
Bridging
Program Launched to Develop National Cadres in the Financial Sector
Muscat,
1 Oct (ONA) — The “Jisr” Bridging Program for developing cadres in
the financial sector was launched today at the College of Banking and Financial
Studies. The program aims to qualify national competencies capable of leading
institutional development for sustainable growth in the financial sector.
The
program is designed to align higher education outcomes with labor market needs,
strengthening the capabilities of Omani graduates with practical skills and
specialized knowledge that will qualify them to integrate efficiently into the
financial sector, in line with the objectives of Oman Vision 2040.
The
program targets graduates and job seekers in financial specializations,
accommodating 40 trainees per batch. It spans 24 weeks, following a practical
and applied training methodology within financial institutions.
The
curriculum provides participants with advanced knowledge including sustainable
lending, climate risk management, design of green financial products,
sustainable underwriting practices, and innovation in insurance products. It
also features specialized units in microfinance and parametric insurance to
enhance resilience against climate change.
The
program is divided into two main tracks: Banking and Insurance. Each track
offers a specialized and practical experience in the field of sustainability,
with the goal of qualifying participants for direct employment. Participating
entities are committed to hiring a significant percentage of the graduates as
part of their operational plans. This will be followed by other specialized
training courses serving the financial sector.
The
program was launched under the auspices of Khalid Rashid Al Ghumari,
Undersecretary of the Ministry of Labour for Labour, with the attendance of
several officials from the financial and banking sectors.
—Ends/AG