Page 82 - Annual Report 2019

79 ANNUAL REPORT 2019 CORPORATE SERVICES

A new division strategy Nationalisation efforts Customised master’s degree programme

Qatar’s three regulators – the Qatar Central Bank, the Al Masar, the Regulatory Authority’s award-winning In 2016, to support and build future Qatari regulatory
Qatar Financial Markets Authority and the Regulatory learning and development programme, started in 2015. leaders, the Regulatory Authority partnered with the Qatar
Authority – share a unifying strategy that was developed The ambitious programme addresses the Regulatory Central Bank and the Qatar Financial Markets Authority
to build a sound and resilient financial sector that will Authority’s need for qualified subject matter experts to build a customised master’s degree programme to
promote sustainable economic growth. The Second and leaders, and the goal of creating a lasting legacy develop employees of the three organisations.
Strategic Plan for Financial Sector Regulation 2017- of financial regulation for the State of Qatar.
2022 is aligned with the Qatar National Vision 2030. The programme, a master’s in Strategic Business Unit
For both Qatari graduates and more seasoned Management (SBUM), with specialisation in Financial
In 2019, the Administration (Corporate Communications, Qatari employees, Al Masar provides the full range Regulation from HEC Paris in Qatar, commenced in late
Translation, Operations), Human Resources, Information of human resources services, including recruitment, 2017. Three Qatari employees from the Regulatory Authority’s
Technology, Office of the General Counsel and Strategy orientation, learning and development, career core business obtained their master’s degrees in 2019.
and Organisational Development departments embarked mapping, ongoing assessment, and opportunities
upon a new Corporate Services strategy closely linked to that are designed to expand an employee’s
the shared strategy of the three financial regulators. capacity to take on more responsibility.

For Corporate Services, the mandate is clear: the Recruitment targets are individuals who are interested
development of human capital is the division’s primary in careers in the core business areas of Supervision
goal, fuelled by the adoption of international best and Authorisation, and Policy and Enforcement. Qatari
practices and the provision of innovative services across employees progress through five developmental
the division’s eight departments. stages at their own pace, with defined competencies,
professional training, coaching, seminars and staff
Building human capital mentoring available throughout the journey.
The Regulatory Authority has a robust, multi-path Employees follow customised individual development
approach to developing its staff and building plans that include core skills function rotation, work-
awareness of the financial sector in Qatar. based assignments and professional certificates,
international assignment and local secondments, a
master’s or advanced degree relevant to Regulatory
Authority subject matter, and leadership preparation.

In July, the Regulatory Authority celebrated the new master’s degree recipients,
including five other employees who also earned post-graduate degrees in 2019