ACIIA ANNOUNCES CERTIFICATION PARTNERSHIP WITH PRMIA
9 December 2019 – ACIIA announces a partnership with the Professional Risk Managers’ International Association (PRMIA) in the mutual recognition that current Certified International Investment Analyst (CIIA®) designation holders meet a portion of the Professional Risk Manager (PRM™) Designation requirements.
The exemption program agreed upon between ACIIA and PRMIA includes recognition by PRMIA that current CIIA designation holders meet the knowledge requirements of the 2019 PRM Exam Program, Exam 1 – Financial Foundations.News Release
PRM Exam Exemptions
Individuals who are current CIIA designation holders may seek an exemption for the 2019 PRM Exam 1 by submitting an application to the 2019 PRM program and providing evidence of being a current CIIA designation holder. These applicants are still required to pass the 2019 PRM Exam 2, as well as meet the experience and membership requirements of the PRM Designation program.
“This partnership with PRMIA is an important new feature of the ACIIA by giving CIIA designation holders a route to a global certificate for professional risk managers, PRM, and enhancing our growing presence in the US and other markets in the area of risk management,” said Yasuhiro Maehara, Chairman at ACIIA. “We wish to strengthen and enlarge our collaboration with PRMIA for years to come.”
“For our CIIA designation holders this arrangement provides an enormous value added by offering them the opportunity to advance practical knowledge and skills of risk management in their career path,” added Andreas Jacobs, Deputy Chairman at ACIIA and CEO of Centre for International Examinations for CIIA Exam operations in Switzerland.
“We are delighted to form this partnership with ACIIA,” said Ken Radigan, CEO at PRMIA, and a current PRM designation holder. “ACIIA is a world class association and we are honored that they have selected us to partner with them in providing a Risk Management certification program for their members.”
“The global exposure with local emphasis makes CIIA holders unique in the finance and investment industry,” added John Broussard, PhD, Professor Emeritus at Rutgers University, current Chair of the PRMIA Education Committee, and a PRM Designation holder. “The depth and breadth of curriculum created by ACIIA is valuable. PRMIA is honored to partner with ACIIA to bring risk management concepts to an important and growing audience.”
The Certified International Investment Analyst (CIIA®) designation is an internationally recognized advanced professional qualification for individuals working in the finance and investment industry.
The Professional Risk Manager (PRM) Designation is a globally recognized, graduate-level risk management credential for financial risk managers.
In conjunction with its Accredited Risk Management universities and leading Academic Partners, PRMIA seeks to set the international standards for graduate level education in risk management and financial engineering, to offer training and development programs in finance and risk management worldwide, and to reinvest the proceeds of these activities into further educational efforts, scholarly research, and scholarships.
Established as a not-for-profit organization in 2000 (an association registered in Switzerland), ACIIA is the international umbrella organization for national and regional associations of investment professionals worldwide. Its role is to provide an internationally recognized, advanced professional qualification – Certified International Investment Analyst (CIIA®) – which examines candidates at a high standard and in a practical fashion in the global areas that are necessary to pursue a career in the investment profession, and also in the local topic areas of their respective home markets. For more information, visit www.aciia.org
The Professional Risk Managers’ International Association (PRMIA) provides an open forum for the development and promotion of the risk profession. With chapters around the world, PRMIA is a non-profit, member-led association dedicated to defining and implementing the best practices of risk management in a broad range of industries through education, including the PRM™ Designation and certificate programs; webinar, online, classroom and in-house training; events; networking; and online resources. For more information, visit www.prmia.org