The Institute of Risk Management (IRM) has signed a Memorandum of Understanding (MoU) with ITI EdVest – an education-focused initiative developed by the Investment Trust of India Limited (ITI) – with the intention to promote and deliver risk management education and research in India.
ITI EdVest provides student and institution financing through the group non-banking financing company (NBFC) in addition to its education-related services. ITI Group is in the business of investment banking, institutional broking and financing, alternative investment (AIF) and mutual fund and has assets under management of over US$400 million. ITI Limited is listed on the Bombay and National Stock Exchange and operates from 200-plus offices right across India.
As part of the MoU, the IRM intends to deliver specialist training under the Young Leaders’ Programme banner to students, young professionals and corporate organisations alike while also engaging in research projects with leading institutions through ITI EdVest.
Sanjay Himatsingani, director of training and business development for the IRM, said: “We are very pleased about this initiative with ITI EdVest in India. Our training and education offer is well respected and attracts students from a wide variety of organisations from all over the world. We’re delighted that students in India will now have the opportunity to increase their risk management knowledge.”
Hersh Shah, founder and head of ITI EdVest (and also an approved IRM trainer), responded: “We’re very excited about this potential collaboration as we embark on a journey to transform the landscape of risk management in India through our proprietary simulation pedagogy which will benefit entrepreneurs, professionals and organisations across India.”