Manama, Kingdom of Bahrain | The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, and Ivey Business School continue their fruitful cooperation and successfully launched this morning the fifth series of their joint Executive Programme, at the Diplomat Radisson Blu Hotel, Manama, Kingdom of Bahrain. This year’s programme is themed: “Strategic Thinking, Agile Leadership and Curiosity, and Application of FinTech Innovations”.

Senior Executives from different functions of the finance and banking sector, international organizations, as well as regulatory bodies have gathered together to take part in this world-class and highly interactive learning experience.

Day one of the Executive Programme will focus on agile leadership and will have highly interactive exercises to stimulate thinking and disrupt pre-set assumptions among the participants.  The participant will also discover and discuss their level of leadership curiosity as a result of the pre – programme survey that they have undertaken. 

CIBAFI’s Strategic Plan 2019 – 2022 focuses on reinforcing the value proposition of Islamic finance, promoting sustainability and responsible business practices within the IFSI, and addressing the real concerns and challenges facing the industry. Sustainable development within the global financial community is a key aim in CIBAFI’s current strategic direction. In this context, the second day of the programme will also be a forum to discuss banks’ responsibility to the society and ethics. The programme also aims to provide an update on global best practices on FinTech and open banking; coupled with a business case on digitalization.

Finally, this year’s series will feature a guest speaker and will end with a design thinking capstone workshop, that was very well-received from the previous year.

As a leading international organisation in supporting the Islamic financial services industry, CIBAFI seeks to ensure the attainment of inclusive and sustainable development for both present and future generations. CIBAFI continually supports the Islamic financial industry through specific activities and initiatives which promote growth, uphold ethical practices and Islamic finance values in all financial dealings and transactions, and facilitate cooperation between members and institutions of common interest, along with providing platforms to discuss emerging issues, and sharing knowledge through specialized publications and comprehensive training programmes.

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About the General Council for Islamic Banks and Financial Institutions (CIBAFI)

CIBAFI is an international non-profit organisation established in 2001 and headquartered in the Kingdom of Bahrain. CIBAFI is affiliated with the Organization of Islamic Cooperation (OIC). CIBAFI represents the Islamic financial services industry globally, defending and promoting its role, consolidating co-operation among its members, and with other institutions with similar interests and objectives, with over 130 members from 34 jurisdictions, representing market players, international intergovernmental organisations and professional firms, and industry associations.

For more information about CIBAFI, please visit www.CIBAFI.org  
Tel: +973 17357300 Email: media@cibafi.org 

About Ivey Business School 

The Ivey Business School at Western University, Canada was founded in 1922 and is one of North America’s oldest and most established providers of business education. Ivey’s mission is to develop outstanding business leaders who think globally, act strategically and contribute to the societies within which they operate. Ivey is the second largest producer of business cases in the world, and the world’s largest producer of Asian business cases. These business cases are used as teaching materials by top business schools around the world. In 2015, Ivey Business School partnered with the Central Bank of Bahrain to design and deliver the acclaimed Waqf Fund Leadership Grooming Programme for Islamic Banks. About 35 top executives from 10 major banks joined the multi-module programme in Hong Kong and Toronto. In April 2018 and March 2019, with great success, Ivey completed a three-week Central Bank of Bahrain Waqf Fund programme for grooming of Bahrain’s future CFOs in Toronto, Canada and Hong Kong. 

© Press Release 2019

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