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Why Strengthening the Financial Sector in Qatar is Important Post COVID-19

Thursday, October 8, 2020/ Editor -  


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Qatar Finance and Business Academy is announcing the release of the second cohort of Al Azm for the banking sector
To empower the financial sector after the challenges of COVID-19
After the great success of the first initiative


Doha, Qatar, [8 October] – QFBA is announcing the launch of Al Azm 2nd cohort to help empower the banking sector after COVID-19. It includes a set of specialized training programs. It is noteworthy that the first initiative was launched at the peak of the COVID-19 crisis and it targeted the business sector to enable it to deal efficiently with the challenges at the time. Four hundred and fifteen participants have benefited from these programs, including business owners, corporate employees, and others participating in various vital economic fields.

Commenting on the training programs for Al Azm 2nd cohort QFBA Professional Training Director Mr. Abdullah Al Jumaili, said: “Given the significant impact of the banking sector on the local economy, the training programs for Al Azm 2nd cohort are specifically designed to develop professionals who are able to provide qualitative additions for this sector to assure best practices in recovery and move towards more stable and adaptive stages of the crisis and to ensure opportunities for excellence in business and service continuity in those circumstances. What distinguishes these programs is that they were initiated during challenging times for the banking sector to help restore its strength and deal with the effects of the COVID-19 crisis. The programs of this cohort were designed to meet important priorities of banks, and based on the need assessment, which was carried out in cooperation with banks to  empower competencies and provide the necessary support to overcome these challenges.”

Qatar Finance and Business Academy is an educational and professional development institution, established in 2009, specialized in training employees working in the financial services sector in Qatar and provides higher education for students and graduates wanting to pursue a career in finance. The Academy believes that such an investment is a key strategy to support a modern economy. It aims to raise the standards of the financial services industry and help organizations, professionals and students achieve their  commercial, professional development and educational goals through building capacities and contributing to Qatar National Vision 2030, empowering competencies in the field of financial services in the country, as well as supporting regulatory bodies in designing and providing international certification programs and providing a high-quality training experience for professionals.


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