PRESS RELEASE: 13th November 2018, Manama, Kingdom of Bahrain

  • 13/Nov/2018

Bahrain witnessed the launch of the fourth series of CIBAFI – Ivey Business School Executive Programme

 

13th November 2018, Manama, Kingdom of Bahrain | The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, and Ivey Business School successfully launched this morning the fourth series of their joint Executive Programme with this year’s theme on “Strategic Thinking, FinTech Innovation, Founder’s Mentality, and Leading Digitalization”, at Le Meridien Hotel, Manama, Kingdom of Bahrain.

Following the successful execution of three consecutive joint Executive Programmes, this 2018 Executive Programme is set to deliver a world class and highly interactive learning experience for Islamic Financial Institutions (IFIs) C - suite Executives in the domain of Strategic Thinking, FinTech Innovation, Founder’s Mentality, and Leading Digitalization in the face of disruptive changes.

CIBAFI Global Islamic Bankers Survey (GIBS) 2018 revealed that the rise of Fintech has been making radical shifts in the way financial transactions are carried out. Banks have been turning to big data and analytics to survive and to grow their businesses today. Thus, the future success of the industry lies in adopting technologies like ambient intelligence, predictive analysis, deep learning, machine learning etc…  This inevitability of new technology adoption has been at the core of many discussions in the industry and one of the main subjects banks should be focusing on at the moment.

GIBS 2018 also showed the critical role of leadership and Innovation within institutions, which are important elements for defining the future course of institutions and the overall success of the industry. To respond to these challenges and disruptions, through the unique learning method of this programme, participants will be exposed on a practical deep-dive into the application of strategic thinking, which is crucial for the development of business leaders in a VUCA world.  Participants will develop a set of skills to effectively analyze issues, develop strategies and execute plans successfully.

This Executive Programme is aligned with CIBAFI’s strategic objective to promote and facilitate the growth of Islamic Finance. In addition, CIBAFI continues to support the Islamic Financial Services Industry through various activities and initiatives. These include providing industry stakeholders with a platform to discuss emerging issues, policy and regulatory advocacy initiatives, representing the industry at major global financial events, and sharing knowledge through specialized publications and comprehensive training programmes.

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