Burgan Bank participates in ‘KFAS Innovation Challenge’

Bank aims to integrate innovative culture within its depts

KFAS Innovation Challenge Team 2020 with their senior HR-L&D managers.

KUWAIT CITY, Feb 15: To further solidify its position as a dynamvic financial powerhouse, Burgan Bank selected five talented employees to undertake the responsibility of acquiring the skills to integrate an innovative culture within the bank. The Bank partnered with Kuwait Foundation for the Advancement of Sciences (KFAS) in line with its steadfast strategy to foster transformative growth, and implement modern practices.

The Learning and Development Department at Burgan Bank under the Human Resources Group leadership handpicked the members namely, Omar Al Halabi, Ahmed Al Rbean, Ms. Shurrooq Al Houly,

Salem AL Qenaei, and Mohammed Bualiyan from various divisions, to ensure each bring value from a diversified banking perspective.

The ‘KFAS Innovation Challenge 2020’ which commenced in January 2020, brings the combined resources of the Wharton School’s Mack Institute of Innovation Management and the Penn Center for Innovation to the program. Leveraging outside resources, the participants gain industry insights and explore the themes of innovation. Participants work in teams on selected projects and at the end of the program, each of the teams will be requested to present to their companies.

The topics and activities include’ Business Model Innovation’, ‘Innovative Delivery Models’, an ‘ Innovation Tournament Workshop’ followed by visits to the Silicon Valley companies in the United States in April, where they meet successful innovators operating in business today, from start-ups to multinational firms.

Senior Manager, Learning and Development at Burgan Bank Ms. Ghada El-Kadi said, “Synergy remains the key to ensuring success and the chosen representatives have reflected the spirit of team work and perseverance to absorb and achieve new learnings. As a participating Bank in this dynamic program, we will benefit immensely from the rich content that will add immediate value to our ongoing projects. Groomed in Burgan Bank’s collaborative and knowledge sharing culture, the team of five leaders will integrate their findings and best practices to accelerate organizational performance and develop a sustainable competitive advantage. We wish all of the participant’s every success.“

Through its continued commitment to progression and excellence, Burgan Bank has partnered with local and international knowledge facilitators’ to ensure employees undergo enriching levels of engagement to positively impact the bank’s performance as well as the communities in which it thrives.