Compagnie Monégasque de Banque has celebrated the first graduation from its “Academy Women & Finance” where all twenty participants were awarded a diploma.
In 2016, Marie-Hélène Parisi founded the CMB Academy, an educational programme aimed at empowering female clients to assume responsibility for the management of family wealth.
The training programme makes CMB a pioneer in this field, the bank said. “It is the first Private Bank to offer such a structured academic programme to its clients,” Werner Peyer, CEO of the bank, said.
The nine modules completed by the participants in the one-year course have enabled them to take on a leading role in managing family wealth. The topics included financial markets, asset allocation, credits, and behavioural finance, which were covered in 27 hours of lessons.
“Our students are highly motivated,” said Ms Parisi. “Their desire to learn and their ability to understand complex mechanisms have made this first session a real success.”
The Quatuor Jaëlle, a female string quartet provided the musical background on the occasion, playing pieces of Mozart and Ravel. CMB supports the Quatuor Jaëlle and is also official partner of the Philharmonic Orchestra of Monte-Carlo.
CMB will continue to further investigate educational needs and will start its second session of the CMB Academy Women & Finance series next month.