(MENAFN - Arab Times) Citi Kuwait sponsored a three-week intensive training program targeting 20 Kuwaiti university graduates to prepare them to work in the economic and financial sector of the Kuwaiti Market.
Training was conducted by George Werner, an ex-Citibanker and a banking expert from Polar Associates, a NY-based consultancy which provides high quality risk management training to financial institutions and corporations and specializes in credit risk analysis and management, corporate finance and the analysis of financial institutions.
The highly intensive, highly participative practical program entailed two weeks of unique credit risk analysis and management and one week of corporate finance which provided trainees with a solid foundation for further professional development.
A mix of lectures, exercises, case studies and team presentations reinforced a basic understanding of credit risk and corporate finance.
"The training program was well received by trainees who can now move comfortably to the next phase of intensive financial training. Once completed, they will be well prepared to work with any of the financial institutions in Kuwait and the region," said Ozgur Kutay, General Manager for Citibank NA Kuwait.
"We continue to play our role as a provider of quality banking services, as well as a responsible corporate citizen across all the local markets that host Citi worldwide. This and other focused training efforts are in line with Citi's long-term strategy and commitment to developing local professional talent," continued Kutay.
Adnan Al-Baker, Assistant Manager of the Training Center at KIA commented: "This training program falls within KIA's annual recruitment plan. Each year, we take two groups of 20 university graduates and put them through a one year training program, designed to give them a thorough grounding in finance.
It gives us great pleasure to have Citibank NA Kuwait again involved in the training and induction process to provide the trainees with hands-on experience, a partnership that has been ongoing continuously for more than a decade".