Burgan Bank Celebrates its Graduates from the Kafa’a Leadership Development Program

Press release
Published June 6th, 2022 - 04:53 GMT

Burgan Bank Celebrates its Graduates from the Kafa’a Leadership Development Program
During the event
Highlights
Burgan Bank honored its national cadres who graduated from the Kafa’a Initiative in the Executive Leadership Development Program within the banking and financial sector.

In a ceremony held at the headquarters of the Central Bank of Kuwait, Burgan Bank honored its national cadres who graduated from the Kafa’a Initiative in the Executive Leadership Development Program within the banking and financial sector. The ceremony was held under the auspice and in the presence of H.E. Basel Ahmed Al Haroun, Governor of the Central Bank of Kuwait and Chairman of the Board of Directors of the Institute of Banking Studies (IBS), as well as the presence and participation of Dr. Yaqoub Al-Sayed Yousef AlRefai, Director General of IBS, and also a remarkable presence by the leaders of the banking and financial sector, Central Bank of Kuwait, IBS and the graduates.

The honoring ceremony comes after national cadres from various local banks participated in the Harvard Leadership Development Program from the 13th to the 24th of May 2022 and passed the graduation requirements. The program constituted the thirteenth round of the Kafa’a Initiative programs. It was managed by the Institute of Banking Studies, sponsored by the Central Bank of Kuwait, and took place in cooperation with Harvard Business School.

Mr. Raed Abdullah Al-Haqhaq, Deputy Group Chief Executive Officer & CEO - Kuwait at Burgan Bank, honored the bank program graduates during the ceremony and said: “At Burgan Bank, we value the importance of the Kafa’a Initiative, as it represents the Central Bank of Kuwait's strategic vision to develop national competencies and cadres in the banking and financial sector. In Burgan, we share the goals and aspirations of such initiatives through our deep-rooted culture of developing employees, reflected through our various training programs and initiatives like the Burgan Dynamic Ro2ya program for our highflyers and Entelaqah for our newly hired bankers  ”.

Al Haqhaq added that “The significance of this program, one of the most prestigious international training programs in the banking sector, lies in meeting the sector's need to prepare future leaders who are able to achieve the aspirations set upon them. In addition, the participation of national cadres from all local banks side by side in the program projects high professionalism and shows concerted efforts to achieve the future interest of the sector.”

The ceremony honored the graduates: Hamed Mohammad Al Humaud - Procurement Manager, Yasmeen Fuad Dashti - Credit Risk Manager, Nourah Mohammed Buresli - Senior HR Business Partner, Ahmad Waleed Al Enezi - Financial Crime Risk Manager, and Abdullah Hamad Al Mudhaf - SME Senior Relationship Manager. In addition to presenting them with accredited certificates of the Harvard program, the graduates also had the opportunity to participate in a panel discussion that took place during the ceremony, which was entitled "Leadership in a Transforming World".

Burgan Bank continues to reaffirm its continued quest to qualify national competencies and cadres, and its constant participation in all initiatives that would consolidate the position of the sector and cover its needs. The Bank is keen to support the various initiatives launched by the Central Bank of Kuwait, and to abide by all laws and instructions that serve the interests of both the banking sector, and the national economy of Kuwait.

Background Information

Burgan Bank

Established in 1977, Burgan Bank is the youngest conventional Bank and second largest by assets in Kuwait, with a significant focus on the corporate and financial institutions sectors, as well as having a growing retail, and private bank customer base. Burgan Bank has majority owned subsidiaries in the MENAT region supported by one of the largest regional branch networks. which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon),Tunis International Bank – TIB (Tunisia), and fully owned Burgan Bank – Turkey, (collectively known as the “Burgan Bank Group”). Furthermore, Burgan Bank has a present in the UAE through its corporate office (“Burgan Financial Services Limited) which had helped the bank to participate in multiple financing opportunities in the UAE.

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