Reinforcing its role as a facilitator of socio-economic development through the promotion of knowledge-sharing platforms and initiatives - Sohar International is pleased to announce its association with the Chartered Financial Analysts’ (CFA) Society of Oman, as their founding sponsor for various activities and initiatives during the coming five years. The sponsorship comes in line with the bank’s objective to become a world-class Omani services company.

The Chartered Financial Analyst (CFA) Society of Oman has been incepted by the College of Banking and Financial Studies (CBFS) where the inaugural ceremony was held recently under the patronage of H.E. Tahir Salim Al Amri, Executive President of the Central Bank of Oman (CBO) and attended by senior representatives of the College, Board of Directors of CFA Oman and the CFA Institute. Representing Sohar International at the inaugural ceremony and receiving a token of appreciation for the bank’s support of this society was Mr. Abdullah Salim Al Harthi, Deputy Chairman of the Board of Directors of Sohar International. Representatives from the bank’s executive management were also present comprising of Mr. Craig Barrington Bell, Chief Financial Officer, and Mr. Saeed Ali Al Hinai, Sr. AGM & Head of Treasury.

The CFA Society of Oman is the latest member of the global association of investment professionals – CFA, which sets the international standard for professional excellence and credentials in finance and investment. The organisation is a champion of ethical behaviour in investment markets and a respected source of knowledge in the global financial community. It will also be organising educational events for members, such as an Investment Research Challenge for University students and an Ethics Seminar. Such platforms are optimal for financial and investment professionals and decision makers to meet, discuss and share latest trends and strategies that help improve the sector as a whole.

Expressing his pride in Sohar International’s sponsorship of the activities, Mr Ahmed Al Musalmi, Chief Executive Officer of Sohar International said: “With our new vision set firm, we aim to continue to play a pivotal role in Oman’s economic development and become advocates of winning, a direction which mandates a strong focus on the finance and investment sector. In keeping with this, we are particularly pleased to be of support to the CFA Society of Oman, due to our own commitment to promoting the highest standards of professional conduct and ethics in the industry, by educating and protecting investors, raising standards for investment practices in the Sultanate and supporting efforts that aim to achieve the continued growth of Oman’s financial market, by encouraging prudent investment management and applying the highest standards of ethical corporate governance. Through sponsorships of this regard, we endeavour to continue to be a catalyst in enhancing the community’s well-being and development in various fields; while providing them with ‘winning’ propositions to achieve any goal.”

He also mentioned: “We are delighted to be the founding sponsors of the Chartered Financial Analyst (CFA) Society of Oman, and are confident that this entity will play an important role in enhancing the skill set of the Omani youth enabling them to pursue career opportunities that will enrich their lives as well as the economy as a whole”.

Sohar International has always been known as the vanguard of activities and initiatives that drive progress and unlock potential for development and progress in the nation. The bank continues to support and encourage knowledge-sharing forums and platforms across various sectors that directly impact the nation’s socio-economic growth and progress. In line with this, the bank has extended its backing to the Oman Human Resource Forum; International Conference on Clinical Nutrition, various initiatives with the Oman Road Safety Association; and the Public Authority for Consumer Protection over the years. Thus ensuring its investment in people and the nation, to ensure maximum impact and sustainable benefits galore in the present, for the future.