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WRITTEN QUESTION TO THE MINISTER FOR EDUCATION, SPORT AND CULTURE
BY DEPUTY R.G. LE HERISSIER OF ST. SAVIOUR
ANSWER TO BE TABLED ON TUESDAY 25th APRIL 2006
Question
Would the Minister inform members how he is apprised of the training and development needs of the finance and allied industries, and what mechanisms exist, if any, to ensure that, where appropriate, action is taken in respect of current and emerging needs?
Answer
On Tuesday 28th February 2006, I responded to an oral question from Deputy Le Hérissier when he asked "Would the Minister outline what formal channels, if any, exist at a policy level so that the Minister and his department are apprised of the education and training needs of the finance industry?
My reply was as follows:
"The governing body of Highlands College, which is the main provider of further education and training in the Island, provides the formal link between the finance industry, the Minister and the Department for Education, Sport and Culture. One of the functions of the governing body is to advise on policy development and the nature of provision made by the College. A number of leading members of the finance industry are governors. The Chairman is the senior partner of Moore Stephens and a board member of Jersey Finance Limited. The Vice- Chairman is Deputy Director-General of the Financial Services Commission. Other members of the governing body who hold key positions in the finance industry are the Chief Executive of Jersey Finance Limited, the Manager of Banking Regulation with the Financial Services Commission, the Managing Director of UBS Jersey and former Chairman of the Jersey Bankers Association and the Managing Director of Citibank who is a member of the Jersey Bankers Association. In addition, the governing body has a sub-committee, the Jersey Business School Executive, chaired by the Chairman of Governors, which considers finance industry training needs and reports to the main board. The Department for Education, Sport and Culture and Highlands College were also members of the steering group of the Economic Development Department's research project into training needs of the finance industry carried out in 2004 and we look forward to working closely with the education and training committee to be established by Jersey Finance Limited, which will provide a further forum for discussing future training policy and training requirements. The finance industry has also been represented on policy reviews undertaken by Education, Sport and Culture. Thus, for example, the Chief Executive of Jersey Finance Limited was a member of the working group which reviewed the 14-19 curriculum and was also one of the members of the finance industry community consulted during the preparation of the Higher Education Review."