Thursday, June 27, 2013

BWI: Mr. PH Ravikumar is First Ever Indian Recipient of Honorary CISI Fellowship

Press release from Business Wire India
Source: The Chartered Institute for Securities & Investment (CISI)
Thursday, June 27, 2013 12:30 PM IST (07:00 AM GMT)
Editors: General: Consumer interest, Economy, People; Business: Accounting & management consultancy services, Advertising, PR & marketing, Banking & financial services, Business services, Education & training, Financial Analyst, Major diversified industrial groups
Mr. PH Ravikumar is First Ever Indian Recipient of Honorary CISI Fellowship

Mumbai, Maharashtra, India, Thursday, June 27, 2013 -- (Business Wire India) -- The Chartered Institute for Securities & Investment (CISI) is pleased to announce that Mr. Puranam Hayagreeva Ravikumar has been awarded Honorary Fellowship of the CISI.

Honorary Fellowship, which carries the designatory letters FCSI(Hon), is awarded by the Institute Board to those who have contributed with distinction to financial services and to the CISI. The Institute now has 51 Honorary Fellows out of a total membership of over 40,000 worldwide including the late Lord George of St Tudy, former Governor of the Bank of England, Sir Hector Sants, former CEO of the FSA, Angela Knight CBE and formerly CEO of the British Banker's Association, Xavier Rolet, Chief Executive of the London Stock Exchange and HE Abdullah Al-Turifi, Chief Executive of the UAE Securities and Commodities Authority (SCA).

Mr. Ravikumar, President of the CISI National Advisory Council India, has 41 years of financial sector experience with exposure at top/senior management levels. He was appointed Managing Director and Chief Executive Officer of the National Commodity & Derivatives Exchange, Mumbai after a professional banking career of over 32 years with the Bank of India and the ICICI group. He was a Senior Executive Vice President at ICICI Bank overseeing corporate banking. For six years he was with the Bank of India's Paris branch where he received an award for excellence in his professional from the French Chamber of Commerce, Industry and Economy. He is a member of several national level policy/regulatory committees set up by the Government of India and an associate member of the Indian and British Institute of Bankers.

Mr. Ravikumar is the first Indian person to receive a CISI Honorary Fellowship.

Simon Culhane, Chartered FCSI and CISI CEO said: "We are delighted to award our highest accolade to Mr Ravikumar as a valued CISI supporter and to welcome him to our elite group of ambassadors."

Of his appointment, Mr. Ravikumar said: "At the outset I am overwhelmed by the gesture of the CISI Board to nominate me as part of a small group of professionals as Honorary Fellows of the Institute. My sincere thanks to the Board of the Institute and you as its Chief Executive for this gesture. I am honoured and humbly accept this nomination. I am happy to be associated with the Institute in all its endeavours in seeking to promote knowledge and integrity in financial services - needed somewhat in a higher degree in the current context of events."

The CISI has an established office in India that supports on-going growth in CISI qualifications and membership. The Institute recognises the demand for qualified and competent candidates to support India's growing financial services industry. It endeavours to help individuals and firms to attain and maintain high standards of competence, behaviour and integrity.

Chartered Institute for Securities & Investment

The CISI's mission is to help members attain, maintain and develop their knowledge and skills and to promote the highest standards of ethics and integrity in the securities and investment industry.

Based in the City of London, the CISI is a global organisation with representative offices in financial centres such as Dublin, Singapore, Dubai, Mumbai and Colombo. We work in close cooperation with regulators, firms and other professional bodies worldwide.

With its 40,000 worldwide membership, the CISI is the professional body which sets examinations and offers qualifications for those working, or looking to establish a career in, the wealth management and capital markets industry.

Lora Benson, The Chartered Institute for Securities & Investment, +44 20 7645 0662, +44 7801 521034,


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