KIBS Launches Fourth Cohort of the Risk Management Leaders Program

As part of the Central Bank of Kuwait’s (CBK) strategic endeavor to build highly qualified national cadres in various financial and banking fields, and develop risk management capabilities, which has great importance in enhancing the banking environment and in fortifying financial operations

The Kuwait Institute of Banking Studies (KIBS) announced the launch of the fourth cohort of the Risk Management Leaders Program, part of the Central Bank of Kuwait’s (CBK) strategic Kafa’a initiative to develop national talent across the financial and banking sectors.

The program, inaugurated on Sunday at KIBS headquarters, welcomed a distinguished group of participants from the banking sector along with additional professionals from outside the sector as part of the Institute’s corporate social responsibility efforts.

Spanning nearly five months, the program is delivered in four phases:

• Phases 1 & 2 (Kuwait): Training sessions and practical lectures in risk management led by local and international experts.
• Phase 3: Submission of case studies and graduation projects.
• Phase 4: One week of field training in collaboration with the University of St Andrews School of Business in Scotland, providing hands-on workshops and interactive learning experiences. All travel, accommodation, and transportation costs are covered.

Speaking at the opening, Ms. Rana A. Al-Nibari, Director General of KIBS, welcomed participants and stressed the program’s role in cultivating a new generation of leaders specialized in risk management in line with international best practices. She expressed appreciation to H.E. the Governor of the Central Bank of Kuwait, Chairman of KIBS’ Board of Directors, as well as the Board and HR managers at participating banks, for their continued support of this program and other training initiatives.

The Kafa’a initiative reflects the Central Bank’s long-term strategy to empower national talent with the expertise and leadership skills needed to strengthen Kuwait’s financial system. It aims to build a pool of highly qualified professionals capable of taking on leadership roles in major economic, financial, and banking institutions.