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Ibdar Appoints the BIBF for Board Training
Ibdar Appoints the BIBF for Board Training

08 Feb 2017

Ibdar Bank has announced the appointment of Bahrain Institute of Banking and Finance (BIBF) to deliver executive Corporate Governance training for their Board of Directors (BOD).

Ibdar Bank has announced the appointment of Bahrain Institute of Banking and Finance (BIBF) to deliver executive Corporate Governance training for their Board of Directors (BOD). The Memorandum of Understanding (MoU) between the Bank and BIBF was recently signed at the Bank’s premises in Manama by Acting Chief Executive Officer, Mr. Ahmed Al-Rayes, and BIBF’s Deputy Director, Dr. Ahmed Abdul Hameed Al Shaikh. The 15 hour executive course, which will focus on Shari’ah fundamentals, risk management, strategy and Shari’ah governance in Islamic Financial Institutions, is part of the Bank’s Continued Development Programme (CDP). Commenting on the agreement, Mr. Al-Rayes said: “BIBF are the leading training institution in Bahrain, and we are confident in their vast experience and expertise in delivering quality courses in Corporate and Shari’ah Governance.” Mr. Al-Rayes added: “The Bank is committed to fulfilling Central Bank of Bahrain (CBB) requirements, and this course, which will ensure all board members are up to date with the latest best practices in Sharia’ah and corporate governance, fulfills the Bank’s requisite Continued Development Programme (CDP) as required by the CBB. Dr. Ahmed Abdul Hameed Al Shaikh said: “The BIBF is pleased to partner with Ibdar Bank in the continued training and development of its people. A successful institution must be guided by a well-informed board, and this intensive short course provides participants with the knowledge and real world applications to support organizational success.”