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Profile of an Investor Relations Practitioner
IRPs come from both different academic and professional
backgrounds. Some began their careers in IR after having worked
as stock analysts or in investment-related industries, while others
entered the industry as former financial journalists. Increasingly,
many polytechnic and university graduates have also found entry-level
positions in investor relations. Senior IRPs tend to have eight
or more years experience in this or related fields, and would have
also represented companies from a variety of industries.
Elements of a successful Investor Relations Practitioner
In order to be a successful IRP, you must possess
both communication and marketing skills, and also a good understanding
of financial markets and how they operate. Additionally, you should
have the capability of dealing with stock analysts, media personnel,
bankers, lawyers, accountants, fund managers, and institutional
investors. IPRs should also have a working knowledge of public affairs,
local politics, and a comprehensive perspective of national issues
and their impact. Typically, they would also have an understanding
of the regulations and requirements of different exchanges. This
knowledge helps to assure that the rules of disclosure are strictly
adhered to.
The Practice of Investor Relations in Singapore
With the establishment of the Association of Investor
Relations Practitioners (http://www.airpap.com/)
(AIRP) in Singapore, it is evident that the industry is in fact
growing. One of their objectives is to foster best practices and
enhance ethical and professional standards in the practice of investor
relations. To ensure a minimum standard of new entrants into this
industry, the AIRP will certify candidates that have successfully
completed the Certified Practitioner of Investor Relations (CPIR)
Programme. This six-month programme, offered by APEC Business Exchange
(http://www.apecbizex.com/),
will equip candidates with practical knowledge of finance, communications,
and marketing that is required of an IRP. In addition, certified
candidates who join the AIRP will be able to attain international
portability as the AIRP is a member of the International Investor
Relations Federation (http://www.iirf.org),
headquartered in London.

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