25 June 2025

The Bahrain Institute of Banking and Finance (BIBF) has signed a strategic agreement with OpenThinking Academy, an ACFE-authorised training provider, to launch the Certified Fraud Examiner (CFE) Programme in the Kingdom of Bahrain — a globally recognised qualification in fraud detection, financial crime prevention, and forensic accounting.

The signing ceremony was attended by Dr. Ahmed AlShaikh, Chief Executive Officer of BIBF; Mr. Iyad Mourtada, Managing Director of OpenThinking Academy; and Mr. Bassam Kazerooni, Acting Head of the Banking & Finance Centre at BIBF.

The CFE certification, accredited by the Association of Certified Fraud Examiners (ACFE), equips professionals with in-demand skills in fraud risk management, investigation techniques, legal frameworks, and forensic data analysis — all essential for combating financial fraud in today’s complex business environment.

Dr. Ahmed AlShaikh commented:
“This collaboration supports our mission to upskill Bahraini and regional professionals in the fight against financial crimes. The CFE credential enhances integrity, transparency, and ethical practices across key industries.”

Mr. Iyad Mourtada added:
“This initiative delivers world-class fraud examination training to professionals in compliance, audit, risk, and financial security, preparing them to meet global standards and regulatory expectations.”

The first intake of the CFE Programme in Bahrain is set to commence in September 2025 at BIBF’s headquarters, delivered by certified experts with extensive industry experience.

The programme is specifically designed for professionals working in compliance, internal audit, fraud investigation, risk management, accounting, law, and public sector oversight bodies. It also targets fraud investigators in the banking and insurance sectors.

Participants will benefit from a comprehensive training package that includes one-year ACFE membership, access to the digital Fraud Examiners Manual, exam preparation materials, mock exams, and 30 Continuing Professional Education (CPE) credit hours.

To register or learn more, please visit the programme page on the BIBF website.