Abu Dhabi Global Market Academy (ADGMA) has collaborated with the Association of Corporate Treasurers (ACT) to deliver treasury and cash qualifications in the UAE and the wider Middle East region.
Through the agreement, both ADGMA and ACT aim to foresee the upskilling of the UAE nationals via joint training to equip individuals for a successful career in the treasury and corporate finance industry. UK-based ACT is the international professional body specializing in the profession of corporate treasury.
The agreement was signed by Mr. Mansoor Jaffar, CEO of ADGM Academy and Research Centre, and Ms. Caroline Stockmann, CEO of ACT.
According to the statement, “Along with the advancement of treasury and cash management knowledge, the strategic collaboration will focus on supporting the UAE National Agenda of employability for the professional development while balancing financial risks and opportunities for businesses in the Emirates.”
ADGMA and ACT also intend to collaborate on thought leadership opportunities such as joint seminars, workshops, and conferences to achieve mutually beneficial goals under the agreement.
Commenting on the partnership, Mr. Jaffar said that, “By delivering internationally recognized training programs and establishing a flourishing knowledge-based environment, ADGMA has built a portfolio of world-class financial education and literacy. Our partnership with ACT reinforces our commitment to supporting the UAE’s Vision 2030 and bolstering Abu Dhabi’s position as a global financial and commercial hub.”
The entities will also explore promoting and establishing ACT preparation training courses that will enable successful candidates to earn ACT certifications such as Certificate in Treasury Fundamentals, Certificate in Treasury, and Award in Internal Cash Management and other higher-level qualifications.
“Education continues to be a strong focus for the ACT, and we are committed to strengthening the work we do on this in the region. I am delighted that Abu Dhabi Global Market Academy will deliver our treasury and cash management qualifications locally and support the development of talent that is needed in the region for these key areas,” commented Ms. Stockmann.