Strategic Goal 6: Building human capital

To support the implementation of regulatory best practice and to drive regulatory reform, it is critical that the QCB, QFCRA, and QFMA continue to attract, develop and retain the best talent.

The Strategic Plan focuses on implementing a shared competency framework for human resources; including a common approach to recruitment, development, and career planning. Using this common framework, development resources can be more efficiently used to harmonise training and develop common regulatory competencies across the regulatory authorities, and facilitate secondments and mobility between regulators as a further development tool.

A well-articulated career plan also helps develop a talent pipeline of engaged employees and provides clarity about possible regulatory careers. Engaging talent at an early age and providing visibility of careers in regulation contributes to developing a sustainable employment model offering rewarding careers, particularly for Qatari nationals.

The Human Resources strategy also focuses on embedding international best practice in employment practices at the regulators. These practices provide a highly professional and efficient operating model as a source of competitive advantage. Additionally, benchmarking remuneration in the financial services industry provides for an informed and strategic compensation strategy to ensure that appropriate talent can be attracted and retained.