BIBF renews strategic partnership with PRMIA
The Bahrain Institute of Banking and Finance (BIBF) renewed its strategic partnership with the Professional Risk Managers' International Association (PRMIA) through a Memorandum of Understanding (MoU) signed during an official visit by PRMIA Chief Executive Officer Justin C. McCarthy to the BIBF headquarters.
The agreement reinforces both institutions' commitment to advancing professional development in risk management across Bahrain and the region. It enables BIBF to continue offering training aligned with PRMIA's internationally recognised certifications, including the Professional Risk Manager (PRM), Associate Professional Risk Manager (APRM), and Operational Risk Management Certificate (ORM).
The partnership aims to support capacity building by equipping professionals with globally benchmarked qualifications and practical skills.
Dr. Ahmed Al Shaikh, Chief Executive Officer of BIBF, said that the extension of the collaboration with PRMIA reflects a shared commitment to excellence in professional education and enhances BIBF's ability to deliver world class training in support of the region's risk management and financial sectors.
McCarthy noted that the partnership with BIBF has been instrumental in broadening access to high quality risk education in the region and expressed interest in continuing the successful collaboration.
BIBF continues to serve as a key regional hub for financial training, supporting professionals in Bahrain and beyond. The renewed MoU also includes enhanced support through the BIBF's growing e-learning platform, enabling candidates to access virtual classes and flexible learning options.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Biz Bahrain
29-05-2025
- Biz Bahrain
BIBF and Financial Academy signs strategic partnership to develop human capital in Saudi insurance sector
The Bahrain Institute of Banking and Finance (BIBF) signed a strategic partnership agreement with the Financial Academy in Riyadh to deliver specialised training programmes and professional workshops in the field of insurance across the Kingdom of Saudi Arabia. The partnership aims to enhance the capabilities of national talent and improve the performance of the insurance sector. The agreement was signed by Dr. Ahmed Al Shaikh, CEO of BIBF, and Manaa Al Khamsan, CEO of the Financial Academy. Dr. Ahmed Al Shaikh said that the partnership marks a strategic step forward in supporting professional qualification pathways within Saudi Arabia's insurance market. It includes the launch of a suite of specialised training programmes and advanced workshops, delivered exclusively in partnership with the Financial Academy, as well as joint efforts in developing professional qualifications and micro-credentials that address rapid industry shifts and evolving market needs. On his part, Al Khamsan highlighted that this high-impact partnership reflects the Financial Academy's pioneering role in nurturing and advancing human capital within the financial sector, particularly insurance, by adopting global best practices and standards in professional education. He also noted the alignment of the training offerings with the Financial Sector Development Programme under Saudi Arabia's Vision 2030. He added that the agreement reflects the confidence that regional and international institutions place in the Academy's capabilities and its distinguished status as a leading provider of professional training and development in the Kingdom's financial sector. BNA(R)
Biz Bahrain
22-05-2025
- Biz Bahrain
BIBF renews strategic partnership with PRMIA
The Bahrain Institute of Banking and Finance (BIBF) renewed its strategic partnership with the Professional Risk Managers' International Association (PRMIA) through a Memorandum of Understanding (MoU) signed during an official visit by PRMIA Chief Executive Officer Justin C. McCarthy to the BIBF headquarters. The agreement reinforces both institutions' commitment to advancing professional development in risk management across Bahrain and the region. It enables BIBF to continue offering training aligned with PRMIA's internationally recognised certifications, including the Professional Risk Manager (PRM), Associate Professional Risk Manager (APRM), and Operational Risk Management Certificate (ORM). The partnership aims to support capacity building by equipping professionals with globally benchmarked qualifications and practical skills. Dr. Ahmed Al Shaikh, Chief Executive Officer of BIBF, said that the extension of the collaboration with PRMIA reflects a shared commitment to excellence in professional education and enhances BIBF's ability to deliver world class training in support of the region's risk management and financial sectors. McCarthy noted that the partnership with BIBF has been instrumental in broadening access to high quality risk education in the region and expressed interest in continuing the successful collaboration. BIBF continues to serve as a key regional hub for financial training, supporting professionals in Bahrain and beyond. The renewed MoU also includes enhanced support through the BIBF's growing e-learning platform, enabling candidates to access virtual classes and flexible learning options.
Daily Tribune
21-05-2025
- Daily Tribune
CPISP begins assessment of 1,081 applicants
The Crown Prince's International Scholarship Programme (CPISP) has started the assessment process for 1,081 scholarship applicants from governmental and private schools, as well as Bahrainis studying overseas. The programme, in cooperation with the Bahrain Institute of Banking and Finance (BIBF), started qualifying tests at BIBF headquarters to assess candidates' English language and critical reasoning skills. Shatha Ahmed Ali, CPISP Executive Director of Finance & Administration Affairs, noted that the qualifying tests measure the English Language Proficiency of the student, in addition to three critical reasoning tests to assess verbal, numerical, and diagrammatical reasoning. For applicants currently studying outside of Bahrain, the programme arranged for applicants to take the tests under supervised conditions at an appropriate location. Ali highlighted that the next step will be for the programme to select a minimum of 80 candidates based on the results of the qualifying tests and their Grade Point Average.
