Islamic Finance

CIBAFI and Ivey Business School are organizing their 4th joint Executive Programme in Bahrain

| 10 October, 2018

10th October 2018, Manama, Kingdom of Bahrain | The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, and Ivey Business School are set to deliver their 4th joint Executive Programme, with this year’s theme on “Strategic Thinking, FinTech Innovation, Founder’s Mentality, and Leading Digitalization” in the Kingdom of Bahrain for the period 13 – 14 November 2018.

Following the successful execution of three consecutive joint Executive Programmes, this 2018 Executive Programme is the fourth annual offering between CIBAFI and Ivey Business School to deliver a world class and highly interactive learning experience for Islamic Financial Institutions (IFIs) C-suite Executives in the domain of Strategic Thinking, FinTech Innovation, Founder’s Mentality, and Leading Digitalization in the face of disruptive changes.

This programme is set to begin with a practical deep-dive into the application of strategic thinking, which is crucial for the development of business leaders in a VUCA world. The first session is followed by a FinTech business case, which will delve into practical applications in building a FinTech business in digital currency and how to promote legitimate adoption among traditional banking customers.

This programme will also take a deeper look at Founder’s Mentality, whereby principles and tools will be applied to the analysis of how an incumbent national bank has disrupted its business model through digitalization and rebuilt its entrepreneurial culture in creating a 22,000-person start-up.

By the end of the programme participants will be entitled to receive joint certificate of attendance from CIBAFI & Ivey Business School.

Commenting on the programme, Mr. Abdelilah Belatik, Secretary General of CIBAFI said: “ It is with great pleasure to organize for the fourth year in a row, CIBAFI – Ivey Business School Exectuive Programme for the C-suite Executives of the Islamic Financial Industry. What makes this programme unique is the combination of case studies and recent thoughts on strategic thinking, innovation and financial technologies in the context of Islamic financial services industry.” 

Adding to this, Professor Chris WH Chan, Associate Dean, of Ivey Business School said: “The Ivey learning approach is based on learn-by-doing, not just learn-by-listening. What executives truly need does not come from a textbook. It is experiential and intuitive, which is something we call the Ivey Learning Experience. The experience is carefully orchestrated to mirror the business decision making process and integrate across business disciplines.”

This Executive Programme is aligned with CIBAFI’s strategic plan to promote and facilitate the growth of Islamic Finance. In addition, CIBAFI continues to support the Islamic Financial Services Industry through various activities and initiatives. These include providing industry stakeholders with a platform to discuss emerging issues, policy and regulatory advocacy initiatives, representing the industry at major global financial events, and sharing knowledge through specialized publications and comprehensive training programmes.

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NOTE TO EDITOR:

About the General Council for Islamic Banks and Financial Institutions (CIBAFI)

CIBAFI is an international organization established in 2001 and Headquartered in the Kingdom of Bahrain. CIBAFI is affiliated with the Organization of Islamic Cooperation (OIC).  CIBAFI represents the Islamic financial services industry globally, defending and promoting its role, consolidating co-operation among its members, and with other institutions with similar interests and objectives. With more than 125 members from more than 33 jurisdictions, representing market players, international intergovernmental organizations and professional firms, and industry associations.

For more information about CIBAFI, please visit www.CIBAFI.org 

Tel: +973 17357300  Email: media@cibafi.org

About Ivey Business School

The Ivey Business School at Western University, Canada was founded in 1922 and is one of North America’s oldest and most established providers of business education. Ivey’s mission is to develop outstanding business leaders who think globally, act strategically and contribute to the societies within which they operate. Ivey is the second largest producer of business cases in the world, and the world’s largest producer of Asian business cases. These business cases are used as teaching material by top business schools around the world. In 2015, Ivey Business School partnered with the Central Bank of Bahrain to design and deliver the acclaimed Waqf Fund Leadership Grooming Programme for Islamic Banks. About 35 top executives from 10 major banks joined the multi-module programme in Hong Kong and Toronto. In April 2018, another 2-week Waqf Fund programme for grooming of Bahrain’s future CFOs was launched in Toronto.

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