could be said that we are looking for a new stability. cavour ’ s mastery at using the ties and influences he had to take into account to the country ’ s advantage is striking to everyone, not just historians ; and not only international ties and influences, which were extremely important for a leader of a second - tier european power, but also ones inside the diverse risorgimento movement. in fact, he also had difficult relations with italian democrats, who were supporters of the republic and of universal suffrage, distrustful and hostile towards him, and above all enjoyed more public support than him, but with whom he could not do without. he was able to make precise calculations, conscious of how important their support was, and struck essential compromises, while, for all intents and purposes, holding onto control of the political initiative. the necessity of a non - provincial culture for this strategy to be successful, it needed to be supported by a non - provincial culture. his was a european one, to an extent that was extremely uncommon for an italian politician of his day. this was also for family reasons : it is well known his mother was originally from geneva and, during his formative years, cavour would look beyond the alps, particularly at the political unrest 1 / 3 bis central bankers'speeches in france under louis philippe i and at british industry. through cavour ’ s actions, europe found an important channel for influencing the culture of the ruling class in piedmont under the savoy and then of unified italy. political progress is never separate from economic progress for cavour, progress in europe meant progress with the liberal agenda, in terms of both politics and economics. thus “ the political regeneration of a nation is never separate from its economic regeneration. when a people governed by a benevolent prince progresses in the way of civility, it must of necessity progress in wealth and material power. the conditions for the two kinds of progress are identical. ” ( cavour, influenza delle riforme sulle condizioni economiche dell ’ italia, risorgimento, 15 december 1847 ). from a more specifically political perspective, the freedoms of individuals and national unity were considered binding for liberals of cavour ’ s ilk ; it is from this that we get, among other things, the phrase “ civium libertati patriae unitati ” ( freedom of the citizens, unity of the land ), which was inscribed 50 years after unification at the

are offering five de la rue scholarships beyond economics to finance and actuarial science, areas in which we are building skills. from 2015, we will offer three de la rue scholarships. since 2007, we have spearheaded the national financial literacy program ( nflp ) to equip our citizens with the knowledge, skills and tools to make informed financial decisions. we are now transforming the nflp into an accredited training agency. one of the programmes of this new training agency will be a certificate in central banking that will provide our entry level staff with broad - based knowledge and understanding of monetary policy, financial supervision and reserve management. i firmly believe that ibf has a key role to play in helping to build our financial ecosystem in which finance professionals keep pace with skills challenges to the future. i am pleased to hear about ibf ’ s future initiatives for training in banking and finance, including online learning. but there is always more to be done. for instance, ibf can establish a set of industry standards for finance professionals that provide a clear road map for building their competencies, as they progress in their careers, across different jobs. such financial industry competency standards will also help to build a clear pipeline of talent and leaders in finance, so that our citizens can take advantage of the opportunities that a growing financial industry will create. ibf can also help to develop trinidadians for positions of leadership in tomorrow ’ s financial world. many of our industry pioneers and senior professionals have a wealth of experience to share. every year ibf bestows fellowship awards to stalwarts who ’ ve contributed to building the financial services industry. among those being awarded tonight are mr. carl hiralal who is the central bank ’ s current inspector of financial institutions, ms. suzanne roach, our current financial services ombudsman, and mr. wendell mottley a former minister of finance and current chairman of the unit trust corporation. the introduction of a wellstructured ibaf future leaders scheme can help to transfer knowledge from these current bis central bankers ’ speeches leaders to future leaders such as the graduating class tonight. such an ibf future leaders scheme would complement the succession planning schemes in individual financial institutions. clearly as trinidad and tobago emerged as the regional financial centre and has aspirations to become an international financial centre you, the graduating class of 2014, will perhaps have many opportunities, which will require you to continuously engage in lifelong learning. as the financial crisis of the last six years has taught us, there are no