QFBA launches internship for ‘Kawader’ in Dubai, London

Under the agreement with the Bank of Tokyo-Mitsubishi UFJ, six students will be based in London and Dubai for a four-week internship programme where they will be introduced and exposed to the bank’s various  departments across markets. The Qatar Finance and Business Academy (QFBA) has launched an internship agreement with the Bank of Tokyo-Mitsubishi UFJ, the banking arm of Mitsubishi UFJ Financial Group (MUFG), QFBA has said in a statement.QFBA said the agreement forms part of its initiative under the “Kawader Programme,” a bespoke learning initiative for entry-level graduates held in partnership with the Qatar Financial Centre Authority (QFCA). Six students will be based in London and Dubai for a four-week internship programme where they will be introduced and exposed to the bank’s various departments across markets. Designed as a competency-driven, innovative blended learning experience, Kawader builds and shapes the expertise, skillsets, and knowledge of the financial services sector’s future business leaders and decision makers. QFBA chief executive officer Abdulaziz al-Horr said Kawader aims to bridge the gap between industry and academia, providing young talents and professionals with a world-class development and training experience that is backed by an arsenal of internationally-recognised professional certifications, personal development skills, and guiding practices that enable them to build their career path in the financial sector and determine their future specialisations and areas of expertise. “The industry is moving with remarkable pace and change that even veterans, professionals, and decision makers continue to grapple with as they transition the sector into its next wave of growth. The next generation of professionals needs to lead on the financial sector’s evolution, rather than transition and in doing so, it must keep abreast with the demanding and continuously changing dynamics of both the financial job market and industry. “Aligning with the Qatar National Vision 2030, the development and empowerment of solid human capital is an onus that we, among other established players and institutions operating in Qatar and the region, must carry to help young talents outpace the industry’s fast-moving dynamics, innovate and create new opportunities and arenas,” al-Horr said. He added: “This is an undertaking that requires the collaboration and co-operation of all stakeholders involved, including the industry’s leading local institutions and players, international bodies, and the young talents and professionals. “Our partnership with MUFG in Dubai and London is proof of the success that such collaboration can achieve in bridging the gap between academia and professional ecosystems. It is also one of many initiatives we are undertaking in this direction.”Aside from MUFG, the Kawader Programme sends interns to other partners in Doha’s financial industry such as QFCA, Qatar Investment Authority, QInvest, KPMG, Qatar Central Bank, PwC, and Standard Chartered-Dubai.Recently, QFBA partnered with Adnar Group for the first Global Management Challenge (GMC), an international competition built and designed around simulation and strategy­based training tools and models. The GMC follows QFBA’s launch of Kafa’a, a training and competency framework aimed at elevating Qatar’s financial sector talent pool as mandated by Qatar’s Financial Markets Development Committee (FMDC).