Finance & Capital Market

Cibafi set to launch executive programme in Bahrain

The General Council for Islamic Banks and Financial Institutions (Cibafi), the global umbrella of Islamic financial institutions, and Ivey Business School are set to deliver their 4th joint Executive Programme in Bahrain.

The event with the theme on “Strategic Thinking, FinTech Innovation, Founder’s Mentality, and Leading Digitalization” will be held on November 13 and 14.

Following the successful execution of three consecutive joint Executive Programmes, this 2018 Executive Programme is the fourth annual offering between Cibafi and Ivey Business School to deliver a world class and highly interactive learning experience for Islamic Financial Institutions (IFIs) C-suite Executives in the domain of strategic thinking, fintech innovation, founder’s mentality, and leading digitalization in the face of disruptive changes.

This programme is set to begin with a practical deep-dive into the application of strategic thinking, which is crucial for the development of business leaders in a VUCA world. The first session is followed by a FinTech business case, which will delve into practical applications in building a FinTech business in digital currency and how to promote legitimate adoption among traditional banking customers.

This programme will also take a deeper look at Founder’s Mentality, whereby principles and tools will be applied to the analysis of how an incumbent national bank has disrupted its business model through digitalization and rebuilt its entrepreneurial culture in creating a 22,000-person start-up.

By the end of the programme participants will be entitled to receive joint certificate of attendance from Cibafi & Ivey Business School.

Abdelilah Belatik, secretary general of Cibafi said: “It is with great pleasure to organize for the fourth year in a row, Cibafi – Ivey Business School Executive Programme for the C-suite Executives of the Islamic Financial Industry. What makes this programme unique is the combination of case studies and recent thoughts on strategic thinking, innovation and financial technologies in the context of Islamic financial services industry.”

Professor Chris WH Chan, associate dean, of Ivey Business School said: “The Ivey learning approach is based on learn-by-doing, not just learn-by-listening. What executives truly need does not come from a textbook. It is experiential and intuitive, which is something we call the Ivey Learning Experience. The experience is carefully orchestrated to mirror the business decision making process and integrate across business disciplines.”

This Executive Programme is aligned with Cibafi’s strategic plan to promote and facilitate the growth of Islamic Finance. In addition, Cibafi continues to support the Islamic Financial Services Industry through various activities and initiatives.

These include providing industry stakeholders with a platform to discuss emerging issues, policy and regulatory advocacy initiatives, representing the industry at major global financial events, and sharing knowledge through specialized publications and comprehensive training programmes. – TradeArabia News Service