As part of supporting the community and developing national competencies, Kuwait Finance House (KFH) concluded a comprehensive training program especially designed for Kuwait Petroleum Corporation (KPC) employees.
The program, which lasted for more than a month, comes within the framework of KFH's keenness to support the community, develop national competencies and continue investing in human resources, especially employees in various departments in KPC, with introducing them to banking activities provided by the bank to customers from various sectors.
The program included various topics and themes covering various sectors in KFH. This included workshops and case studies on risk management, and its role in the bank. In addition to defining the banking services package offered to companies, the importance of corporate financing, the role of this in economic development and the discussion of examples and models. Various cases of successful companies were studied as well.
Focusing on KFH Sharia-compliant products and methods, the program covered areas to familiarize the participants with the importance and nature of the work of the Treasury Department, tasks of Strategic Department, introducing commercial finance products such as letters of guarantee, documentary credits, and other various sectors of the bank.
The program touched on topics in project management, operations, financial control, time management and finding solutions to overcome obstacles. In addition to focusing on the importance of creative cooperation and organizing workshops in this field, as well as workshops in information security.
On the sidelines of honoring the participants for completing the training program, Group Chief Corporate Banking Office Ahmed Saud Al-Kharji, referred to the role of “KFH” in transferring expertise and sharing knowledge with the community and national staff in various institutions, whether in the public or private sector. He stressed that this falls within the framework of the social responsibility strategy of the bank, as it reflects the prestigious position of KFH as a reference in its business model and professionalism, and its commitment to developing national talents, staff and competencies.
He said that KFH is a major banking partner for the oil sector in terms of leading major financing deals for the oil sector on one hand, and in terms of refining the skills of oil sector employees, who deal with the banking sector on the other hand. He praised the strong ties that link KFH with the Petroleum Corporation and its various subsidiaries.
Al-Kharji hailed the role of KPC and its subsidiaries in developing and honing the skills of national staff.
He added that KFH plays a pivotal and essential role in spreading the culture of Islamic banking as it is the world's leading Islamic bank. The bank is entrusted with great responsibilities to lead the Islamic banking globally, and to continue to innovate in formulating and offering innovative banking products and services that are compatible with the provisions of Sharia.
Meanwhile, Financial Advisor at KPC, Ali AbdulKarim, praised the initiative of KFH, and his keenness to transfer his experiences to them. He valued the content and diversity of the training program, which contributed to enriching the trainees’ knowledge in various fields.
The trainees also praised the distinguished efforts of KFH in diversifying the program’s topics and modifying it to the needs of the petroleum employees dealing with the banking sector.