Move toward the omanization of higher management in banking and insurance
Wednesday, 06 03 2015, Category: Insurance and Reinsurance, Country: Oman
The financial, banking and insurance sector committee in the Oman Chamber of Commerce and Industry encourage the omanization of higher management in the banking and financial sectors and it discussed the disadvantages and advantages of omanization. They indicated that taking advantage of international expertise in this field will strengthen the capabilities of the Omani youths and will help training them. The committee also raised its recommendations to the board of the chamber in order to launch a comprehensive study on the Omanization of the private sector in general and the banking and financial sectors in particular. They also discussed a number of topics aimed at developing and enhancing the role of the sector and increasing its contribution in the national economy; this will be done by providing solutions and proposals to the numerous challenges facing the insurance sector such as agricultural insurance and the challenges facing the banking sector.
Source: Al Roya