Further Collaboration, Constructive Relation between Two Organizations

Kuwait, April 19th 2017 

Kuwait Finance House (KFH) has renewed the Memorandum of Understanding MOU with Gulf University for Science and Technology (GUST), in continuation of the efforts to further provide a framework for cooperation and coordination, while boosting a constructive connection between the two organizations.

Group Chief Human Resources Officer at KFH, Frederick Carstens, and AVP for Planning and Development at GUST, Eng. Paul Zalloua signed the MOU at KFH Headquarters in presence of VP for Academic Affairs at GUST, Dr. Salah Al Sharhan, Group Public Relations and Media at KFH, Yousef Al-Ruwaieh and officials from both sides.

“We are delighted to renew the long-standing collaborative links with GUST. It is envisaged that renewing the MOU will definitely foster development links between the two organizations for the best interest of KFH employees and GUST students” said Frederick Carstens.

He added, on the sidelines of inking the MOU, that the framework of cooperation with GUST encompasses training programs, internships, full-time and part-time jobs, KFH sponsorship of GUST activities, career seminars, GUST facilities and space utilization, case studies programs including approaches and collaboration frameworks.

He illustrated that pursuant to the MOU, KFH and GUST recognize each other as important organizations in the learning and development field.

Carstens reiterated that KFH is keen on maintaining high levels of services and benefits to its employees and new recruits, indicating the bank encourages them to be certified and highly qualified by providing them with all the tools they need to enable them to enjoy productive and satisfying careers. KFH continues its efforts to be a leader in the field of talent development, particularly national labor by attracting, training and qualifying young graduates.

Meanwhile, VP for Academic Affairs at GUST, Dr. Salah Al Sharhan said “We look forward to continuing our cooperation with a leading institution in the private sector such as KFH, and we value their efforts in working with us in preparing our students for leadership positions. One of our top priorities is preparing our students to face the workplace with confidence, equipped not only with academic knowledge but also with skills that enables them to tackle everyday challenges.”

“This MoU is important to the future of our graduates. Being proactive with KFH through our internship and placement programs, we offer our students yet another opportunity to join the workplace immediately after graduation. KFH has been supportive of our programs, and their feedback on the performance of our graduates is valuable towards preparing our students in aspects of workplace skill and productivity", concluded AVP for Planning and Development, Eng. Paul Zalloua.

-Ends-  

Kuwait Finance House (KFH)
KFH was established in Kuwait in 1977 and is enlisted in the Kuwait Stock Exchange. KFH Group is a global pioneer in the field of Islamic banking services, where it offers a wide array of Islamic products and services, not to mention a high standard of innovation and client service.

KFH manages its operations in the GCC, Asia, and Europe through over 480 branches, including KFH-Turkey, in order to offer services for the bank's clients in Turkey, Malaysia, Saudi Arabia, Bahrain, Germany, Jordan, and Dubai.

KFH's mission is to achieve highest levels of excellence and innovation in the field of client service, while developing common interest for all those concerned with the financial institution. KFH's vision is to spearhead the global development in Islamic financial services, and to upgrade the bank into the level of becoming the most sustainable profitable Islamic bank in the world.

KFH's values include cementing leadership through all its businesses, including leadership in the Islamic banking services worldwide, through innovation and in client service and the development of its employees. In addition, KFH is committed to all its procedures, and to setting up long-life partnerships with the concerned authorities.

For more information, please visit: www.kfh.com

© Press Release 2017