CMA offers training, job opportunities in insurance

Muscat: The Capital Market Authority (CMA) offered a package of training programmes and employment opportunities during its participation in the Employment and Training Exhibition 2022 from March 28-30 organised by Sultan Qaboos University which is an annual event availing to government and private sector institutions to present employment and training opportunities for job seekers and students.

CMA takes part in the interactive event on employment and training opportunities to highlight its Omanisation initiatives and programmes in professions and positions in insurance companies and capital market institutions.

CMA participated in Tamkeen initiative that aims at enhancing Omanisation in senior and medium managerial and operational positions further to introducing Taheel initiative for the graduates of accounting and finance for training in internal audit for one year coupled with employment during the training period.

CMA presented this year 33 long term training opportunities in insurance companies. The relevant specialisations are in the fields of law, management, information technology and accounting as part of an integrated plan to qualify the national cadres to enhance their skills and aptitude to be able to compete to take the best positions to achieve the targeted Omanisation ratios. On other hand, CMA avails the event to introduce to the graduates of accounting and finance its Taheel initiative for training as internal auditors for one year and assisting the trainees who successfully pass the final exam to obtain employment.

It is worth noting that the Tamkeen initiative contributed to increasing the Omanisation ratio to 82.8 per cent. Omanisation in operational roles increased to 88.78 per cent and in medium professional and managerial roles to 76.38 per cent from about 258 per cent in 2017.

Taheel initiative trained 26 graduates of finance and accounting in internal audit. Nineteen trainees obtained certification in internal audit and nine obtained employment in accounting and audit firms. Registration in the second batch will be announced by mid-year.