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Sunday, November 15 - 2009

Sakana hits 75% Bahrainisation with new recruits

A new burst of recruitment sees several fresh Bahraini recruits being brought up to speed with the world of Islamic mortgage finance as part of Sakana Holistic Housing Solutions commitment to developing young Bahraini talent.

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This brings the total number of Bahrainis on staff to the significant figure of 75%. It also brings the total number of female staff to 44%, a sign of the mortgage provider's affirmative stance in encouraging women to enter the workforce, and, importantly, to build a solid career path.

As with all Sakana staff, the recruits will be put through a combination of on- and off-site training programs to ensure they are equipped with sufficient business knowledge to offer customers accurate, consistent information and quality service.

Mr. R. Lakshmanan, CEO of Sakana, said: "Bahrain has a wealth of talent in its young men and women who are just waiting to make their mark on the world of business. We have benefited from the enthusiasm and expertise of our Bahraini staff members, whose ability to grasp the fundamental principles of Islamic mortgage finance has allowed them to make rapid progress."

New recruit, Shaika Janahi, said: "Working for such a young and dynamic company is rewarding, and I feel that my contribution is recognized and appreciated. I have ambitions to grow with the company and am sure that opportunities for personal development will come in due course."

Sakana is a young company in more ways than one - it is just over one year old, and many of its staff are young professionals starting out on their careers. Its ongoing policy of recruiting young staff in order to train them from scratch the Sakana way allows Sakana to meet increasing demand in the rapidly evolving Islamic mortgage finance sector.
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Notes and media contacts

About Sakana Holistic Housing Solutions
Sakana Holistic Housing Solutions BSC © extends a unique range of Sharia'a-compliant products and services that enable and ease the process of home ownership in the Kingdom of Bahrain. The company offers a unique mortgage financing model as well as access to a network of partners offering housing-related services such as architects and real estate companies.

Underpinned by values of spirituality, Sakana works in partnership with its customers and its value networks to create quality and innovative housing solutions that are customized to address specific and market needs.

Sakana is a 50:50 joint venture between BBK (formerly Bank of Bahrain and Kuwait) and Shamil Bank. The Board of Sakana Holistic Housing Solutions comprises five members with two representatives each from Shamil Bank and BBK and one independent director.

Issued on behalf of Sakana by Hill & Knowlton.
For press information contact:
Fiona Clark
Hill & Knowlton
Tel: +973 17 53 35 32
Fax: +973 17 53 33 70

Haya Khalil
Sakana Holistic Housing Solutions BSC ©
Tel: +973 17 20 19 37
Fax: +973 17 21 46 63

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