DOHA/DUBAI: Qatar’s banking sector is set to undergo significant modernisation and a spike in recruitment over the next three years as the nation develops a diversified economy and looks to solidify its position as a global economic powerhouse, a press statement issued by REED said yesterday.
REED Global has recently bolstered its finance division in Qatar in response to the sharp increase in levels of international hiring currently being experienced in the banking and finance industries.
Industry experts at the company suggest Qatar requires ‘thousands’ of experienced finance and banking professionals to keep up with the country’s development.
Fintan Lawler, Executive Consultant, Finance and Accountancy at REED Global in Qatar, said: “Finance and banking is still fairly archaic in Qatar, and moves to bring systems and processes into the 21st century are not before time. We have noticed a significant increase in the appetite among the big local banks especially to bring experienced banking and finance professionals from overseas over the last six months.”
The Peninsula
