BAKU, Azerbaijan, June 25. Demand for financial
sector specialists will continue to grow, CEO of the Chartered
Insurance Institute of the UK Matthew Hill said at the Azerbaijan
International Insurance Forum held in Baku, Trend's correspondent
reports from the event.
According to him, professionalism in the financial services
sector must evolve alongside changes in the world, and the growing
demand for specialists requires a more open approach to attracting
new talent.
"A profession is a group of people trusted by the public.
Professionals possess specialized knowledge and adhere to a value
system or code of ethics that serves a broader societal purpose,"
said Hill.
He noted that traditionally, high levels of professionalism were
achieved through membership in professional organizations,
obtaining qualifications, and adhering to professional ethics.
"The existing model must adapt to new realities.
One of the key drivers of this change is the growth of
prosperity worldwide. Over the past decades, average incomes have
risen significantly, hundreds of millions of people have escaped
extreme poverty, and access to goods, services, education, and
healthcare has expanded significantly.
Today, people around the world need more financial services and
more qualified specialists than ever before," said Hill.
He reported that in all the countries he visits, the issue of
access to talented personnel remains one of the most discussed
topics.
"From London to Hong Kong, the skills shortage is the most
frequently raised issue at meetings. This means the financial
services professional community must more actively attract new
talent and create conditions for new professionals to join, while
maintaining the high standards that build public trust.
Demand for financial sector specialists is growing and will
continue to grow," he added.
