Al Baraka Banking Group Launches IT Professional Development Program for the Group's IT Officers
Al Baraka Banking Group B.S.C (ABG) has launched IT Professional Development Program for officers of the departments of Information Technology in the Group and its banking subsidiaries, where the first forum of the program was held late last month and was attended by 16 employees from the Group's subsidiaries in 12 countries.
The program aims to develop the leadership skills of IT staff in the subsidiaries of the Group to qualify them for the management positions, as ABG believes in the importance of information technology as one of the most important pillars of the success of the banking business through optimizing internal operations and providing convenient services to customers. Moreover, the program aims to prepare a new line of manager that are qualified to lead the subsidiaries' IT departments in the future. This is also aligned with the Group policy to develop human capital and ensure business continuity through succession planning.
The program is designed with the help of international consultancy firms to keep pace with the latest and highest standards of professional development in information technology. The program duration is from 3 to 5 years and focuses on four main areas: professional certification, IT courses, management skills and on-the job training.
The participants in the program were selected carefully and in accordance with the administrative and technical criteria. Criteria also include aptitude to undertake leadership role in the future, technical background, personal, and career commitment and loyalty to the Bank. The program participants will be subject to continues assessment to ensure the upmost success in the program.
The Executive Management of ABG congratulated all participants in the program that have successfully passed ITIL foundation exam that took place during the first Forum of the program. Form their part, the participants in the program expressed their thanks and appreciations to the Group's management, led by Mr. Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group, on the significant efforts in developing human capital and providing opportunities for career progression into leadership positions in all departments of the Group and its banking subsidiaries.
Al Baraka Banking Group is a Bahrain Joint Stock Company licensed as an Islamic wholesale bank by Central Bank of Bahrain, listed on Bahrain Bourse and Nasdaq Dubai stock exchanges. It is a leading international Islamic banking group providing its unique services in countries with a population totaling around one billion and is rated by Standard & Poor's at BB+ (long term) / B (short term). Al Baraka offers retail, corporate, treasury and investment banking services, strictly in accordance with the principles of the Islamic Shari'a. The authorised capital of Al Baraka is US$ 1.5 billion, while total equity is at about US$ 1.9 billion.
The Group has a wide geographical presence in the form of subsidiary banking Units and representative offices in fifteen countries, which in turn provide their services through more than 450 branches. Al Baraka currently has a strong presence in Jordan, Tunisia, Sudan, Turkey, Bahrain, Egypt, Algeria, Pakistan, South Africa, Lebanon, Syria, Indonesia, Libya, Iraq and Saudi Arabia.