The inaugural batch of the Award in International Wealth Management programme, jointly offered by Moody’s Analytics and PGP Academy and supported by HDFC Mutual Fund, concluded with the certification issuing session on April 2, 2024. The programme had a healthy mix of international and local perspectives, with coaches from North America, Europe, and India bringing in decades of experience and insights.

The Award in International Wealth Management, a foundational programme that includes a series of 20 live, online sessions designed to introduce participants to the wealth management industry, was attended by over 2700 wealth management professionals from over 200 cities and towns across India. Wealth managers joined in from not only India but also from Australia, Canada, Germany, Ireland, Italy, Nepal, Oman, Qatar, Singapore, Spain, Sweden, the United Arab Emirates, the United Kingdom, and the USA. The 2700 wealth managers, bankers, mutual fund distributors, registered investment advisors, and wealth coaches were joined by over 1100 employees of HDFC Mutual Fund, making this the largest ever learning initiative of this nature.

Speaking at the occasion, Ms. Marie Muldowney, Managing Director, Moody’s Analytics, congratulated all those who went through the four months of training and qualified for the certification. She added, “We, at Moody’s Analytics, are very pleased to have partnered with PGP Academy, led by Rahul Banerjee, to bring the best of our wealth management programmes to India and the region. Rahul has been an ambassador for us and a fierce believer that there is a need for a wealth management programme in India given the growing wealth and exponential growth of high-net-worth individuals.” Ms. Marie expressed her gratitude to Mr. Navneet Munot, Managing Director of HDFC Mutual Fund, and praised HDFC Mutual Fund for being at the forefront of supporting the initiative and helping bring it to many Indian wealth management professionals.

Mr. Navneet Munot, Managing Director of HDFC Mutual Fund, reaffirmed HDFC Mutual Fund’s commitment to the learning path and commended all the successful participants. Addressing the event, Mr. Munot added, “At HDFC AMC, we let every learning opportunity ignite a flame within us, one that really fosters curiosity and innovation. As an organisation, we aspire to be a learning machine that is driven by our vision to be the most respected asset manager in the world. It has been an honour for us to bring this first-of-its-kind programme by Moody’s Analytics and PGP Academy.”

Mr. Rahul Banerjee, Managing Director, PGP Academy, said, “India is on the cusp of the greatest wealth creation in her history over the next few decades as it marches into the league of economically developed nations. We will need wealth management professionals with cutting-edge knowledge and the appropriate skill set to further manage the ever-growing wealth of their clients. Moody’s Analytics is renowned globally for elevating the skills of financial services professionals. It is an honour for us to work with Moody’s to bring the best programmes to India and the region.

I thank HDFC Mutual Fund for the amazing support they have provided to the entire program. The commitment exhibited by HDFC AMC towards the learning-led growth of wealth managers is exemplary and shows why they are on track to become the most respected asset manager in the world.”

The session concluded with the certificates being issued and the announcement for the second batch of the Award in International Wealth Management learning program. HDFC Mutual Fund is supporting this batch of wealth management professionals as well.