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- MoU aims to strengthen financial planning education, professional standards, and workforce readiness across India’s BFSI sector
- Collaboration to support skill development, enhance employability, and create a stronger talent pipeline for the benefit of the financial services industry
Mumbai, September 3rd, 2026: FPSB India, the Indian subsidiary of Financial Planning Standards Board Ltd., has signed a Memorandum of Understanding (MoU) with the BFSI Sector Skill Council of India (BFSI SSC) to promote financial planning education, strengthen professional standards, and support talent development across India’s Banking, Financial Services and Insurance (BFSI) sector.
The MoU was signed by Ramesh Vishwanathan, CEO, FPSB India, and Rishi Dhariwal, CEO, BFSI Sector Skill Council of India (BFSI SSC) at the BFSI SSC office in Mumbai. The signing ceremony was attended by senior leadership from both organisations,
During the meeting, the leadership teams exchanged views on the growing importance of financial planning in India’s evolving economic landscape and the need to build greater awareness around career opportunities within the profession. Discussions also focused on entrepreneurship, continuous learning, and the importance of developing industry-ready professionals who can contribute to the long-term growth and resilience of the financial services sector.
By bringing together FPSB India’s expertise in advancing the financial planning profession and BFSI SSC’s experience in skilling and workforce development, the association seeks to create opportunities that benefit learners, young professionals, and the broader industry. The two organisations will explore initiatives spanning education, professional development, industry engagement, career awareness, and capability building.
Commenting on the partnership, Ramesh Vishwanathan, CEO, FPSB India, said:
“Financial decision-making is becoming increasingly complex for individuals and families, making access to competent and ethical financial planning more important than ever. To meet these evolving expectations, the sector requires professionals who possess not only technical knowledge but also a deep understanding of client needs and long-term financial outcomes. This association represents an opportunity to encourage greater participation in the financial planning profession and support the development of capabilities that are relevant in today’s dynamic environment. We believe such collaborations can play a meaningful role in elevating professional standards and creating a stronger foundation for the future of financial planning in India.”
Speaking on the occasion, Rishi Dhariwal, CEO, BFSI Sector Skill Council of India, said:
“India’s financial services landscape is witnessing significant growth and transformation, creating diverse opportunities for professionals across banking, insurance, wealth management and fintech. As roles evolve, there is a growing need to ensure that aspiring professionals are equipped with practical knowledge and competencies that align with industry expectations. We see this collaboration as an opportunity to facilitate learning pathways, encourage professional growth and help individuals build rewarding careers within the financial services sector. By working together, we can contribute to a more capable workforce that is prepared for the opportunities and challenges of tomorrow.”
As the BFSI sector continues to transform, there is an increasing need for professionals who combine technical expertise with a strong understanding of consumer needs and ethical practices. Through this collaboration, FPSB India and BFSI SSC aim to support the development of a skilled talent pool, foster professional excellence, and contribute to a stronger and more future-ready financial services ecosystem for the benefit of the industry and society at large.
About FPSB India
FPSB India is the Indian subsidiary of Financial Planning Standards Board Ltd. (FPSB), the global standards-setting body for the financial planning profession and owner of the international CERTIFIED FINANCIAL PLANNER certification program. For more information, visit india.fpsb.org
About FPSB Ltd.
FPSB manages, develops and operates certification, education and related programs to benefit the global community by establishing, upholding and promoting worldwide professional standards in financial planning. FPSB demonstrates its commitment to excellence with the marks of professional distinction – CFP, CERTIFIED FINANCIAL PLANNER and CFP Logo Mark – which it owns internationally. FPSB and its global network of organizations certify CFP professionals in 29 territories. CFP professionals are certified in Australia, Austria, Brazil, Brunei, Canada, Chinese Taipei, Colombia, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Macau, Malaysia, the Netherlands, New Zealand, People’s Republic of China, Republic of Korea, San Marino, Singapore, South Africa, Switzerland, Thailand, the United Kingdom and the United States. There are 236,300 CFP professionals worldwide. For more, visit fpsb.org
FPSB owns the CFP, CERTIFIED FINANCIAL PLANNER and (the CFP Marks) outside the United States, and permits qualified individuals to use the marks to indicate that they meet FPSB’s initial and ongoing certification standards and requirements. CFP professionals may use the CFP marks in the territory or region in which they are certified.
About CFP Certification
CFP certification is the global symbol of excellence in financial planning and represents financial planners who commit to standards of competency and ethics, and to putting clients’ interests first. The CERTIFIED FINANCIAL PLANNER credential represents financial planning professionals who commit to better serving their clients through rigorous international standards, ethical practices and lifelong learning.
CFP Certification Global excellence in financial planning™
