JP Morgan and Bahrain Bourse have joined hands and developed a certified training programme which will be offered to companies listed on the Bahrain Bourse to transfer investor relations best practice.
In addition, a programme of free seminars and events will be held to promote investor relations capabilities among these listed companies.
The memorandum of understanding (MOU) was signed by Fouad Rashid, Director of the Bahrain Bourse, and Ali Moosa, JP Morgan Managing Director, Bahrain Senior Country Officer.
“We are extremely pleased to sign this MOU with a leading financial institution with a track record of excellence in investor relations and securities servicing,” said Fouad Rashid, Director of the Bahrain Bourse.
“Bahrain Bourse will continue establishing strategic partnerships with leading international institutions to provide capital markets participants in Bahrain with more knowledge, experience and expertise thereby enhancing competitiveness.”
“JP Morgan has maintained an established presence in The Kingdom of Bahrain for over four decades and has been instrumental in shaping the educational needs of the bankers in the Kingdom and the wider region during this time,” said Ali Moosa, Managing Director, J.P. Morgan Bahrain Senior Country Officer.
“This initiative will contribute to the development of the Bahraini stock market by enhancing the level of efficiency among participants and help support the country’s objective of increasing the visibility of its capital markets across the Middle East. We are very pleased to help support the development of investor relations in the region and look forward to working with the Bahrain Bourse.”