CB:PSB) is a unique voluntary initiative between nine UK banks and the Chartered Banker Institute established in 2011 - before banking culture and conduct became a key issue for policymakers and regulators - to develop and embed professional standards for bankers, and lead the re-professionalisation of UK banking. In just over 5 years, the CB:PSB’s professional standards have defined what it means to be a professional banker and supported many thousands of bankers to demonstrate their professionalism.”
Matthew is responsible for leading the implementation of the Institute’s strategic and operational plans for public affairs, key stakeholder engagement and communications.
Matthew has over 25 years’ experience working as a senior Parliamentary/Political Affairs Professional with a wealth of skills across all areas of public affairs, joining the Institute in 2015 to help raise its profile, impact and influence. Matthew has worked for MPs, co-founded a public affairs agency and run think-tanks providing him with considerable knowledge of the operations of regulators and government. He is also an expert in the UK Parliamentary Process.
Matthew was Administrative Secretary to the All-Party Parliamentary Group for Building Societies and Financial Mutuals between 2003 and 2013 and immediately prior to working for the Institute, was Chief Executive of the financial services think-tank, New City Agenda.
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