Burgan Bank hosts training program for the young Kuwaiti professionals
KUWAIT CITY, Nov 10: Burgan Bank recently hosted a group of undergraduate students to take part in a developmental journey across the Bank’s different departments. This initiative brought together 20 Kuwaiti students from the Public Authority for Applied Education and Training (PAAET), the Public Authority of Manpower, as well as private universities in Kuwait, and abroad, who completed a program of on-ground training covering multiple functions and roles.
During the training program, the trainees were able to acquire knowledge about the latest methods and models adopted in both the strategic and operational fields of banking management and organization. The program’s goal was providing them with the opportunity to train on the curriculum requirements needed for graduating, as well as to help them gain experience and professional skills through handson practice and interaction with staff from various departments.
Commenting on this initiative, Ms. Zahra Boarki, Development Manager at Burgan Bank, said “We are glad to facilitate and host this important training that boosts the educational development of young professionals. The practical training that the participants received at the Bank combined fundamental theoretical knowledge and specialized applied practice, in addition to including separate targeted plans for each bankingdivision”.
Cooperation
Boarki added: “Burgan Bank is keen on supporting the efforts of various localand international academic and training institutions, through cooperation on initiatives designed to develop Kuwait’s talented youth. Our strategy has always focused on leveraging our position as an experienced, wellestablished national financial institution with a well-renowned team of banking experts and a wealth of knowledge to actively contribute to building the next generation of thought leaders and innovators within the banking sector.”
Burgan Bank continues to implement its comprehensive strategy eyeing the development of Kuwait’s human capital and the empowerment of young talents through various programs and initiatives. It continues to support the country’s national education sector, asserting its role as a leading institution which is invested in guiding the next generation towards a great future.
The Bank is also committed to applying the same approach internally with its human resources, aiming at effectively driving its growth
and progression, as well asgenerally advancing the banking sector in Kuwait.
Established in 1977, Burgan Bank is currently the third largest bank by assets in Kuwait. From its earliest days, the Bank has significantly focused on the corporate and financial institution sectors, in addition to diversifying its offering to cater to its growing retail and private banking customer base.
Burgan Bank has majority-owned subsidiaries, collectively known as the “Burgan Bank Group”, in the MENAT region. This Group is supported by one of the largest branch networks across the region and includes: Gulf Bank Algeria – AGB (Algeria), Bank of Baghdad – BOB (Iraq & Lebanon), Tunis International Bank – TIB (Tunisia), and
the fully owned Burgan Bank Turkey. Furthermore, Burgan Bank has a presence in the UAE through its corporate office, Burgan Financial Services Limited.
Performance
The Bank has continuously improved its performance over the years, through an expanded revenue structure, diversified funding sources, and a strong capital base. The adoption of state-of-the-art services and technology has positioned it as a trendsetter in the domestic market and within the MENA region. Moreover, Burgan Bank’s brand has been built on a foundation of real values – trust, commitment, excellence and progression – which serve as a reminder of the high standards to which the Bank always aspires. In
fact, the Bank’s core philosophy of ‘Driven by You’ is the foundation on which its products and services are continuously developed.
The Bank obtained the ISO/IEC 27001: 2013 Information Security Management Systems certificate (ISMS) and was re-certified with the prestigious ISO 9001:2015, making it the one of the few banks in the GCC and Kuwait to receive such a certification for five consecutive times. The Bank also has the distinction of being the only Bank in Kuwait to have won the JP Morgan Chase Quality Recognition Award for twenty consecutives years.
Burgan Bank is a majority owned subsidiary of KIPCO (Kuwait Projects Company), one of the largest holding companies in the MENA region.