Kuwait to par­take in Har­vard train­ing pro­gram next month

Kuwait Times - - LOCAL -

Kuwait will par­take in Har­vard Univer­sity’s “Lead­ing Strat­egy Ex­e­cu­tion in Fi­nan­cial ser­vices” train­ing pro­gram for bank ex­ec­u­tives in the Gulf coun­tries, Gov­er­nor of the Cen­tral Bank of Kuwait (CBK), Mo­ham­mad Al-Hashel has an­nounced.

Im­prov­ing the per­for­mance of the na­tional bank­ing and fi­nan­cial sec­tor cadres is a top pri­or­ity for the CBK and Kuwaiti banks, Hashel, also Chair­man of Kuwait In­sti­tute for Bank­ing Stud­ies (KIBS), said in a press state­ment Saturday. He un­der­scored that these cadres are play­ing an in­stru­men­tal role in achiev­ing sus­tain­able de­vel­op­ment for the bank­ing and fi­nan­cial sec­tors in Kuwait and other Gulf coun­tries.

For the eighth year in a row KIBS and Har­vard present this ex­ec­u­tive de­vel­op­ment pro­gram for bank­ing and fi­nance ex­ec­u­tives in the GCC re­gion and some Mid­dle East coun­tries, he said, adding that this year’s edi­tion would be held in Mus­cat dur­ing the pe­riod Jan­uary 28 to Fe­bru­ary 2, 2017. He stated that this pro­gram is de­signed for up­per mid­dle ex­ec­u­tives of lev­els such as depart­ment heads.

The first pro­gram was or­ga­nized in 2009-10 in Kuwait ex­clu­sively for the KIBS mem­ber banks. Af­ter the suc­cess of that pro­gram, and with Har­vard Busi­ness School and GCC bank­ing in­sti­tutes show­ing in­ter­est in a GCC level event, the pro­gram was ex­tended to cover all GCC coun­tries and sev­eral Mid­dle Eastern coun­tries, he pointed out.

The pro­gram is held ev­ery year in one of the GCC coun­tries. Tshe 2016’s edi­tion was held in Qatar and the com­ing would be held in Oman. He es­ti­mated that the num­ber of bank­ing ex­ec­u­tives who par­took in the pre­vi­ous seven edi­tions at 311.

Har­vard Busi­ness School Ex­ec­u­tive Ed­u­ca­tion pro­grams ad­here to the school’s high stan­dards, thus en­sur­ing that par­tic­i­pants and their or­ga­ni­za­tions re­ceive the same qual­ity of learn­ing ex­pe­ri­ence for which the school is so well known, he stressed.

He added that par­tic­i­pants will re­ceive a Har­vard Busi­ness School cer­tifi­cate, ver­i­fy­ing that they have com­pleted the pro­gram. He un­der­lined ea­ger­ness to con­tinue fruit­ful co­op­er­a­tion be­tween Kuwaiti and GCC bank­ing in­sti­tu­tions to make the best use of sim­i­lar pro­grams and ini­tia­tives for train­ing and ex­per­tise ex­change.

He ex­pressed appreciation of the Kuwaiti and Gulf banks and fi­nan­cial in­sti­tu­tions for their keen­ness to ef­fec­tively par­tic­i­pate in this distin­guished pro­gram, and wished them all suc­cess to ma­te­ri­al­ize the ob­jec­tives of their par­tic­i­pa­tion.

Mo­ham­mad Al-Hashel

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