BIBF’s Board of Directors holds its first meeting in the new building in Bahrain Bay

Sunday, October 10, 2021

The Board of Directors of the Bahrain Institute for Banking and Finance (BIBF) held its periodic meeting, chaired by H.E. Mr. Rasheed Mohammed Al-Maraj, Governor of the Central Bank of Bahrain and Chairman of the Board.

This meeting was the first in the BIBF new iconic building in Bahrain Bay, that is set to provide the best facilities for learners, attended by the Board members and Executive Management, in the presence of the Director Dr. Ahmed Abdul Hameed Al Shaikh to for discussions on the business plan and the strategic way forward.

During the meeting, new initiatives were presented by the BIBF Learning Centres and discussed future training programmes and qualifications, and upcoming initiatives tackling the latest trends and topics in the field of Banking, Financial Technology, Cybersecurity, Insurance, Leadership and Management, Academic programmes and other professional qualifications related to the business field.

The chairman and the members of the board commended the excellent performance by the management and staff and for achieving the KPIs defined for this period, and  acknowledged the team efforts for completing the new building project as a national edifice and qualitative addition to the Kingdom’s infrastructure.

While the BIBF contributes to strengthening the Kingdom’s leading position in training and development, the new building project provides the right training infrastructure for learners to support the business sector in Bahrain and the national economy as a whole, contributing to reaching the desired goals of the comprehensive development process led by His Majesty, the King of the country, may God protect and preserve him.

The design of the new building has taken into account the best education facilities, keeping pace with the latest developments in the technology, the new building provides new solutions for information technology, e-learning, and smart classrooms as one of the teaching methods applied at the BIBF, in addition to the requirements and specifications of sustainability and green buildings and the application of a policy for energy conservation to maintain the environment and natural resources, with all facilities for the movement of special needs students or staff, where slopes are provided at all entrances of the building in addition to providing lifts near the entrances to ensure easy movement through the floors.

The new building also includes electronic systems for various services, in addition to the installation of solar panels that provide energy-saving consumption in the building, in order to maintain the development process of sustainable energy and with the aim of qualifying local cadres in the banking and financial sector with the highest degree of efficiency and quality.

The Board of Directors also stressed the importance of training and human capital development in all business sectors as a strategic goal for the Kingdom and finding a solid foundation for the progress of markets in the Kingdom of Bahrain, producing a sustainable and balanced framework for the future of the national economy.

The meeting concluded by appreciating new strategic initiatives and trends focused on strengthening the institute’s structure and growth to provide training opportunities and prepare highly skilled talents for Bahrain’s workforce in the context of digital development.