Kuwait’s National Technology Company (Ntec) has appointed London Business School to design and lead a leadership programme for the Kuwait Petroleum Company (KPC), worth $38 million.

Designed to be in complete alignment with KPC’s talent strategy and business goals, the executive education programme will be delivered over five years in multiple locations, said a statement.

Ntec, a wholly owned subsidiary of the Kuwait Investment Authority (KIA) focused on technology investments/projects and human capacity building within Kuwait and the region, was awarded a contract by KPC in September, which will fund the five-year programme.

London Business School will be the lead partner for the programme as part of a global consortium of leading institutions from across the world.

Professor Sir Andrew Likierman, dean, said: “We are delighted to be working on this exciting programme.  In addition to our Executive MBA, we already have major clients in the region, some of them very long standing.”

Anas Meerza, general manager, Ntec, added: “We are pleased to be collaborating with KPC and London Business School to train and develop leaders within the oil sector. It’s critical to train and build the capacity of the nation’s workforce to thrive in the field of advanced technological projects.”

The programme will involve 300 participants, across different streams at three levels within the organisation (managing director level, deputy managing director level and manager level).  

Participants will follow a customised programme linked to KPC’s business strategy and individuals’ personal development needs and then attend open enrolment programmes. - TradeArabia News Service