The Bahrain Institute of Banking and Finance (BIBF) recently concluded a two days Masterclass on Corporate Governance for the senior management team of the Bahrain Islamic Bank (BISB).
The programme was held under the leadership of Hassan Jarrar, the CEO of BISB incorporating Central Bank of Bahrain’s (CBB) recommendations on upskilling senior executives with the global best practices of Corporate Governance. The programme was designed with a special focus on delivering the Strategy and Risk management to benefit the Executive Management in “controlled functions” to support their individual competencies to remain competent in their roles, fulfilling part of their annual training needs.
The BIBF Director Ms Solveig Nicklos stated, “BIBF conducts these programmes regularly, consistent with the requirements of the Corporate Governance Code of Bahrain, which has laid special impetus on the role of the management team of BISB in promoting good governance across the organisation. We are pleased to have had the opportunity to run this for the financial services sector in the Kingdom of Bahrain”.
Deen Jayah, Head of the BIBF’s Banking Centre said “We are delighted with the positive feedback that we have received from the senior management team of BISB, who attended this two day programme on Corporate Governance with a special focus on Strategy and Risk management. The participants were briefed on global best practice through case based learning techniques. The Centre for Banking at BIBF is currently working closely with the management team of BISB to organize further engagements to improve the capacity of their senior management”
On his behalf, Hassan Jarrar, Bahrain Islamic Bank Chief Excutive Officer, stated “Corporate governance has taken on added significance during the past decade in the face of increased cross border regulations and the added responsibility on institutions to consistently do things right. In fact, we believe that creating a proper corporate governance culture in today’s environment has been proven to be healthy for the bottom line, as well. As part of our ongoing staff development efforts at all levels within the organisation, this corporate governance workshop was an important and a timely step towards strengthening the capabilities of BisB’s senior management. We look forward towards future quality events”.
The Masterclass was attended by the CEO along with his top senior management team members.
It was led by Mr. Seamus Gillen – A leading Board Advisor. Mr. Gillen has worked extensively with boards and senior executives in the UK, the UAE, Qatar, Oman, Hong Kong China, India, Malaysia, South Africa and the Baltic States.