The Bahrain Institute of Banking and Finance (BIBF) welcomed Ms. Sian Fisher, the CEO of the Chartered Insurance Institute (CII, UK) – the world’s largest professional body for the Insurance and Financial Planning Professions – to discuss existing relationships, ongoing aspects of cooperation, and share experiences between the Institute and CII in the field of insurance training.
Leading the professional standards body for insurance since February 2016, Ms. Fisher has a large breadth of experience in the business of insurance having held senior roles in the Insurance and Financial fields within the UK and Europe. She was a Founder and Board Director of Managing General Agents’ Association and has held senior positions with both the CII and the Insurance Institute of London.
The Chartered Insurance Institute (CII) has provided qualifications to over one million students in 150 countries over the last 10 years, and the BIBF has worked closely with the UK-based entity to provide the region with the CII’s qualifications and expertise. The BIBF is the only training provider in the world to offer the CII’s Diploma in Insurance (Dip CII) qualification entirely in the Arabic language.
Recently, the BIBF has completed its periodic submission of its qualifications to the CII and has been awarded recognition of prior learning credits valid until September 2020.
Ms. Fisher met with the Governor of the Central Bank of Bahrain H.E. Mr. Rasheed Al Maraj; the BIBF’s Director, Dr. Ahmed Abdul Hameed Al Shaikh; the Head of the Insurance Centre, Ms. Manal Mashkoor, and key BIBF stakeholders. Furthermore, Ms. Sian held a session at the BIBF seminar room entitled “Insuring Women’s Futures” speaking on what the insurance industry can to do to improve understanding of, and better respond to, the needs of women as customers and employees. The session focused on a number of key topics including women’s risks in life, women’s careers in risk, and risk solutions for women. Over 50 female insurance industry professionals attended the event.
The BIBF’s Director, Dr. Ahmed Al Shaikh stated, “The CII is one of the BIBF’s most valued learning6 partner. We maintain strategic relationships with the world’s leading awarding bodies, across different educational sectors, and are committed to providing Bahrain and the region with the best qualifications the market has to offer, through our in-house courses and international affiliations.”
Due to the international trust in the BIBF as a centre of excellence for specialised training, an increased number of delegations are visiting the institute to discuss ways of cooperation, whereby training arrangements are done for human capital development regionally and on a global scale.