Al-Omar: KFH is moving forward with innovation and digital transformation

Kuwait: Kuwait Finance House” (KFH) celebrated a group of its employees who graduated from the “Harvard” Executive Leadership Development Program, which was titled “Leadership in the World of Transformation,” as part of the “Kafaa” initiative launched by the Central Bank of Kuwait in cooperation with Kuwaiti banks and under the supervision of the Institute of Banking Studies During an honouring ceremony held at the bank’s headquarters.

The intensive training program, which lasted for two weeks in cooperation with Harvard Business School, provided experts in finance, innovation management and product development, including 12 employees from the middle and executive levels.

The program included two main axes: financial market strategy and leadership. Participants were provided with the concepts and tools necessary for successful leadership in a rapidly changing world, including advanced technologies and understanding of the importance of competition and dealing with “fintech” companies, within an integrated set of practical and simulation experiences and analytical experiences with Participants, along with tests demonstrating the importance of leadership and management in formulating and implementing a strategy to meet challenges.

The second axis related to leadership focused on the importance of strategic leadership in the digital transformation of the financial sector and the approach that affects performance, innovation, and the culture of the organization and contributes to generating creative ideas.

The Group’s Head of Human Resources, Ziad Al-Omar, congratulated the employees for successfully passing the program, stressing the importance of it being reflected on their performance, and polishing their skills in their fields of work, in a way that enhances productivity, facilitates procedures, and contributes to the design of services and products and the development of work mechanisms commensurate with the permanent change of the banking industry, in Under the exponential growth of technology.

Al-Omar added that KFH is moving forward with innovation and digital transformation initiatives, which requires elites, competencies and talents capable of continuing innovation and creativity while making sure to benefit from technological applications and tools such as artificial intelligence, “blockchain”, and others to move to new levels that enhance the bank’s position. Leading locally and globally.

Al-Omar clarified that KFH spares no effort in investing in talent development, believing in the importance of this in enhancing the customer experience through implementing initiatives that contribute to meeting all his aspirations within high standards in quality and safety, indicating that enriching the knowledge of employees and following the approach of making leaders is considered A pivotal pillar in laying solid foundations for a more sustainable growth model in the future.

He pointed out that KFH invests in its human resources because they are the most important asset in the equation of success, and they are the present and the future, indicating that continuing education and training is one of the most important elements that contribute to maintaining leadership, stressing the importance that every manager who has passed the training program transfers the experiences and scientific gains that It was collected to his work team, to improve the work environment by transferring knowledge in the interest of the work.

He stressed KFH’s keenness to participate in the “Harvard Executive Leadership Development Program” since 2011 so that the total number of scholarship students reached more than 86 employees, the largest number in the banking sector, which confirms the bank’s leadership in investing in its employees.