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New directions for the new institute.(Securities Institute of Australia merges with Australian Institute of Banking and Finance)

Publication: Journal of Banking and Financial Services

Publication Date: 01-JUN-05
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COPYRIGHT 2005 Australian Institute of Banking and Finance

A vision of future sustainability, opportunity and relevance.

Following the successful merger of the SIA and the AIBF, both Institutes would like to express our gratitude to members for their foresight in overwhelmingly supporting our strategic repositioning for the future as one organisation.

As we have indicated to members in recent months, the merger will harness the membership, professional development and education strengths of both institutes to provide a more comprehensive range of services. This will enable us to more effectively meet the growing needs and expectations of our members and markedly improve the value of membership.

The merger will also enhance membership status and categories and provide greater opportunity for member participation in special interest groups and industry policy committees.

Now that the merger has been mandated we will work to develop a new brand and identity for the organisation. In the meantime we will operate under dual AIBF and SIA brands.

While the merger of any two organisations raises a number of strategic and operational issues, we are delighted that our board members have taken a strong interest in ensuring the effective integration of the two organisations.

Importantly, our organisations are different but very well aligned. Our missions are already very similar and this means that it should be a relatively straightforward task to ensure that we meet and, where possible, exceed, our combined members' needs post-integration.

Let's turn to some of the important questions that many of our members are likely to have about the new organisation:

* What are the key strategic priorities of the new Institute in the next 12 months?

* How will we protect the...

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