(MENAFN- Kuwait News Agency (KUNA)) Governor of the Central Bank of Kuwait (CBK) Dr. Mohammad Al-Hashel said the Bank's Institute of Banking Studies (IBS) and the Harvard Business School (HBS) will jointly organize a program for building the executive capacity of leaders of the financial institutions in the GCC states and some Middle East countries.
The "Managing Strategically - Leading for Results" executive development program will take place here between May 9 and 14, Al-Hashel said in a press release Monday night.
"This annual program is meant to improve the national cadres of the banks and financial institutions of the countries in the region," he said.
"This will be the sixth course of the annual and the second time with Kuwait as a its venue," he said, noting that Kuwait hosted the first course in 2010 when only the CBK cadres and IBS members took part.
"Dubai hosted the second course in 2011, Doha the third course in 2012, Muscat the fourth in 2013, and then Dubai again the fifth course last year," Al-Hashel pointed out.
The CBK Governor affirmed that the success of the program was the reason behind its continuation over the last five years.
Cooperation between the Institute of Banking Studies and the Boston-based HBS dates back to 2009, said Al-Hashel who doubles as board chairman of the IBS.
He added that the CBK will continue prioritizing the efforts to modernize the financial sector and build the capacity of local banks and financial institutions in collaboration with regional and international institutions.
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