CMA Offers Long Term 33 Training Opportunities in Insurance

The Capital Market Authority offered a package of training programs and employment opportunities during its participation in the Employment and Training Exhibition 2022  during the period 28-30 March organized by Sultan Qaboos University which is an annual event availing to  government and private sector institutions to present employment and training opportunities for job seekers and students.

CMA takes part in the interactive event on employment and training opportunities to highlight its Omanization initiatives and programs in professions and positions in insurance companies and capital market institutions. CMA participated by Tamkeen initiative that  aims at enhancing Omanization in senior and medium  managerial and operational positions further to introducing Taheel initiative for the graduates of accounting and finance for training in internal audit for one year coupled with employment during the training period.

CMA presented this year 33 long term training opportunities in insurance companies. The relevant specializations are in the fields of law, management, information technology and accounting as part of an integrated plan to qualify the national cadres to enhance their skills and aptitude to be able to compete to take best positions to achieve the targeted Omanization ratios. On other hand, CMA avails the event to introduce to the graduates of accounting and finance its Taheel initiative for training as internal auditors for one year and assisting the trainees who successfully pass the final exam to obtain employment.

It is worth to note that Tamkeen initiative contributed in increasing Omanization ratio to 82.8%. Omanization in operational roles increased to 88.7% and in medium professional and managerial roles to 76.3% from about 25% in 2017.

Taheel initiative trained 26 graduates of finance and accounting in internal audit. Nineteen trainees obtained certification in internal audit and nine obtained employment in accounting and audit firms. Registration in the second batch will be announced by mid-year.