City Corporation Policy Chair travels to India to promote UK strengths post-Brexit

Tuesday 28th January 2020 13:27 EST
 

The City of London Corporation’s Policy Chair Catherine McGuinness visited India from 27 to 28 January 2020 to discuss future relations with the UK in financial services.

The political leader of London’s historic ‘Square Mile,’ or financial district, traveled to Delhi and Mumbai for meetings with senior government and industry leaders to discuss how to boost relations and knowledge sharing in emerging common challenges like cyber security, green finance, and fintech. She met with representatives from the BSE stock exchange and Federation of Indian Chambers of Commerce & Industry (FICCI), as well as the Secretary of the Department for Water, the Insolvency and Bankruptcy Board of India and the Ministry of Corporate Affairs.

During the visit the Policy Chair also held discussions on how the City Corporation can play a role in helping support women in India’s financial services sector. Collaborating with organisations and female leaders in both countries, conversations focussed on how to support women in the industry with training, mentoring and a network that will accelerate their development to leadership. She chaired a meeting of the City of London Corporation’s India Advisory Council, a group of senior figures from Indian financial services that helps guide work in the country.

The visit also aimed to highlight the fundamental strengths of London and the UK’s financial sector.  

Catherine McGuinness, Policy Chair at the City of London Corporation, said: “India and the UK may be rivals when it comes to cricket, but off the pitch relations between our two countries continue to blossom.

“We have long recognised that a closer partnership with India is an attractive proposition for both countries, especially so if it covers financial services. There are many things we can do prior to a potential free trade agreement to boost our £20 billion plus relationship, especially in innovative areas like fintech, green finance, cyber security and insurance..."


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