22-05-2025
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.
