KUWAIT CITY, Feb 11: Gulf Bank is spearheading the banking professional excellence by collaborating closely with the Chartered Institute for Securities and Investment (CISI), following its agreement with the Capital Markets Authority (CMA) back in January 2015
A signed Memorandum of Understanding between the two organizations envisions a promotion of a qualifications framework to the Kuwaiti market where CISI qualifications is mandated to specific job functions within CMA licensed entities.
Gulf Bank is following suit by integrating excellence into its banking services through a series of trainings provided by the CISI. So far, forty-eight employees from both the wealth division and priority division already undertook the International Certificate in Wealth and Investment Management training (ICWIM) and the International Introduction to Securities and Investments training (IISI).
The ICWI covered the essentials of financial planning, private client asset management, fund management, advisory functions and investment analysis from a global perspective. As for the ISSI, it offered a broad introduction to the financial services industry, with a specific focus on investments from a global perspective. It is the foundation exam for many higher-level CISI qualifications.
Tareq Al Saleh-Assistant General Manager-Investments at Gulf Bank, Meshari Shehab-Assistant General Manager-Priority Banking at Gulf Bank, and Esra Alhabib-Manager-External Relations at Gulf Bank, met last week with Simon Culhane-CISI CEO, and Matt Cowan-CISI Regional Director, to further discuss the collaboration and to set future plans.
Tareq Al-Saleh, Assistant General Manager-Investments at Gulf Bank commented on this step and said: “In line with the CMA efforts, Gulf Bank emphasizes on promoting and enabling its staff with the right competencies for efficient banking services results. By collaborating with the CISI, we are not only keeping up with the international best practices, but also integrating them into our daily performance.”
CISI is a not for profit organization whose mission is to set standards of professional excellence and integrity for the securities and investment industry, providing qualifications and promoting the highest level of competence to its members, individuals and firms.
For more details about Gulf Bank initiatives, please visit the bank’s website:
www.e-gulfbank.com or its social media accounts.