PHOTO
Manama: The Bahrain Institute of Banking and Finance (BIBF) won the prestigious Insurance award - The Educational and Training Initiative of the Year 2021, as part of the 8th Middle East Insurance Review Award.
With more than 200 entries from the MENA region, the BIBF made it to the final selection and was awarded along with 15 other industry leaders in different categories.
The 8th Middle East Insurance Industry Awards (MIIA), organised by the Singapore-based Middle East Insurance Review, which is one of the leading publications in the Middle East for the insurance sector, and aims to recognise and salute excellence in the MENA insurance sector, and promote greater professionalism in the market.
The participants were nominated after a review conducted by elite representatives of the insurance sector and audited by EY.
On this occasion, the BIBF’s Director, Dr. Ahmed Al-Shaikh, stated, “We are extremely grateful and honoured to receive this prestigious award as it reflects the efforts made in providing training and development of outstanding quality to the insurance industry. The BIBF provides specialised training to qualify human capital in the insurance sector and provide them with the necessary skills since its establishment. The prevalence of qualifications offered by the BIBF is testament to the many achievements made over the past decades in this field.”
He added, "We always strive to raise the level of specialised training in the insurance sector to provide a positive impact on professionals in order to continue achieving the expected growth of this sector."
On her part, Head of the Insurance Studies Centre at the BIBF, Ms. Manal Mashkoor, added, "We are pleased to receive this internationally prestigious award for the fourth time since its launch in 2014, which indicates the importance of the quality of the distinguished training services that we provide at the local and regional levels, and for this we would like to thank We also thank our local and international partners for their continued confidence in the Institute, and we look forward to serving the insurance sector by providing distinguished training solutions to advance towards the sustainable growth of the local and regional insurance market.”
For her part, MEIR CEO Ms. Sheila Suppiah, said, “Innovation, digital transformation and customer-centric initiatives that came out of the pandemic were truly empowering, not to mention new products launched to serve clients. In addition, how companies used AI, robotics and technology raised the bar in this competition. It was truly amazing to see the enthusiasm from the industry despite the long drawn-out toll of the pandemic. We congratulate the BIBF and all the winners of these distinguished initiatives”.
The BIBF is the region’s premiere training and development provider, recognised for the value, thought leadership and quality of its programmes and consistently achieves exceptional results in comparison to global pass rates for a majority of the professional qualifications it offers.
The Centre for Insurance alone serves more than 16 countries including the GCC, Jordan, Sudan, Egypt, Yemen, Syria, Iraq, Lebanon and Libya. Over the span of four decades, the Centre trained thousands of professionals across the region.
The Middle East Award for the Insurance Sector is one of the most prestigious awards for the Middle East region with clearly defined criteria by a panel consisting of 25 distinguished judges selected from the local, regional and international insurance markets.
-Ends-
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,
- Digital Transformation & Project Management;
- Islamic Finance,
- Insurance,
- Executive Development,
- Accounting & Finance,
- Leadership & Management,
- Supply Chain Management,
- Academic Studies
For further information, please contact the BIBF Marketing & Communications Department:
17815596 | media@bibf.com www.bibf.com
© Press Release 2021
Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
