Central Bank of Bahrain staff wins CFA nod
Manama, September 29, 2011
A superintendent of monetary operations at the Central Bank of Bahrain has received the Chartered Financial Analyst (CFA) certification, a global programme to measure the efficiency of financial analysts and the integration of knowledge.
Hessa Abdulla Al Sadah successfully passed the third and final level required for becoming a CFA, a title is granted by the Board of the Institute of Financial Analysts in the US, which holds world-wide reputation for excellence in community investment and financial markets.
The applicant is required to pass three examinations measuring the ability to absorb knowledge, basic skills for financial analysis, and test their ability to apply these principles in all aspects of operation in the investment decision making, financial analysis and portfolio management.
“This training and development is essential towards strengthening the position of Bahrain as a leader in this area, and focusing on specialized skills such as these has always been a key supporter for the growth of banking sector,” said Rasheed Mohammed Al Maraj, Governor of the Central Bank of Bahrain.
Dr Huda Maskati, executive director, Corporate Services, CBB, added that the training department at the CBB is always keen to encourage staff to attain professional qualifications and to attend vocational training programs developed to enhance their skills and enhance their capabilities, which enables them to assume leadership positions in the financial sector.
Such specialized qualifications also contribute significantly to raising the professional performance of staff which reflects positively on their overall productivity in turn serving the banking sector in Bahrain and in maintaining its leading position, Dr Maskati added. – TradeArabia News Service