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Manama: SNIC Insurance, a leading Insurance company in Bahrain, announced its strategic partnership with the Bahrain Institute of Banking & Finance (BIBF), Region’s premiere training and development provider, as it joins the corporate sponsorship project within the BIBF new iconic building in Bahrain Bay.
The agreement to this effect will see a study hall named after SNIC Insurance company at the BIBF’s new state-of-the-art building, with an expected inauguration later this year to serve the training needs of the financial sector in the Kingdom of Bahrain and beyond.
This partnership will further enhance SNIC’s strategic position in the Insurance space, as a major supporter of human capital development in the Kingdom’s Insurance sector.
The national project comes in line with the BIBF’s expansion plans in and outside Bahrain to further accommodate the growing demand and improve the learning experience, representing an important milestone in the development of Bahrain’s financial services sector and the national economy.
On this occasion, General Manager of SNIC Insurance Company, Mr. Khalid Al-Shaikh, stated, “We at SNIC Insurance are proud of our collaboration with the BIBF, as it reflects our commitment in supporting the development of Insurance professionals in the sector.
He also added, “This partnership comes in line with SNIC’s strategy to advance the Insurance sector in Bahrain, especially with the continuous advancement of technology and digital transformation in the Insurance field.”
On his part, BIBF Director, Dr. Ahmed Al Shaikh said, “We are delighted to have the support of SNIC Insurance, as a leading company in offering innovative Insurance solutions in the Kingdom, that is committed to building the Insurance workforce of tomorrow.”
He also added, “This national project represents a pivotal stage in the journey of human capital development, providing the right training infrastructure for learners to support various sectors in Bahrain and the national economy as a whole.”
The construction on the BIBF’s new landmark commenced earlier last year with a total structural area of 25,000 square meters that stands as a luxury waterfront development; providing the latest technologies, cutting-edge facilities and digital innovation to ensure the highest standards of efficiency, and a unique learning experience.
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ABOUT BIBF
The BIBF is the leading training and education provider in the region, and is affiliated to the Central Bank of Bahrain. The Institute plays a vital role in the development of human capital in the Kingdom of Bahrain, the Gulf region, the wider Middle East, Africa and beyond.
The BIBF’s commitment to excellence has strengthened its position as the leading educational provider across all major business disciplines. The BIBF serves as a partner to numerous world-class institutions; delivering Thought Leadership, Assessment and Training in the areas of:
- Banking,
- Islamic Finance,
- Executive Development,
- Accounting & Finance,
- Academic Studies,
- Leadership & Management,
- Supply Chain Management,
- Insurance
- Digital Transformation & Project Management;
Resulting in a Complete Business Solution.
For further information, please contact the BIBF Marketing & Communications Department:
1781 5596 | media@bibf.com
www.bibf.com
© Press Release 2021
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