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03 August 2021 | Story Dr Nitha Ramnath | Photo Sonia Small (Kaleidoscope Studios)
Prof Hendri Kroukamp.

Prof Hendri Kroukamp, Dean of the Faculty of Economic and Management Sciences at the University of the Free State (UFS), has been selected as the 2021 recipient of the Donald C Stone Award from the International Association of Schools and Institutes of Administration (IASIA). The award pays tribute to individuals who have made outstanding contributions to IASIA through excellence in leadership and enhancing the image of the profession, as well as other distinguished service to the success of the organisation. The award followed a call for nominations and a recommendation process managed by the Stone Award Selection Committee, after which the Management Board endorsed the award to Prof Kroukamp for his contributions to the organisation and to the advancement of public administration in the world.

“I am humbled by the gesture; it is a real honour to receive the award. For me, this is a validation of the work that members of the organisation do to find solutions to the problems faced across all levels in the public sector,” says Prof Kroukamp. 

A dedicated public servant, Donald C Stone was the founder of the American Public Works Association. He is popularly recognised for his contribution to the implementation of the Marshall Plan, organising the executive office of the President of the United States, and the formation of action-oriented professional associations that serve global society. In 1961, Prof Stone was the founding member of the International Association of Schools and Institutes of Administration, an association of organisations and individuals whose activities and interests focus on education and the training of public administrators and managers.  IASIA is an entity of the International Institute of Administrative Sciences (IIAS). 

More about Prof Kroukamp
Prof Kroukamp is currently Dean of the Faculty of Economic and Management Sciences at the UFS (in 2018, he acted as Vice-Rector: Academic at the UFS, responsible for, inter alia, providing strategic leadership to the university and for the overall operational management of the academic portfolio of the university). He is a National Research Foundation (NRF)-rated researcher in the field of public administration and management, and a member of various national and international associations, editorial boards, and management boards. Prof Kroukamp is married to Tertia, a clinical psychologist, and they have two children, Dinki (29 years) and Hendri (27 years).

News Archive

Academic addresses financial planning leaders at world summit
2010-05-04

Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law at the University of the Free State (UFS), addressing financial leaders at the World Financial Planning Summit.


Adv. Wessel Oosthuizen, Director of the Centre for Financial Planning Law at the University of the Free State (UFS), is chair to four Financial Planning Standards Board (FPSB) expert panels that guide the global Certified Financial Planning (CFP) certification programme. At the recent World Financial Planning Summit, held in Taipei in China, he challenged a group of global financial planning leaders to support the formation of a global financial planning body of knowledge with sustainable career-path development opportunities.

He said: “For financial planning to be recognised as a distinct professional practice and a global profession, the financial planning community must establish a universal body of knowledge that is supported by applicable in-depth research.

“We need to establish how professional bodies should collaborate with academia to integrate a more competency-based education and training environment that combines theory with practice. Fostering and promoting comprehensive research in financial planning topics is another key challenge that must be addressed in order to develop a tertiary knowledge framework for the financial planning profession.”

Adv. Oosthuizen, who is playing a big role in providing consistent and rigorous education and assessment tools for financial planning in 2010, said that a bachelor’s degree should be a compulsory minimum requirement for practising financial planners.

About the learning curve between the academic and work environments in the financial planning profession, Adv. Oosthuizen said: “Implementing a career-path model that supports a more structured approach to apprenticeships and supervised practice would complement a specialised financial planning body of knowledge and provide entrants to the profession with the necessary theoretical knowledge and practical experience to offer competent and ethical financial planning.”

The World Financial Planning Summit engaged global leaders of more than 17 financial planning standards-setting bodies, as well as regulators, financial planning educators and other invited guests in a dialogue about the steps needed to gain recognition for financial planning as a distinct, global profession.
 

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