The UK Securities & Investment Institute (SII) will open an office in Mumbai, India, onn Thursday of this week.
The SII says the office is being established to accommodate the growing number of UK-based financial services firms which are offshoring their operations staff to India and require them to work to the same standards and levels of competence as their UK counterparts.
The SII Mumbai office is based in the Commodities Exchange and SII has appointed a local Client Liaison Manager, Arwa Tapia.
Tapia qualified as a Chartered Accountant in India with Deloitte and Touche. She spent a large part of her career in London as an auditor for Deloitte in the Financial Services sector working with leading UK based insurance clients. Following this she joined Aviva in Group Finance and was actively involved in the Aviva Group’s solvency reporting and regulatory change programme.
“We are delighted to be opening our India office in Mumbai and very pleased that Arwa is joining us,” says Ruth Martin, Managing Director of the Securities & Investment Institute. “Our member firms have made it clear that the training and competence levels of their staff in India is paramount to maintaining high standards of customer service. For example, our member firm the global company International Financial Data Services (IFDS), is one of several firms which has put a number of its staff through our qualifications and training programme.”