Chartered Institute of Bankers rebrands itself as Institute of Financial Services

In his first public address as the newly appointed President of the Institute of Financial Services Malta, Charles Borg outlined the strategy that the Institute has embarked on in response to the profound changes that the Maltese financial services sector and the world is going through.

In the wake of these changes, the Chartered Institute of Bankers Malta felt the need to embark on a new strategy and to rebrand itself as the Institute of Financial Services (IFS) Malta.
Mr Borg emphasised that the new brand bears evidence to the Institute’s objective of offering qualifications that go beyond the narrow confines of banking. This is also consonant with the Institute’s mission statement ‘to be the leading provider of education to the financial services industry.’
The name itself - Institute of Financial Services - suggests that the Institute will not be focusing solely on the banking sector but on a wider spectrum. "Banking Groups have become Financial Services Groups and we have to ensure that the Institute offers educational solutions covering the whole financial services industry," remarked Mr Borg in his address.
In embarking on its new strategy, the Institute of Financial Services Malta will be using the consultancy services of the IFS based in the UK. Mr Borg explained that this alliance will enable to local financial services sector to benefit from educational solutions that have been highly successful in the top financial services centres worldwide. On behalf of the local Institute, Mr Borg also thanked Brian Role (IFS UK) for his support and presence at the dinner.
Mr Borg believes that these changes would enable the IFS Malta to provide educational solutions that will provide the employers in the sector with the competitive advantage and the employees with a higher degree of marketability.