Bahrain finance student sets IDC record
Manama, April 15, 2014
A Bahrain Institute of Banking and Finance (BIBF) student has set a global record in the International Diploma in Compliance (IDC) examination.
National Bank of Bahrain head of compliance Balu Tiruvilandur achieved a score of 84 per cent to obtain the IDC, a global benchmark qualification demonstrating excellence in compliance practice.
"I would like to thank my organisation for providing me the opportunity to pursue this qualification and BIBF for their continued commitment to excellence in education," Tiruvilandur was quoted as saying in the Gulf Daily News, our sister publication.
The diploma is awarded by the International Compliance Association in collaboration with the University of Manchester Business School.
The IDC is a recommended qualification for money laundering reporting officers (MLROs)/ deputy MLROs and compliance officers as per the requirements listed out in the Central Bank of Bahrain's training and competency model.
BIBF graduates surpassed global figures in the distinction criteria and have achieved a 13 per cent 'pass with distinction' against a global distinction rate of 11 per cent.
BIBF deputy director Dr Ahmed Al Shaikh commended the faculty for "working tirelessly to ensure that exceptional training standards were being met."
"This is a clear testament to BIBF's commitment to provide world-class education, not only to Bahrain and the Middle east and North Africa region, but the world at large. Our aim is to become the global institute of choice," Dr Al Shaikh added.
ICA sales and marketing director Helen Langton and advisory board member Dean Rowan also attended the graduation ceremony at BIBF.-TradeArabia News Service