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Press Release

February 13, 2017

Kaplan Acquires Genesis Institute to Further Facilitate Training and Development in the Middle East

Mark Harrad

Kaplan, Inc.

Newly formed Kaplan Genesis to offer CFA® and leadership and professional development programmes in Middle East

DUBAI, United Arab Emirates (February 13, 2017) — Global training and education company Kaplan has acquired Genesis Institute. The deal was signed at the Genesis headquarters in Dubai by Kaplan UK Chief Executive Officer Peter Houillon and Binod Shankar, Managing Director of Genesis Institute. The terms of the deal were not disclosed.

Genesis and its team will trade under the name Kaplan Genesis and will continue to be based in Dubai and operate across the Gulf Coast Countries (GCC). It will now be able to integrate the world-class Kaplan Schweser CFA® materials into its already exceptional CFA programmes. The organisation will also offer preparation for other financial and business qualifications, as well as leadership and professional development programmes for corporations.

Peter Houillon, Chief Executive Officer of Kaplan UK, said: “The combination of Kaplan’s distinguished learning heritage and global reach with the Genesis brand and local expertise provides exciting opportunities to build a highly competitive offering. Many of Kaplan’s UK and US clients, already with a significant presence in the region, will benefit from our combined expertise and global network.

Andrew Perkins, Global Director of Kaplan Leadership and Professional Development, said: “At Kaplan, we approach learning and development differently: we combine the development of technical competence and behavioural confidence that enables better decision making by individuals, team and organisations. We will now tailor these programmes to support the development of regionally based talent for our GCC, UK and US clients.”

Binod Shankar, Managing Director of Genesis, said: “Being part of Kaplan gives us the resources and infrastructure to enhance the fantastic student experience we have worked hard to create at Genesis. This is great news for our current and future students.”

About Kaplan

Kaplan is a leading international provider of training and education services operating in more than 30 countries and working with over 2,600 corporations and businesses. Kaplan’s vast breadth and scope and distinguished heritage going back almost 80 years sets it apart from its competitors.

Kaplan Professional Education helps professionals obtain and maintain in-demand certifications, licensing and designations that enable them to advance and succeed in their careers. Through live and online instruction, Kaplan Professional Education provides test preparation, licensing, continuing education, and professional development programs to businesses and individuals in the accounting, insurance, securities, real estate, financial planning, and information technology industries.

About Genesis Institute

Genesis Institute, founded ten years ago, leads the CFA examination market in the UAE and is a leading provider of financial training solutions. It was set up by highly qualified and experienced professionals who are passionate about the delivery of relevant, high quality and effective financial education.

Genesis Institute’s innovative programs are structured to combine the right balance of practical case studies and insights from business reality to hone both the skills and knowledge of participants. Genesis offers a wide range of courses for Finance and Non-Finance Professionals working at entry, mid-career, or senior level positions.

Press contacts:

Kaplan Genesis:
For the US
Derek Burkett, +1 (608) 779 5599 ext. 2616 (office)
1 (817) 889 5821 (mobile)
VP Product Management
For the UK
Andrew Perkins, +44 (0) 7768 876 255
Director, Leadership and Professional Development
For the GCC
Kaplan Genesis
Binod Shankar, +971-527775611
Managing Director
Press Queries:
Hassan Ally (Dubai), +971 4 5546184
Elizabeth Hess (UK), +44 (0) 7983 435 705
Mark Harrad (US), + 1 212 974 6231

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