Arfat Qayyum, head of Private Banking at Al Khalij Commercial Bank (al khaliji), has provided insights on private banking to students of Qatar University’s College of Business and Economics (CBE).
During his address, Qayyum shared his experience with the students and engaged them in a discussion about the workings of the banking sector in Qatar.
The initiative comes as part of al khaliji’s corporate social responsibility and is in line with its efforts to support the human development pillar of Qatar National Vision 2030, the bank has said in a statement.
CBE dean Prof Nitham M Hindi highlighted the key role that a bank like al khaliji could play in fusing practical knowledge into the classroom, saying: “The academics and industry partnership is a win-win game. Students can further fine-tune their skills and keep them abreast of the latest developments and, at the same time, the industry can identify the right talent for the future. Receiving a financial professional such as Arfat Qayyum gives them an opportunity to learn from the real banking world and see beyond the classroom.”
Qayyum has vast knowledge of the Qatar and global financial markets. Private banking is an area that al khaliji is actively pursuing in view of opportunities in wealth management and structured finance, the statement adds.
Addressing the students, Qayyum explained the private banking industry, its prospects, the growing needs and – therefore - better employment prospects.
“When the learning perspective and professional expertise meet each other, the knowledge curve is enhanced. The opportunity to speak to the students and share knowledge is another successful example of how we at al khaliji continue to deliver on our social
responsibility,” he said.
Qayyum stressed that private banking emphasises on financial advice and services and elaborated on the factors influencing private banking clients with the foremost being quality of client service, followed by confidentiality and security, quality of investment advice, image and reputation, referrals from existing clients, investment performance, pricing, products breadth etc.
He kept the students engaged with a number of case studies and concluded by providing an overview of al khaliji and its private banking strategy and future expansion.