National Training Council recognizes Centre of Excellence in Financial Inclusion

By: PNG Business News March 20, 2022

Photo credit: The Centre for Excellence in Financial Inclusion - NTC Director Kinsella Geoffrey (2nd left) presenting the certificates to Acting Assistant Governor, Financial System Stability Group (FSSG), Bank of Papua New Guinea, George Awap witnessed by NTC Assistant Director Kevin Kalis (far left) and CEFI Executive Director Saliya Ranasinghe.

The Centre for Excellence in Financial Inclusion (CEFI) has been certified by the National Training Council (NTC) to conduct Courses in Financial Literacy.

At an official presentation on March 07, NTC presented CEFI its Certificate of Registration to conduct Training.

NTC also presented CEFI ‘Accreditation of Courses’ Certificate that will allow CEFI to conduct Financial Literacy Courses. CEFI’s Head of Training, Jill Pijui was also presented a ‘Certificate of Registration as an Instructor’ by NTC.

Acting Assistant Governor, Financial System Stability Group (FSSG), Bank of Papua New Guinea, George Awap when accepting the certificates on behalf of Acting Governor Bank of Papua New Guinea and Chairman of CEFI Board, Benny Popoitai, thanked NTC for being a standard setting institution.

“Financial education is important and commitment by individuals, families, financial institutions and training institutions is critical in ensuring Papua New Guineans are financially literate,” Mr Awap said.

“I recognize the efforts the National Training Council has done so far in ensuring that quality education is provided at all levels,” Mr Awap added.

CEFI Executive Director Saliya Ranasinghe emphasized that the partnership between CEFI and NTC is important for the growth of financial education in the country.

“We want to be a reputable training institution that will deliver financial literacy training in the country. Financial literacy is important for this country and we have witnessed how lives have changed because of our (financial literacy) training,” Mr Ranasinghe said.

NTC Director Kinsella Geoffrey commended CEFI for their achievement in getting recognized as a training institution to educate Papua New Guineans in financial literacy.

“We (NTC) believe in the work that CEFI does, we have been made aware through the media about your programs of financial literacy to educate our people especially in the rural areas,” Mr Geoffrey said.

“The registration certificate I am going to hand over is a testament of achievement, what we call quality assurance framework, and it talks about three items, trainer, facility and program,” Mr Geoffrey said when handing over the certificates to Mr Awap.

Mr Geoffrey added that the process of getting CEFI certified took two years which involved NTC and CEFI conducting meetings to go through the process of getting CEFI registered.

 

Article courtesy of The Centre for Excellence in Financial Inclusion


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