The World Partners in Asset Management (WPiAM) Board last week unanimously decided to admit Āpōpō as a Partner Organisation. Āpōpō’s President, Gary Porteous, says we are very excited to join WPiAM and expand our professional asset management global connections.

What is WPiAM?

WPiAM is a worldwide partnership, established in late 2014, of national non-profit professional associations working together to enable individuals and organisations to develop, assess and recognise competence in Asset Management, for the benefit of their members and of the asset management community globally.  The Founding Partners are GFMAM members, but Partnership can include other organisations that meet the WPiAM selection criteria (read their statement on the difference between WPiAM and GFMAM here).

The WPiAM operates with a Board of Directors formed by a Board Representative from each of the Partner Organisations and a Management Company to administer and manage the CAMA Certification, Global Certification Scheme and associated administrative functions. Their purpose is: To enable organizations and industry to develop, assess and recognize competence of individuals in Asset Management globally.

What does this mean for Āpōpō?

Being a Partner of WPiAM means Āpōpō is actively supporting the development and maintenance of global asset management practice standards and assessment of competence in their application.  We anticipate taking to the world our own experience and making it simple for our members to navigate a career path enabled with formal and globally recognised certifications and accreditation.

We are joining eight other national non-profit professional associations across the globe, who are working together with the values of: integrity; duty to the global asset management community; and collaboration.

What does this mean for Āpōpō members?

In time, Āpōpō is aiming to issue WPiAM certifications in parallel with our own Asset Management Chartered Professional (AMCP) accreditation, providing members with dual transferrable competency recognition for both their valuable global knowledge and their practice of asset management here in Aotearoa New Zealand.  We plan on encouraging employers and specifiers to require accredited professionals to be engaged to carry out asset management work so as to lift the credibility and effectiveness of meeting their obligations as infrastructure asset owners.

For more details, you can visit the WPiAM website here.

We are very excited to join WPiAM, and for the benefits it will bring our members. We have had a strong few months of deepening our global connections – including joining the Global Forum on Maintenance & Asset Management GFMAM, Past-President Priyani de Silva-Currie being elected Vice President of the International Federation of Municipal Engineering (IFME), and signing a fresh MOU with the American Public Works Association (APWA).

We really value this new connection, and look forward to working as a partner of WPiAM to bring asset managers in Aotearoa New Zealand best practice from around the globe.