NBO bolsters 10-year tie with CFA to advance Oman's banking sector
September 18, 2019 | 5:00 PM
by Times News Service
NBO and the CFA Institute share a common goal in equipping the next generation of young professionals with the needed skills and expertise.

Muscat: In a meeting of minds, Acting Chief Executive Officer of National Bank of Oman (NBO), Sayyid Wasfi Jamshid Al Said, recently received Chartered Financial Analyst Institute (CFA) Chief Executive Officer Paul Smith at the bank’s headquarters in Azaiba.

The meeting reinforced the long-lasting partnership between the two entities with plans to sign a MoU for future workshops with NBO’s Academy of Excellence, in addition to raising awareness on the latest practices in the banking industry.

“NBO and the CFA Institute share a common goal in equipping the next generation of young professionals with the needed skills and expertise to embrace the future head-on,” said Sayyid Wasfi Jamshid Al Said. “The growth of any industry depends on the people behind it, and at NBO we strongly believe in the power of people and what are they capable of achieving both individually and collectively.” He added, “We enjoy a solid and fruitful relationship with CFA and we look forward to working closely with them as they further develop their Oman Chapter.”

Paul Smith commented, “We are thrilled to be strengthening our presence in Oman, as we strive to empower more and more Omani professionals to reach their full potential. Our relationship with the National Bank of Oman has been instrumental in our endeavours and without its unrelenting support over the past decade; CFA Oman would not be where it is today.”

The CFA Institute is considered the largest association of investment professionals in the world and to date has developed over 70 CFA Charter holders and members in Oman. For over ten years, it has championed the global education and professional development body in Oman as part of its role as a key driver of nurturing Omani talent.

Most recently NBO extended its support by sponsoring Oman’s Fourth Chartered Financial Analyst, CFA Charter Award 2019 ceremony, where 15 investment experts were presented with certificates declaring them CFA Charter, in addition to 19 being recognised for completing level 3 examination. Through such initiatives, as well as training and development programmes, campaigns, and scholarships, the bank has helped to enrich the talent pool of the Sultanate, create employment opportunities for its enterprising citizens, and become a key player in the development of the country.

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