Qatar Central Bank (QCB) Governor H E Sheikh Abdullah bin Saoud Al Thani announced yesterday that the recently established Qatar Center for International Finance & Banking at the Business School in King’s College, London, will be a model for developing human capital and joint cooperation with a view to developing education and training in the field of banking and finance. It will help build capabilities for employees of QCB and the financial sector in the State of Qatar.
Delivering the opening address at “Qatar-UK Financial Services Event”, held in the presence of The Lord Mayor of the City of London, H E Alderman William Russell, the QCB Governor noted that the agreement will help achieve the goals of the Qatar National Vision 2030, and the strategy of the financial sector in Qatar, especially with regard to human resource development.
The Governor revealed that QCB is currently preparing to launch its cutting-edge financial technology strategy, with preparations for launching a Sandbox technology for computer security, which separates running programs and malware. The technology is expected to be launched soon as part of the financial inclusion strategy.
A presentation by King’s College London on Qatar Center for Global Banking & Finance described the research centre as a dedicated center to the study of central banks and the challenges they face in the global environment. It aims to develop cutting-edge research in all areas of central bank policy making, ranging from monetary policy to financial stability and prudential regulation.
The centre forms part of the Banking and Finance Group in King’s Business School. It commenced operations in September 2019 and will be fully staffed by April 2020.
King’s College London and QCB signed the donation agreement in April 2019 marking the intention to create the centre at King’s Business School.
The Center will equip current and future international banking and finance leaders with research and research-led teaching of the highest quality, to support them in their response to global financial and economic challenges.
The Center’s education and research programmes will address areas such as monetary policy, prudential regulation, regulatory technology and the use of new data sources alongside traditional financial forecasting techniques. Particular emphasis will be placed on the technical modelling skills needed to carry out advanced work in these areas. This focus reflects King’s Business School’s excellence in economic and financial forecasting and central banking.
