IOB 109th Year 2013
Chairman’s Report
Content
• IOB Vision and Motto
• Background
• Our Offering- Professionalise, Connect, Inform
• IOB alliances
• Business Plan for 2013/2014
• IOB Functional Structure
• Directors for 2013/2014
The Institute of Bankers in South Africa
VISION
Leading the development of the professional bankers with
global relevance
MOTTO
Professional body for professional bankers
Background
Key activities since the AGM – 24 October 2012
• In March 2013 Professional body registration by SAQA (under
the NQF Act)
• Registration of designations:
• Certified Associate of the Institute of Bankers (CAIB (SA))
•
SAQA Designation ID: 473
• Fellow of the Institute of Bankers (FIBSA)
•
SAQA Designation ID: 474
• Submission of the change in directors and the MOI to CIPC
• MOI (2012) based on value proposition prior to professional body status
PROFESSIONALISE
Professional Body status in broad terms
• Legally constituted
• Advance the objectives of the NQF
• Develop , award, revoke designations• Promote public understanding of PB
• Manage membership
• Develop CPD
• Encourage international best
practice
• Members sign and abide by Code of • Co-operate with relevant Quality
Councils to develop QCTO
Conduct
qualifications
• Membership applied fairly and
• Develop, in conjunction with relevant
• Upload and manage a fully functional role players, a body of specialised
knowledge/ qualifications
info management system,
without discrimination
compatible with NQF
Our Offering
CONNECT - Membership of the IOB
PROFESSIONALISE - Professionalising the banking industry
INFORM – provision of information to IOB members
CONNECT
PROFESSIONALISE
INFORM
PROFESSIONALISE
IOB to Professionalise
This will be achieved through:
• Regulatory exams
• CPD
• Qualifications and short courses
PROFESSIONALISE
Professional Designation Framework
QUALIFICATION
EXPERIENCE
DESIGNATION
5 YEARS
Chartered Banker (SA)
NQF 8
Post Graduate Diploma
(120 credits)
2 YEARS
PB (SA)
NQF 7
B Degree (360 credits) /
Adv Diploma
(120 credits)
1 YEAR
AIB (SA)
NQF 6
Diploma
(240 credits)
1 YEAR
CAIB (SA)
NQF 5
Certificate
(120 credits)
1 YEAR
LIB (SA)
Code of Professional Conduct for Banking Industry
Membership of the Institute of Bankers (SA)
PROFESSIONALISE
Professional Designations
The Institute qualifications and professional designations offering raises the
competency levels of members of the banking profession are:
• Licentiate of the Institute of Bankers (LIB (SA))
•
SAQA (recognition process underway – 2013)
• Certified Associate of the Institute of Bankers (CAIB (SA))
•
SAQA Designation ID: 473
• Fellow of the Institute of Bankers (FIBSA)
•
SAQA Designation ID: 474
• Associate of the Institute of Bankers (SA)
•
SAQA (recognition process underway) – 2013)
• Professional Banker (SA)
•
SAQA (recognition process underway – 2014)
• Chartered Banker (SA)
•
SAQA (recognition process underway – 2014)
CONNECT
IOB Connecting members
This will be achieved through:
• Membership which is open to individual and corporate
members
• Value added networks both locally and internationally
INFORM
IOB Informing members
This will be achieved through:
• Maintaining an informative and interactive website
• Keep members abreast of new regulations and developments in
the broader financial services field
• Conferences, seminars, workshops, member functions
• Endorsing relevant functions hosted by external vendors
BUSINESS PLAN 2013/2014
IOB Functional Structure
IOB Board
Sub Committees
•Academic Board
•Risk & Compliance
IOB
Chief Executive Officer
Office / Personal
Assistant
Projects
• SAQA
• NLRD**
• CPD**
**Funding required
Key:
Academic
Function
Functions in place (staffed / outsourced)
Projects
Functions & Roles required
Marketing &
Communications
Function
Operations
Function
Finance
Function
BUSINESS PLAN 2013/2014
IOB focus 2013/2014
The following key areas will be focussed on:
• Appoint a CEO
– (management of Marketing & Communications, Risk & Compliance)
• Appoint a head of the Academic Department
• Finance has been and will continue to be outsourced, with accountability to the
CEO
• Operations - develop policies and procedures for the Institute
• Projects will be established to:
– Upload members results on the NLRD- imperative for FAIS compliance
– Develop the high level CPD program
– Registration of three (3) additional designations
– Organise and run a ‘Banking in Africa’ conference for the AAIOB
• Host the AAIOB AGM in September 2014
DIRECTORS 2013/2014
Directors for 2013/2014
Outgoing Directors:
• Marietjie Ferreira - Absa
• Tom Marx - HSBC
• Gert Kriel – FNB Africa
The following Directors have made themselves available for re-election:
• Jalda Hodges- Independent FSP (Chairman)
• Dinesh Fakir- FNB
• Bulelwa Makasi- FNB
• Henk Potgieter- FNB
• Jacques Strydom- Nedbank
The following new Director has been nominated:
• Max Makhubalu- BankSeta CEO