MANILA, Philippines-The Asia Pacific Association of Fiduciary Studies gave recognition to three senior executives of the Rizal Commercial Banking Corporation who earned their Accredited Investment FiduciaryT designation from the most sought-after Accredited Investment FiduciaryT Training Program recently facilitated in Manila by fi360. The AIFT Program is a two-day, classroom-based course which covers the components of a comprehensive investment process and related standards of care that a fiduciary must observe in performing its functions.
The trainees from Trust and Investments Group of RCBC are considered the very first Filipinos who have successfully completed the program and earned the highly coveted AIFT designation, namely: Ms. Lourdes Bernadette M. Ferrer, First Senior Vice President and Trust Officer, Mr. Raoul Santos, First Vice President and Mr. Eric Victoria, Trust Business Development Head.
“At this time when the global investment environment is characterized by both uncertainty and opportunity, the structured decision making process taught through this course assures that the best interest of a trustee's clients are well served at all times,” said Ferrer.
“The AIFT Program sets the standards for best practice investment decision-making. I found it to be robust and comprehensive and of enormous benefit to anyone involved in trust management,” added Santos.
The AIFT designation is one of the most sought-after designations in the finance and investment industry according to US Financial Planning Week Magazine. The accreditation courses are conducted by Fi360, an institution which promotes a culture of fiduciary responsibility and improves the decision making processes of investment fiduciaries and other financial service providers. The institutions' solutions include educational training programs, the AIFT and AIFA professional designations, analytical and reporting technology and ongoing support for all types of fiduciaries and financial service providers, including advisors, wealth managers, plan sponsors, trustees, brokers, accountants, lawyers and more.
The training programs are done in coordination with APAFS, which is a Guam based 501c3 non-profit association whose mission is to raise the level of standards of practice among fiduciaries in the Asia Pacific region. APAFS members comprise central governments, government agencies, colleges and universities and other institutional investors. APAFS is also an endorsed Country Sponsor authorized by the Global Investment Performance Standards (GIPS) Executive Committee to promote the GIPS standards. The GIPS trademark and logo and the GIPS standards are owned by the CFA Institute.
This year, the AIFT Training will once again set sail on Philippine shores on Nov. 13 and 14 prior to the premier 12th Annual Pacific Region Investments Conference (PRIC) hosted by the Asia Pacific Association of Fiduciary Studies (APAFS) on Nov. 15 and 16 at the New World Hotel, Makati City.
For more information about the AIFT Training Program and the 12th PRIC, visit www.apafs.org. You may also contact APAFS through Daniel A. Roland, CIMA, executive director at email@example.com or call (+671) 687-8823. (PR)