OAB Holds ICAEW CFAB Training for Employees

Muscat, March 17, 2020: Oman Arab Bank (OAB) employees took part in one of the Institute of Chartered Accountants in England and Wales (ICAEW) training programmes, Certificate in Finance, Accounting and Business (ICAEW CFAB). This was conducted in-line with the Bank’s talent management strategy to further enhance the talents of its workforce.

Highlighting the importance of the training, Adil Al Rahbi, Head of the Human Resources Division at OAB said, “OAB is dedicated to continuously enhancing the skills and talents of all its employees. By taking part in this training course, we aim to ensure all employees can excel in their future career prospects.”

The ICAEW CFAB is an internationally recognised certificate that teaches the essential knowledge in business, finance and accounting, while also helping individuals in non-finance departments have a basic understanding of budgets, controlling costs, and how to measure performance and provide a general understanding on how businesses function. This brings advantages to OAB as it allows employees to work towards the shared goal of an efficient and innovative workforce, which is reflected in the products and services delivered to customers.

“By providing Omani nationals with access to internationally recognised qualifications and training such as ICAEW CFAB, we are further reinforcing our commitment to Omanisation. With the underlying aim to become one of the leading banks in the Sultanate to employ and develop local talent, this also ensures the future success of our country and the creation of future industry leaders,” Adil added.

Partaking in such training initiatives, OAB is also developing Oman’s knowledge-based economy by providing staff with the required skills to help accelerate their contribution to Oman’s 2040 economic vision. By attracting the best local talent aiding this will create a high-performing and innovative organisational culture offering unique benefits to the Bank’s employees, customers and the wider community. Moreover, this is also in accordance with OAB’s objective to become a more customer-centric bank.

Oman Arab Bank has a rich and proud history as one of the first financial institutions to be established in the Sultanate. Today, the bank operates a nationwide network of 65 branches and representative offices with 152 ATMs spread across Oman. OAB provides a complete range of financial products and services for personal banking, corporate banking and investment clients.