Bahrain Islamic Bank participates in executive training program in USA

The training program is organized by Bahrain Institute for Banking and Finance (BISBF), in collaboration with Darden College for Business Administration at University of Virginia.

Mr. Abdul Khaliq was a member of Bahrain's 28 delegates representing the government and private sectors, including Bahrain Monetary Agency, Batelco, Bapco, Banagas, and other local banks.

"It is the first time for BIsB to participate in this training program, which has been organized for the past eight years by Bahrain Institute for Banking and Finance", said BIsB Chief Executive Officer, Mr. Yousif Khalaf. "Our participation in this training program clearly reflects BIsB's keen desire to develop its human resources and qualify its employees to assume leading and senior positions in the bank", he added.

The 8-month program, jointly held in the Kingdom of Bahrain and USA, is a specialized program, which aims at polishing the skills of senior executives and expanding their knowledge and experience in various domains covered by the program.

Each participant should submit a research which tackles a certain topic assigned by program officials. Mr. Abdul Khaliq's research, with his group, tackled the issue of Islamic Banking and Liquidity Management Solution.

For his part, Mr. Abdul Razaq Abdul Khaliq, BIsB Senior Manager for Central Operations and Member of International Chamber of Commerce ICC, expressed sincere thanks and appreciation to BIsB Management for allowing him to participate in this major training program.

"BIsB's decision to participate in this program is part of the wise directives of its executive management, led by its CEO, Mr. Yousif Khalaf, which aims at developing its human resources and enabling them to cope with the needs of the current phase and technological development towards further improving the banking services rendered by BIsB to its clients.

"The training program is highly organized. It mainly focuses on fostering the spirit of team work and group thinking. It also focuses on enhancing the process of decision making and creative solutions through organized thinking of the group and not individuals. The program is meant to polish the skills of communication and other social skills. The program is very useful and involves great value", said Mr. Abdul Khaliq.

The training program, which covered five weeks in University of Virginia included a week in Washington DC. Participants paid various visits to establishments & organizations such as the International Monetary Fund (IMF), where participants met with the Chairman and discussed with him key financial issues of major concern to the Kingdom of Bahrain.

"The week we spent in Washington DC and the visits we made there were a marvelous part of the training program, which contributed to enriching our skills, knowledge and understanding. We have greatly benefited from this program", Mr. Abdul Khaliq explained. "The visits allowed the people we met with to get acquainted with the educational atmosphere and administrative progress achieved by the Kingdom of Bahrain", he further said.

Mr. Abdul Khaliq has a long experience which exceeds 30 years, mostly in serving the Islamic banking sector. He is one of the early employees who joined the bank in 1981, immediately after its establishment. Mr. Abdul Khaliq assumed several administrative positions, starting with Branch Manager, Islamic Financing, Manager of Marketing Division, Manager of Internal Audit, and currently as Senior Manager of Central Operations in BIsB.