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Sunday, November 22 - 2009

QFBA to launch in October 2009

Qatar Financial & Business Academy (QFBA), a Qatar-based learning and development organisation established in partnership between the Qatar Financial Centre (QFC) Authority and Qatar Foundation (QF) for education, science and community development has announced the launch of its activities in October 2009.

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QFBA has been created to support and build Qatar's reputation as a leading regional centre for financial services, education and research.

QFBA will offer a number of learning and development programmes to individuals and organisations in Qatar, in banking, asset management, capital markets, insurance and financial services leadership.

The senior management team of QFBA, drawn from world-class business schools such as Columbia, INSEAD, IESE, Harvard and London Business School, will steer ongoing development of the learning programme. QFBA will offer internationally recognised qualifications as a major part of its portfolio.

Jon Morton, Director of QFBA said:
"Organisations are recognising the importance of learning as a strategic differentiator. Essentially the organisations that invest in the development of their people compete more effectively. QFBA designs learning in relationship to the business context - the critical issues facing professionals and organisations in the current and future global business environment."


QFBA aims to differentiate itself by using the following critical principles to ensure learning works:


- innovation through a physical and virtual environment encouraging a culture of collaboration, interaction and knowledge-sharing;
- transformational learning designed around the needs of the organisation and individual ensuring that learning delivers the relevant impact;
- independent research centre providing pragmatic, timely, unbiased, credible market intelligence on and for the GCC financial services industry;
- development of local faculty to deliver sustainable learning and development.

Dr Abdulla Al Thani, Vice President - Education at Qatar Foundation, emphasized the importance of the establishment of QFBA: "The new academy will serve to improve standards and equip professionals with the necessary skills to add value to the efforts to make Doha a financial hub in the region. We made sure that QFBA targets executives at all levels and offers them a comprehensive yet personalized range of courses that they will find beneficial throughout their careers."

In addition, Dr Ahmad Hasnah, Associate Vice President for higher education at Qatar Foundation, who played an instrumental role in establishing QFBA, said: "Today we are proud to be working with Qatar Financial Centre Authority to inaugurate a specialized academy for business and finance professionals. We have selected qualified trainers from some of the most prestigious institutions in the field and we are confident this new academy will benefit many."

Stuart Pearce, CEO and Director General, QFCA commenting on the announcement said: "QFBA forms an integral part of Qatar's strategic intent to become the regional centre for the financial services industry. It also aims to develop Qatar's current and future generation of financial specialists, contributing towards the development of the knowledge-driven economy."
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Notes and media contacts

QFBA
QFBA is a learning and development organisation based in Qatar offering financial services learning and research around the critical issues facing professionals and organisations in the current and future global business environment.

Through its partnership with the Qatar Foundation and the QFC Authority, QFBA provides learning solutions for entry-level to senior executive professionals in essential financial disciplines within the sectors of banking, asset management, capital markets, insurance and financial services leadership. QFBA also provides expert coaching and development for all participants that help to map their individual learning journeys. QFBA's senior management and leadership team are drawn from world-class business schools such as Columbia, INSEAD, IESE, Harvard and London Business School.

QFC Authority
The QFC Authority is the commercial, administrative and legislative body of the QFC which is responsible for driving its commercial strategy, developing its commercial laws and forging relationships with the global corporate community and other key institutions both within and outside of Qatar.

The QFC is a financial and business centre established by the Government of Qatar and located in Doha. It has been designed to attract international financial services institutions and major multi-national corporations and to encourage participation in the growing market for financial services in Qatar and elsewhere in the region.

The QFC operates to international standards and provides a first class legal and business infrastructure for those operating within the QFC. The QFC was created by Qatar Law No. (7) and has been open for business since 1 May 2005.

Qatar Foundation for Education, Science and Community Development
Qatar Foundation is a non-profit organisation focusing on education, scientific research and community development. Under Qatar Foundation's umbrella are Education City which comprises elite universities, several academic and training programmes and Qatar Science and Technology Park which boasts more than 21 world class companies involved in scientific research and development.

Chaired by Her Highness Sheikha Mozah bint Nasser Al Missned, Qatar Foundation also aims to enhance lives through community development initiatives including Doha Debates, Reach out To Asia and Al Jazeera Childrens Channel.

Joint venture partnerships in the areas of design, ICT, telecommunications, policy studies and event management contribute to fulfilling the objectives of the Qatar Foundation.

For more information please contact:
QFBA
Tel: +974 496 7793

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