CBO celebrates rising women participation in banking sector

Female bankers account for 40% of banking workforce in Oman

banking development analyst at the CBO, said that as many as 4,528 Omani women are working in the commercial and specialized banks which is 41 per cent of the banking sector's total workforce.

The total number of Omani women working in the Islamic banks and Islamic banking windows currently stand at 469 or 33 per cent of the total workforce, she said.

Rania said that Omani women have assumed these positions through their hard work and dedin different disciplines were honored and felicitated by His Majesty Sultan Haitham bin Tarik.

She explained that Omani women have always received their fair share of attention, care and empowerment in the CBO and accordingly were chosen for various leadership positions in the central bank. "Some of the striking examples in this regard are the appointments of vice president of technical services, vice president of investment and market operations and vice president of internal auditing in recent times. All these positions were occupied by woman staff members in the organisation," she said, adding that these were in addition to several other critical managerial, leadership and professional positions being held by women.

Jumaima also noted that the CBO through its various training initiatives, including several professional and specialized training programs and skill enhancement programs, has contributed effectively in the professional and personal empowerment of the female staff.

Echoing similar views, Rania said the sultanate has witnessed the surging empowerment of Omani women in the banking sector, thanks to the various initiatives and directives from the CBO.

The Central Bank of Oman in its statement said that the central bank is keen and committed to encourage, support and empower Omani women on par with Omani men, thereby enabling them to occupy various leadership positions in the banking sector.