CBS offers scholarship in financial services |22 February 2018

The Central Bank of Seychelles (CBS) is launching the CBS High Achievement Scholarship, as part of its commitment to attract and inspire outstanding individuals for employment in the financial services sector.

The governor of the CBS Caroline Abel gave details of the scholarship yesterday morning.

This initiative, as approved by the CBS Board, is being taken with the aim of increasing the local pool of financial sector specialists, to address the current shortage of capacity in this sector.

The scholarship, which will be offered on an annual basis, will provide the opportunity for an outstanding individual to pursue undergraduate studies at an international university, in specific priority fields as identified by the Central Bank.

For this year, the scholarship on offer is in the field of Forensic Accounting, in light of the increasing need for such skill set in financial regulatory agencies, as well as agencies that deal with fraud detection and prevention.

The scholarship is open for citizens of Seychelles with a record of high academic performance and will cover tuition fees, monthly stipend, book and clothing allowances, as well as return airfares. The deadline for application is March 16, 2018.

Governor Abel said expertise in forensic accounting is very much in demand at present to carry out effective tax assessments, to better detect increasing financial crimes…

“We firmly believe that it is important to support Seychellois cadres to work in the financial sector so they too can enjoy the benefits the sector is generating,” Governor Abel pointed out.

She remarked that at present due to the shortage of Seychellois,  it is mostly foreigners working in the sector who are reaping the benefits.

Potential candidates interested to apply for the scholarship can download an application form and get more details on it from the CBS website accessible at www.cbs.sc