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bank muscat SAOG : celebrates graduation of first group of ACCA Affiliates

10/20/2021 | 05:21am

Bank Muscat, the leading financial services provider in the Sultanate has announced that the first batch of Omani youth supported by the Bank have become ACCA-affiliates with excellent results in their qualifying examinations. In line with the objective of developing national human resources, the Bank had partnered with Petroleum Development Oman (PDO) in 2018 under the auspices of the Ministry of Labour to provide scholarships for a group of Bachelor's degree holders to complete the internationally-recognised Chartered Certified Accountant course from the Association of Chartered Certified Accountants (ACCA). In addition to the ACCA scholarship, Bank Muscat has offered the graduates job opportunities across its various departments. The ACCA candidates have already achieved remarkable progress and milestones towards attaining the goals of this first of its kind initiative by the Bank to develop Omani youth.

Speaking about this important achievement, Said Salim Al Aufi, Group Deputy General Manager - Human Resources, Bank Muscat, said: "Comprehensive and continuous development of Omani youth is key to achieving the goals of the landmark Oman Vision 2040 and the Renewed Renaissance of the Sultanate. Aligned to its pioneering role in sustainable development, Bank Muscat has always given top priority to the development of Oman's human resources. In 2018, Bank Muscat embarked on a journey partnering with Petroleum Development Oman to provide new opportunities for talented Omani youth to gain an internationally-recognised ACCA qualification. The success of the first 3 young achievers from that path-breaking programme is a great encouragement to the strategy of promoting banking excellence and professionalism in the Sultanate."

Said Al Aufi thanked ACCA and education specialists Kaplan for their resolute efforts to successfully continue the programme online, overcoming all challenges brought about by the global pandemic. He congratulated Fajer Al Akhzami, Jumana Al Qassabi and Nusaiba Al Manji for their success in not only becoming ACCA Affiliates, but also for surpassing important academic benchmarks in their long journey to get there. He also wished the very best to all the other students in the programme and added that the Bank would continue to nurture and support Omani talent so as to build a pipeline of future leaders for different sectors in the country.

Fajer Al Akhzami, who scored the top marks in Advanced Performance Management in the region, and currently working in Corporate Banking, said: "We are grateful to Bank Muscat for providing us with this excellent opportunity to build our capacity and skills. Completing this programme will help us advance in our professional careers and help towards building a large pool of talented Omani youth, who will contribute to the future growth and development of the Sultanate."

Jumana Al Qassabi, who did well in Advanced Financial Management and at present working in Investment Banking, said: "Thanks to this excellent opportunity from Bank Muscat, I have succeeded in my dream to become an ACCA-affiliate. Through my ACCA studies, I have been able to gain a lot of valuable insights and skills, and I am confident that this will greatly help me in my career and improve our contributions to the success of the Omani economy."

Nusaiba Al Manji, who became an ACCA affiliate with excellent marks, and currently working in the bank's Agency and Custody Services added: "Through the ACCA programme, Bank Muscat has helped us to enhance our knowledge in accounting and finance. We will always be indebted to the Bank for providing us this with this valuable opportunity to develop and build our skillsets. Completing this programme and becoming an ACCA-affiliate will impact us positively."

​With over 3,800 employees and an overall Omanisation ratio of about 95%, Bank Muscat has adopted many innovative strategies to equip talented Omani nationals to take up leadership positions. The Bank has a comprehensive Learning and Development strategy for skills and knowledge-enhancement vis-à-vis the requirements of its various departments and lines of business. It is a matter of great pride for Bank Muscat that most of its senior and middle management have been promoted from within the Bank's employees.


Bank Muscat SAOG published this content on 20 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 October 2021 09:20:03 UTC.

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