Burgan Bank continuously investing in national human capital |
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Achieves 61% Kuwaitization
Kuwait City: Burgan BankBurgan Bank
– amongst the leading and most dynamic commercial banks in the state of Kuwait, recently recruited and provided and induction training program for 20 promising nationals into its workforce. With this latest induction the Bank has in 2009 recruited 116 young nationals into its diverse workforce. The Bank continues its commitment to sustainable national development by supporting the advancement of national human capital as a part of the Banks aggressive corporate social responsibilities framework. The Bank now boasts of a healthy 61% of Kuwaitis in its workforce.Says the Bank’s Chief Human Resources & Development Officer, Maliha Al Ayar, “We have recruited over 116 nationals into our workforce in 2009 and we will continue to recognize their potential, identify their strength and hone their skills though training and development programs. Giving our nationals an opportunity to contribute to our success and contributing to the country’s Kuwaitization initiative has been a key component of our Corporate Social responsibility framework and philosophy.
In addition, Burgan bankBurgan bank has helped to train and develop 30 trainees in the summer training program. We believe it is our role and responsibility to provide and enhance the skills required for this young enthusiastic group to effectively find a successfully career while they are equipped with the right knowledge and skills to help them achieve their goals”
Burgan BankBurgan Bank presents a successful model of a private sector firm’s ability to attract young, ambitious Kuwaitis, provide them with the skills through structured training and development programs to mould them into successful Bankers, she added. The Bank strives to invest in its employees, reward them with best-in-class benefit programs and pave the road for them to take advantage of the various career development and growth opportunities in the Bank.”
-Ends-
About BurganBurgan Bank
Burgan BankBurgan Bank, a subsidiary of KIPCO (Kuwait Projects Company), is a regional bank with majority owned subsidiaries in the MENA region. The youngest and most dynamic regional commercial bank, established in 1977, the Bank has acquired a leading role in the retail, corporate and investment banking sector through innovative product offers and technologically advanced delivery channels. Its subsidiaries include Gulf Bank Algeria (Algeria), Bank of Baghdad (Iraq) and Jordan Kuwait Bank (Jordan). It has continuously improved its performance over the years by applying an expanded revenue structure, good asset quality, diversified funding sources and a strong capital base. The adoption of state-of-the-art services and ground-breaking technology has positioned it as a trendsetter in the domestic market and within the MENA region. At present it enjoys a wide reach through our network of 21 branches and over 120 ATM's making it one of the widest ATM networks in the GCC.
The brand has been created on a foundation of real values – of trust, commitment, excellence and progression to remind us of the high standards to which we aspire. ‘People come first’ is the foundation on which its products and services are developed and are further augmented by its three pillars of innovative technology, staff competency and customer service. It is committed to offering an enhanced banking experience.
Excellence is one of the banks 4 key values and Burgan BankBurgan Bank continually strives to maintain the highest standards in the industry. The Bank was recertified and is still the only bank in the GCC with ISO 9001:2000 certification in all its banking businesses. It also has to its credit the distinction of being the only bank in Kuwait to have won the JP Morgan Chase Quality Recognition Award, 12 year in succession and was also acknowledged as the ‘Best Local Private Bank’ in Kuwait in the Fourth Annual Euromoney Private Banking Survey 2007. Further, for two consecutive years, it was conferred the COMMERZBANK Recognition Award, for maintaining high standards of quality, efficiency and reliability while processing Euro currency transactions as well. The Bank’s commitment to uphold best practices was recognized when it won the region’s first Hawkamah-UAB Bank Corporate Governance Award 2007 while its marketing excellence was recognized as amongst the best in the region by the Middle East Business Achievement Awards 2008.
© Press Release 2009
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