FPSB India and PHDCCI signed a Memorandum of Understanding (MoU) to promote awareness of financial planning and encourage education in finance nationwide. The move is meant to take advantage of the expertise available in both companies to develop institutional, business, and individual professional financial planning education.
This collaboration signifies a shared commitment to empowering individuals with essential financial knowledge and strengthening India’s financial ecosystem. It aims to pave way for a financially secure generation that can confidently contribute to India’s economic growth. By uniting FPSB India’s global expertise in financial planning with PHDCCI’s far-reaching influence in the industry and policy ecosystem, the collaboration aims to embed financial capability at the grassroots level for greater impact.
This strategic alignment is pivotal to the development of a future-proof, financially literate, and economically resilient young Bharat.
Highlighting the significance of this partnership, Shalini S. Sharma, Assistant Secretary General, PHD CCI, stated: "Our MoU with FPSB India is an important step towards enhancing the financial planning ecosystem in the nation. Together, we seek to promote financial education, foster ethical advisory practices, and enable individuals and businesses to make informed financial choices". This partnership reflects our common goal to create financially literate and secure India and eventually contribute towards inclusive economic growth of the nation.
Mr. Dante De Gori, CFP & CEO, FPSB Ltd., on his trip to India stated, "We feel honored to join hands with PHDCCI with the purpose to promote financial planning awareness and financial literacy in India". This partnership highlights our common mission of enabling people to gain the knowledge and skills to create secure financial futures. With India moving towards becoming a Viksit Bharat, making its citizens financially literate will be a pillar of inclusive, sustainable growth".
According to this partnership, FPSB India and PHDCCI co-hosted the conference 'The Path to Viksit Bharat: Unlocking the Power of Financial Education' at PHD House, New Delhi. Prof. (Dr.) Anil Sahasrabudhe, Chairman, NBA, NAAC, and NETF, delivered the keynote address and highlighted the significance of financial education towards attaining inclusive access and sustainable development.
Important initiatives under this partnership include
Joint Financial Awareness Programs: Organization of online and offline events to spread awareness about financial education and financial planning. Certification of Certified Financial Planner : Developing outreach programs to make the CFP certification a benchmark qualification for financial planning.
FPSB India is sure that these collaborations are one step towards a financially secure country and will consolidate the financial advisory framework and make a significant contribution to the overall economic health of the country. Sharing the eagerness on the partnership, Krishan Mishra, CEO, FPSB India stated, "At FPSB India, we understand the necessity for increased financial education to empower individuals to make sound financial choices". With PHDCCI, our partnership will spearhead effective initiatives that increase the significance of financial planning in India".
On the jointly hosted function at PHD Chamber of Commerce, leading dignitaries of education fraternity Prof. (Dr.) Indrani Bhaduri, Head, Education Survey Division, NCERT; Mr. Dante De Gori, Global CEO, Financial Planning Standards Board Ltd.; Mr S.K Sethi, Founder & CEO, Insurance Foundation of India; Mr. Krishan Mishra, Chief Executive Officer, FPSB India; Ms. Shalini S. Sharma, Assistant Secretary General, PHDCCI; Ms. Amisha Sethi, Sr. VP Policy & Communication, FPSB India; Prof. (Dr.) Indira Bhardwaj, Dean, Management K R Mangalam University, Gurgaon; Dr. Sandhya Rai, Ex- Dean, IILM, GSM; Program Head, Undergraduate Program, School of Management, Bennett University; Dr. Rajiv Kishore Dubey, Former CMD, Canara Bank; Dr Narinder Kumar Bhasin, Zonal Head, Indian Institute of Banking and Finance, New Delhi; Ms. Suparna Tandon, CEO, NPS Trust; CMA (Dr.) S K Gupta, Managing Director, ICMAI Registered Valuers Organisation, New Delhi; Mr. B N Mishra, Senior Advisor Indian Bank Association (IBA); Prof. (Dr.) Arvind Kumar, Atal Bihari Vajpayee School of Management, JNU, New Delhi; Ms. Babeeta Sharma, Senior Secretary, PHDCCI; and Mr. Sanjay Ahuja, Joint Secretary, PHDCCI, provided views on embedding financial education in school and university curricula, and creating a future-proof, financially savvy workforce.
Congruent with national objectives of shared growth and long-term financial sustainability, the partnership aims to help individuals and companies by bettering their awareness of financial planning principles and arming them with tools for long-term financial stability.
