Continuing Professional Development [CPD] demonstrates continuous learning
allowing you to take control of your career and provides valuable evidence
of commitment to learning and self- development.
By taking control of your own development you can respond to your employers'
and customers' expectations while shaping your career in an increasingly
Importance of CPD :
Nowadays, the concept of job for life is slowly vanishing. Bank employees
today are expected to move between roles throughout their career and therefore
they need to be flexible. This is where CPD is essential. Those who are
constantly developing and therefore improving are of most value to their
employer, customers and to themselves.
The employers expect their workforce to be competent, flexible and increasingly
productive, with a high quality of work produced. The customers expect
high standards of service from the employees. In this context, it will
be appropriate to expect that the employees take control of their own
development so that they are able to respond to their employer's and customers'
expectations while shaping their own career in an increasingly competitive
Staff reductions, limited opportunities for progression and competition
are all compelling reasons for one to take control of the career. CPD
helps to gain the skills that are needed in the days ahead.
The Institute's Initiative :
Recognising this need of the bankers, the Indian Institute of Banking
& Finance, like many other initiatives in the competence building
exercise of bankers, has come up with a certification process in the area
of Continuing Professional Development.
The bank employees may be acquiring a great deal of knowledge and experience
on their own through training/seminars/workshops sponsored by the banks
bot within an outside the banks, even though they might not have necessarily
undergone a formal qualification from a University or Professional Institute.
The efforts of the bankers often go unnoticed and their professional competence
building efforts go unrecognised.
The Institute believes that all the efforts on the part of the employee
towards his competence building and professional upgradation need to be
recognised and suitably documented.
CPD Certification :
The Institute has therefore, introduced a system of certification, which
recognises the efforts of bankers who are endeavouring to build their
professional development. The Continuing Professional Development Certificate
is aimed at enhancing the professional competence through a formal, structural
and verifiable training program. The Institute provides opportunities
to help manage the career of bankers in a variety of ways. Whether a banker
is looking for a change or refocus on the job or career, or simply assess
the marketability in the current job market, the CPD Certificate would
be a passport for such growth.
The CPD program is designed to impart benefits to its members. It provides
a framework for professional and personal development of members. It is
designed to suit the members' individual situation and allows one to structure
one's developmental activities according to their current and future career
What is the role of IIB in CPD activities?
The Institute has been offering a range of continuing professional development
programs for the Banking and Finance professionals over the years as under;
· Publication of Quarterly Journal- Bank Quest
· Publication of Bi-monthly News Bulletin- IIB Vision
· Holding of Seminars by local sub-centres - we have 100 active
sub-centres across the country
· Holding of National Level Seminars
· Publication of books on Banking
· Holding of Special Lectures by foreign experts visiting India
· Holding of Sir Purshotamdas Thakurdas Memorial Lecture by an
eminent person annually
· Facility for research under Diamond Jubilee Overseas Research
· Information Portal on our website : www.iib-online.org
The members associating with various academic activities of the Institute
have benefitted professionally in terms of upgrading their knowledge.
But so far, there has been no formal scheme of recognition of all such
knowledge acquired by the members. It is therefore, felt that a scheme
should be evolved wherein the individuals making serious efforts to upgrade
competence should be given appropriate recognition.
What is this new Scheme called CPD?
CPD is the systematic upgradation of knowledge and skills and the development
of personal qualities necessary to the execution of professional managerial
and technical duties throughout a member's working career
How to Register?
The members may contact the Corporate Office at the following address
for registration by sending the enclosed format with the Demand Draft
favouring "IIB" payable at Mumbai.
The Joint Director,
Indian Institute of Banking & Finance,
Arcade, 2nd Floor, East Wing
Tower 4, Cuffe Parade
MUMBAI - 400 005
Tel: (022) 22187003/4/5
Fax: (022) 22185147
|Visit us : www.iibf.org.in
Scheme of CPD