BisB inks partnership deal with Bahrain Polytechnic
MANAMA, February 15, 2020
Bahrain Islamic Bank (BisB) said it has signed a MoU with Bahrain Polytechnic in line with its efforts to promote education and innovation.
Through the mutually beneficial partnership, BisB and Bahrain Polytechnic will embark on a combination of initiatives which aim to equip students with enhanced soft skills such as innovation, creativity, entrepreneurship and leadership in order to create a future-ready workforce.
As part of the Bank’s Corporate Responsibility Program, Jood, BisB CEO Hassan Amin Jarrar and Bahrain Polytechnic CEO Dr. Jeff Zabudsky signed the deal in the presence of a number of officials at the BisB’s Headquarters.
The joint initiatives will include several internship and training programmes, including intensive bilingual workshops conducted by members of the bank’s staff in order to provide the students with in-depth insights and a hands-on learning experience.
The programme has been carefully curated by both parties with the aim of prioritising students’ real experience in the financial world across multiple departments, said the statement from BisB.
It will focus on a deep-dive into the frontline of innovation to gain the tools and techniques to drive digital transformation in any sector by conducting research projects on real life case-scenarios involving the bank’s departments, it stated.
“We are delighted to enter into this partnership with Bahrain Polytechnic, and we’re inspired by their ethos of offering academic programmes for their students’, combining theoretical and practical teaching methods to produce professional, work-ready graduates," remarked Jarrar.
"We plan to launch a number of initiatives aimed at fine-tuning the students’ knowledge, thereby enabling them to gain real-life insights into the financial and banking industry, giving them a behind-the-scenes glimpse into the inner workings of our bank," he stated.
"This partnership comes in line with ‘Jood’ which focuses on educating the younger generation, through innovation, in order to create a highly educated workforce which is equipped with the requisite skills and mindset, in order to prepare them to be leaders in the local workforce in today’s modern world," he added.
On the tieup, Dr Zabudsky said: "We are excited at the prospect of launching these educational initiatives with an aim to further strengthening the skills of students at Bahrain Polytechnic."
"This programme, with its combination of workshops and training, will better prepare our students to enter the job market as leaders, by providing them with the added advantage that comes with gaining real-life and hands-on experience in the financial sector across multiple departments," he stated.
According to Jarrar, the bank remains committed to strengthening cooperation with various entities and institutions in Bahrain, in line with its corporate social responsibility (CSR) platform, ‘Jood’, in order to launch various education-based initiatives that focus on innovation.
"Team Jood was established in March 2019 and consists of a number of the Bank’s employees who actively participate in various initiatives throughout the year," he added.TradeArabia News Service
