IAPM
President Address
Before I begin, permit me to pay glowing tributes to the founding fathers of this great Association over 32 years ago on who foresight to accelerate development in the financial market especially in the area efficient management of investment of pension funds. Some of those founding father who are still living are with us today as the Chairman of this occasion, Chief Dr. Ajibola Ogunshola, second President of the Association after the founding President, the great board room guru, Late Dr. Gamaliel Onosode and ofcourse Council member who is also revolutionary leader of the Association and later served as the Executive Secretary of the Association during it re-engineering process, Mr. R. K Tukuru FCA.
The Association, known as Association of Pension Funds and Investment Managers at the inception was formed primarily with the object of protecting the real purchasing power of the contributors into the pension funds and other long term investment savings in the area of tax implications on such funds in line with the global acceptable standards and high standards of probity and competence in the management of Pension fund and to this end provide the manpower needs in the management of pension funds.
Over the last 33 years in its formation in 1981 the Association has growing to a body of investment and financial professionals at the forefront of the vanguard to champion global best practices and discipline and in entrenching professionalism in the practice of investment management and financial advisory in the financial system and with the rebranding of the Association operations in 2009 not only the name of the Association has to be changed to Association of Investment Advisers and Portfolio Managers (IAPM) to represent the broad base of its members who are not pension managers alone but operators in the capital market also broaden its operations and training programmes into a wider sphere of finance and investment management.
As the cardinal objective of the Association to provide qualitative professional manpower training in the financial industry, IAPM in collaboration with the University of Lagos started the University senate approved Diploma course in Pension funds Administration and Investment and later commenced an intensive training programme in Investment Management leading to the Associate of the institution for those who passed the qualifying exams and fulfil other requirements of the Association Governing Council. With these laudable initiatives, IAPM has raised the bar of pragmatic learning by the immediate expansion of its faculty in the delivery of high standard training programmes in the advisory and portfolio management spheres. However, through all the years of its existence and value driven services, the association’s objectives have been steadfast along the following key focus areas:
1. Provision of advisory services for the efficient management of Pension and similar Trust Funds;
2. Co-ordination of the investment activities of members and facilitation of the exchange of information to their mutual advantage as well as that of their clients;
3. Education of members and other interested publics in the intricacies of Pension and Investment management matters for enhanced proficiency and;
4. Promotion, support and expression of opinion on legislative matters or other issues affecting the aforesaid objectives.
The Association, known as Association of Pension Funds and Investment Managers at the inception was formed primarily with the object of protecting the real purchasing power of the contributors into the pension funds and other long term investment savings in the area of tax implications on such funds in line with the global acceptable standards and high standards of probity and competence in the management of Pension fund and to this end provide the manpower needs in the management of pension funds.
Over the last 33 years in its formation in 1981 the Association has growing to a body of investment and financial professionals at the forefront of the vanguard to champion global best practices and discipline and in entrenching professionalism in the practice of investment management and financial advisory in the financial system and with the rebranding of the Association operations in 2009 not only the name of the Association has to be changed to Association of Investment Advisers and Portfolio Managers (IAPM) to represent the broad base of its members who are not pension managers alone but operators in the capital market also broaden its operations and training programmes into a wider sphere of finance and investment management.
As the cardinal objective of the Association to provide qualitative professional manpower training in the financial industry, IAPM in collaboration with the University of Lagos started the University senate approved Diploma course in Pension funds Administration and Investment and later commenced an intensive training programme in Investment Management leading to the Associate of the institution for those who passed the qualifying exams and fulfil other requirements of the Association Governing Council. With these laudable initiatives, IAPM has raised the bar of pragmatic learning by the immediate expansion of its faculty in the delivery of high standard training programmes in the advisory and portfolio management spheres. However, through all the years of its existence and value driven services, the association’s objectives have been steadfast along the following key focus areas:
1. Provision of advisory services for the efficient management of Pension and similar Trust Funds;
2. Co-ordination of the investment activities of members and facilitation of the exchange of information to their mutual advantage as well as that of their clients;
3. Education of members and other interested publics in the intricacies of Pension and Investment management matters for enhanced proficiency and;
4. Promotion, support and expression of opinion on legislative matters or other issues affecting the aforesaid objectives.