KIB hon­ored for ex­cel­lence in la­bor na­tion­al­iza­tion

Kuwait Times - - LOCAL -

KUWAIT: In recog­ni­tion of the Bank’s con­tin­u­ous ef­forts to sup­port na­tional la­bor and in­vest in lo­cal tal­ents, Kuwait In­ter­na­tional Bank (KIB) was hon­ored at the 15th cer­e­mony rec­og­niz­ing ex­cel­lence in la­bor na­tion­al­iza­tion poli­cies in the pri­vate sec­tor across the GCC. The event was held un­der the aus­pice of the 33rd Ses­sion of the Coun­cil of Min­is­ters of La­bor and Coun­cil of Min­is­ters of So­cial Af­fairs of GCC States, which re­cently took place in Riyadh.

Rec­og­niz­ing the pri­vate sec­tor in­sti­tu­tions who are lead­ing in the field of la­bor lo­cal­iza­tion comes in line with the GCC States’ on­go­ing ef­forts to pro­mote na­tion­al­iza­tion poli­cies and ini­tia­tives across all sec­tors. It also serves to reaf­firm the im­por­tance of the pri­vate sec­tor in en­cour­ag­ing and fos­ter­ing lo­cal tal­ents.

Re­ceiv­ing the honor on be­half of the Bank and its man­age­ment, Jamal Al-Bar­rak, Gen­eral Man­ager of the In­vest­ment Depart­ment at KIB said: “KIB main­tains a strate­gic ap­proach to­wards in­vest­ing in the na­tional work­force, and the Bank is com­mit­ted to pro­vid­ing the best ca­reer op­por­tu­ni­ties in the mar­ket for promis­ing lo­cal tal­ents. We al­ways strive to sup­port, en­cour­age and at­tract young pro­fes­sion­als who as­pire for a ca­reer in the bank­ing sec­tor. We are also com­mit­ted to ad­vanc­ing our own em­ploy­ees, con­tin­u­ously in­vest­ing in their pro­fes­sional growth and devel­op­ment.” Bar­rak said that this lat­est ac­co­lade is a tes­ta­ment to the sound­ness of KIB’s em­ploy­ment poli­cies and its on­go­ing ef­forts to pro­mote la­bor na­tion­al­iza­tion. He also pointed out that, over the past few years, KIB has suc­ceeded in achiev­ing one of the high­est rates for na­tion­al­iza­tion of la­bor within the mar­ket.

From an­other side, the Gen­eral Man­ager of Hu­man Re­sources Depart­ment, Nigel Holmes said: “KIB be­lieves that hu­man re­sources is one of the most vi­tal sec­tors within any or­ga­ni­za­tion. The Bank is also a strong ad­vo­cate of in­vest­ing in hu­man cap­i­tal, and adopts fo­cused and tar­geted strate­gies that aim to at­tract, re­tain and develop qual­i­fied na­tional tal­ents.”

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