The Lee Shau Kee School of Business and Administration of Hong Kong Metropolitan University (HKMU) recently signed a Memorandum of Understanding (MoU) with The Institute of Financial Technologists of Asia (IFTA) and The Institute of ESG & Benchmark (IESGB) to support and foster talent development in the fields of financial technology (FinTech) and Environmental, Social and Governance (ESG).

The MoU was signed by the Dean of the School, Prof. Alan Au Kai-ming, and Chairman of the IFTA and Co-founder of the IESGB, Mr Paul Pong. Under the MoU, both parties will work together towards their shared commitment to promote the development of FinTech and sustainability. Key areas of collaboration outlined in the MoU include enhanced arrangements for internship and mentorship programmes, corporate and entrepreneur sharing, and visits to relevant sectors for HKMU students to broaden their perspectives on FinTech and ESG development. In addition, HKMU students and graduates will be entitled to join the IFTA membership programme and Certified Financial Technologist (CFT) programmes through promotional activities, student sponsorships, and so forth.

Addressing the ceremony, Prof. Alan Au explained that as a member of the United Nations' Principles for Responsible Management Education (PRME) Initiative, nurturing responsible, agile and innovative business leaders who can have a positive impact on society is at the heart of the School. “The FinTech industry, in particular, is uniquely positioned to adopt ESG principles and help businesses and organisations achieve sustainable development,” he said. “We are very grateful for the continuous support from the IFTA and IESGB in organising seminars and panel discussions with us, allowing HKMU students to engage with industry leaders and gain insights into the latest trends and issues in FinTech and sustainable development.”

Mr Pong also expressed his enthusiasm for the collaboration between HKMU and the IFTA and IESGB. “We firmly believe that the success of the industry hinges upon the collaborative efforts of academic institutions and industry associations, along with government support,” he said. “We are grateful for the unwavering support and dedication of HKMU, enabling the cultivation of a vibrant FinTech and ESG ecosystem and the nurturing of a strong talent pool. Together, we will forge ahead, embracing the opportunities and challenges of the FinTech and ESG landscape.”