TIOB, WorldQuant University partner to accelerate financial growth

DAR ES SALAAM: THE Tanzania Institute of Bankers (TIOB) has announced a three-year partnership with WorldQuant University (WQU) to deliver online professional development courses aimed at equipping financial professionals across the country with advanced skills.

The agreement combines WQU’s expertise in online education and course design with TIOB’s deep understanding of Tanzania’s financial landscape.

WQU, a global institution with more than 17,500 learners in over 150 countries, sees the programme as a steppingstone toward deeper engagement in Tanzania.

TIOB Executive Director, Mr Patrick Mususa said on Wednesday that the collaboration is a milestone in strengthening the country’s financial sector through practical and market-relevant education.

“By merging TIOB’s local expertise with WQU’s innovative online platform, we are creating accessible, relevant education that will strengthen our financial sector,” said Mr Mususa during the launching of the certificate in East African equity markets.

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The eight-week course set to start late next month targets investment analysts, portfolio managers, treasury officers, wealth advisors, corporate finance professionals and regulators.

WorldQuant University’s CEO Mr John Endrud said the initiative is designed to support talent development while responding to the rapid growth of the country’s equities market.

“Building strong comprehension of equities and their value is essential to sustain momentum and strengthen the economy,” said Mr Endrud.

In addition, the Bank of Tanzania (BoT)‘s Director of Financial Markets Mr Emmanuel Akaro said the initiative underscores the TIOB’s importance in fostering knowledge, innovation and collaboration in the capital markets.

“Equities markets play a central role in mobilising capital, providing investment opportunities and fuelling entrepreneurship,” Mr Akaro said as he represented the BoT Governor Mr Emmanuel Tutuba.

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