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BisB inks MoU with Bahrain Polytechnic

February 15, 2020
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BisB inks MoU with Bahrain Polytechnic

Executive Management and Employees from Bahrain Islamic Bank and Bahrain Polytechnic after the signing ceremony


Manama: In line with bank’s Corporate Responsibility Programme, Jood, Bahrain Islamic Bank (BisB) signed a Memorandum of Understanding (MoU) with Bahrain Polytechnic.

The signing ceremony was held at BisB’s Headquarters attended by Hassan Amin Jarrar the Chief Executive Officer of BisB and Dr. Jeff Zabudsky, the Chief Executive Officer of Bahrain Polytechnic, and a number of officials from both institutions.

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.

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, 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.

“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. 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. 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,” Jarrar, said.

“We look forward to kicking off this fruitful partnership with BisB, who have set a precedent as a Bank as leaders in innovation in the Kingdom of Bahrain, and are excited at the prospect of launching these educational initiatives with an aim to further strengthen 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,” Dr. Zabudsky, said.

BisB remains committed to strengthening cooperation with various entities and institutions in the Kingdom of Bahrain, in line with BisB’s Corporate Social Responsibly (CSR) platform, ‘Jood’, in order to launch various education-based initiatives that focus on innovation. ‘Team Jood’, the Bank’s CSR committee, was established in March 2019 and consists of a number of the Bank’s employees who actively participate in various initiatives throughout the year.

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