The Bahrain Institute of Banking and Finance (BIBF) took part in the recent Gulf Cooperation Council (GCC) Commission of Banking Institutes and Colleges meeting in Saudi Arabia that focused on the exchange of experience and knowledge between institutes in the Gulf region and the development of ways to support banking and finance education.
BIBF Deputy Director Ahmed Abdul-Ghani Al-Shaikh represented Bahrain at the meeting in Jeddah that was chaired by Dr. Fahd bin Abdullah Al-Dosari, director general of Saudi Arabia's Institute of Finance.
During the meeting, participating parties discussed the latest developments in education and training for banking and finance, opportunities to strengthen the council and ways to develop a strategy for education across the region. The meeting also involved the idea of strategic partnerships in higher education.
Al-Shaikh examined training opportunities for joint collaboration, ways to grow human capital within the financial sector and sustainability opportunities to meet the aspirations of the growing labor market. He noted that education will play a major role in training this labor market and that there was a need to ensure the reliability and quality of programs.