Officials from Qatar Exchange and Qatar Finance & Business Academy during the signing ceremony.
DOHA: Qatar Exchange (QE) and Qatar Finance & Business Academy (QFBA) signed a memorandum of understanding (MoU) aimed at enhancing the professional skill and competency of the QE staff through QFBA’s cutting-edge training programmes.
The MoU was signed by QE’s CEO Rashid bin Ali Al Mansoori and QFBA’s CEO Dr Abdul Aziz Al Horr at function held at the QE yesterday.
As per the MoU, the QFBA would assess the competency of the QE staff and provide them required training to hone up their skills. The trainers would also suggest the need for the staff attending value addition courses, if required. The QFBA would provide all the necessary study/training kits.
Commenting on the partnership, Al Mansoori said it would help QE staff to keep themselves abreast of the latest developments in the finance and business world.
Some of QFBA’s roles under the signed MoU will involve the assessment of staff skills and training shortages, identification of standard and courses that the staff should attend in addition to the provision of comprehensive proposals to cover all the technical needs of staff and delivery of courses as and when required by QE. Furthermore, the QFBA will provide all the necessary facilities including lecture rooms, audio-visual equipment and other material to facilitate the delivery of the courses.
As to QE’s proposed role under the MoU, it will be limited to allowing access to relevant individuals and resources in order to assist QFBA in providing the course to its staff, performing the initial gap analysis exercise, providing course materials and information necessary for all employees to attend the course in a timely manner and assisting the QFBA team in performing their initial gap analysis.
Dr Al Horr said, “Qatar Finance and Business Academy is proud to sign this MoU with Qatar Exchange, one of the leading stock exchange markets in the region, and will work to deliver quality development to Qatar Exchange’s human capital hoping that this partnership will act as an example of positive alignment between the leading financial institutions in Qatar and Qatar Finance and Business Academy to achieve Qatar’s National vision of a diversified knowledge based economy.”
QNA/The Peninsula
