FERG signs MoU with Hayford Integrated Training Institute

The Foreign Exchange and Remittance Group (FERG), comprising 54 leading exchange houses in the UAE, has signed a Memorandum of Understanding (MoU) with the Hayford Integrated Training Institute. This strategic partnership aims to deliver high-quality training programs to employees within FERG’s member exchange houses.

The MoU was signed between Mohammed Al Ansari, Chairman of FERG and Raju Menon, Chairman of Hayford Integrated Training Institute. Shamil Mohasin, Administration Manager of FERG and Komal Jajoo, Co-founder and Partner of Hayford Integrated Training Institute, were also present at the signing.

Komal Jajoo says: “We are delighted to join forces with FERG to address the training requirements of exchange houses throughout the UAE. This Memorandum of Understanding marks the beginning of a partnership to strengthen the training delivered to exchange house employees. Our institute boasts a distinguished number of luminaries, many of whom have served as key decision-makers in regulatory bodies, senior banking positions and board memberships.”

FERG regularly conducts training and seminars for its member organizations to provide the latest developments in the financial sector. This guarantees standardized knowledge-sharing practices across all member organizations, to ensure effective exchange of up-to-date information and new insights.

Under the MoU, the Hayford Integrated Training Institute will assign its highly experienced trainers and faculty members to conduct a series of training programs aligned with FERG’s chosen topics. FERG will closely monitor the training projects to ensure quality control; the training devised by FERG ensures the exchange houses adhere to the Central Bank of the UAE’s mandated training requirements.

For more details visit http://ferg.hayfordlearning.com/