ADDIS ABABA – The Association of Ethiopian Insurers said that Bruh Finance is filling the knowledge gap in Ethiopian insurance sector by designing customized solutions tailored to the needs of the national market.
Association President and CEO of Nyala Insurance SC, Yared Molla said that the introduction of Bruh Finance enabled insurance industries that had been operating in a fragmented manner to come together and equip insurance and bank experts with necessary skills.
“The collaboration with Bruh Finance is paving the way for the creation of innovative systems that address the unique challenges faced by the industry,” he noted.
Yared made the above remark in a recent ceremony, where Bruh Finance graduated 27 students drawn from insurance and banking institutions in level 3 certificate in capital markets-securities.
According to him, the graduation is a significant move towards strengthening Ethiopia’s financial landscape. “We have successfully trained 250 insurance experts and this initiative aims to elevate the country’s capital market by enhancing the expertise within the insurance sectors.”
Bruh Finance Founder and CEO, Getachew Beshahwred remarked that the graduation is the beginning of the Chartered Institute for Securities and Investment (CISI) Level 3 Securities qualification.
He stressed the need for these professionals to continue pursuing advanced levels, to build a skilled workforce that will drive the success of Ethiopia’s capital markets.
“Today’s graduates are the first wave of professionals expected to shape the future of Ethiopia’s economy and marked a significant achievement for Ethiopia’s incoming capital markets as well as Ethiopian insurance and bank industries.”
Ethiopia’s financial sector requires more professionals with specialized knowledge to ensure the success of the capital markets, he said, adding that this with the launch of Ethiopia’s Securities Exchange on the horizon, there is an urgent need for skilled professionals who can navigate complex securities, investments, and financial products.
“Bruh Finance will continue to support insurance and banking sector professional growth through ongoing training and development opportunities to deliver internationally recognized qualifications that align with global standards that advances personal careers that fosters the broader growth of the financial sector in Ethiopia,” Getachew said.
The newly graduated experts are expected to come up with fresh perspectives, skills and knowledge to drive the industry forward.
BY MISGANAW ASNAKE
THE ETHIOPIAN HERALD SATURDAY 14 DECEMBER 2024
