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Financial Market Leaders Convene In Qatar Exchange And QFBA Joint Workshop To Capture Capital Markets’ Learning Needs

Date 31/10/2010

In a concerted effort to support the growth of the capital markets industry in Qatar and the region through skills and knowledge development, Qatar Exchange in collaboration with QFBA organized an exploratory session to understand the learning requirements of the sector at the QFBA learning facilities in West Bay, Doha.

Experts and leaders from financial institutions in Qatar engaged in work groups facilitated by QFBA officials to help them draw out the critical development issues surrounding the roles and functions related to the strategic development plans as presented by Qatar Exchange.

Out of the exercise, a number of important areas were identified around which specialised learning programmes will be built to fill in the gap in behavioral and technical skills. These areas include Understanding Financial Markets, Exchange Listed Products, Portfolio Management, Derivatives, Operations/Back Office and Financial Analysis.

CEO of Qatar Exchange Mr. Andre Went presented a brief introduction about QE’s strategy and future plans based on the strategic partnership agreement signed between Qatar Government and NYSE Euronext in the past year.

Commenting on this first crucial step towards a clearer understanding of the sector’s learning needs, Mr.Went said: “Qatar Exchange is aiming to achieve several strategic goals such as attracting more investors, increasing the liquidity in the market, and contributing to the transformation of Qatar into a regional hub and Doha into an international financial center.”

He added that “these objectives will be supported by specialized training and educational programs in coordination with our local and global partners.”

Greg Cooper, Director of Open Programmes at QFBA, remarked: “Being able to help Qatar Exchange to develop a learning regime of this nature focusing on the sector is a wonderful opportunity not only for us but for market participants as a whole.”