The Association for Financial Professionals is pleased to welcome and congratulate the first group of Certified Treasury Professionals (CTPs) from the People's Republic of China. A global standard in the finance profession, the CTP credential is earned by meeting work experience and rigorous examination requirements that test an applicant's mastery of the knowledge required to execute critical functions related to corporate liquidity, capital and risk management.
"These individuals have demonstrated an expertise and commitment to the finance profession, and we are extremely pleased to welcome them into a community of over 20,000 individuals worldwide who have earned this distinguished certification," said Jim Kaitz, President and CEO of AFP.
Held in Beijing and Shanghai on August 22, 2009, the CTP exam was delivered in Chinese, and was the first time the CTP exam was not offered in English. Ninety-four treasury professionals passed the translated CTP exam.
The CTP exam in China is part of a pilot program with the Industrial and Commercial Bank of China, the world's largest bank. ICBC hired Kaplan Coinage to educate and prepare selected employees for the CTP exam. The Chinese version of the CTP exam currently is restricted to ICBC employees, but eventually will be opened to all candidates in China. In addition, Kaplan Coinage plans to expand the CTP training program to other major banks within China.
The Association for Financial Professionals (AFP) serves a network of more than 16,000 treasury and finance professionals. Headquartered in Bethesda, MD, AFP provides members with breaking news, economic research and data on the evolving world of treasury and finance, as well as world-class treasury certification programs, networking events, financial analytical tools, training, and public policy representation to legislators and regulators. AFP is the daily resource for treasury and finance professionals.
AFP's global reach extends to over 150,000 treasury and financial professionals worldwide, including AFP of Canada; London-based gtnews, an on-line resource for the treasury and finance community; and bobsguide, a financial IT solutions network.