Association of Financial Advisers GM Member Services, Partnerships and Campus Nick Hakes has been appointed Vice-Chairman of the Asia-Pacific Financial Services Association’s International Certifications & Standards Board.

It comes as the Asia-Pacific association signs a memorandum of understanding with the European Financial Planning Association (EFPA).

This starts a process for the EFPA to formally recognise the Asia-Pacific association’s Fellow Chartered Financial Practitioner (FChFP) designation.

“The agreement will effectively extend the global footprint of the FChFP designation,” Mr Hakes said. “With its focus on balancing academic studies with applied practice development, the FChFP is a very highly recognised and respected designation across the world.”

The agreement also involves recognition of the EFPA’s professional designation by the Asia-Pacific association.