Connect with us

Latest News

NBK celebrates graduates of ‘Executive Leadership Development’ program

Published

on

KUWAIT: The National Bank of Kuwait celebrated the graduation of its trainees from the 16th iteration of the Harvard Business School (HBS) “Executives Leadership Development” program as part of “Kafaa” initiative by the Central Bank of Kuwait (CBK) in collaboration with the Kuwait Institute of Banking Studies (IBS). This iteration of the program witnessed a big participation from NBK with 8 different department heads.

The ceremony was attended by representatives from CBK, local banks, participating companies from Kuwait and outside, as well as IBS and the graduates. This year’s Executive Leadership Development program is titled “Strategic Leadership in the Age of Financial Sustainability” aimed at developing executive leaders in the financial and banking sector.

The program focused on highlighting concepts such as anticipating and responding quickly and electively to strategic opportunities and threats in financial markets, as well as better understanding and addressing the challenges faced today by senior financial executives. Running for 6 days, the program explored using new technologies and competing with fin tech disruptors and understanding the risks and appropriate responses to cyber threats, in addition to managing and leading digital innovation and understanding and managing investor concerns around environmental, social, and institutional governance and sustainability.

Moreover, the program shed light on leader development through experiences, delved into disruptive leadership techniques, and highlighted the concept of leading and building a culture of innovation that enables transformation. It should be noted that this program is held annually in alternating GCC countries with the objective of developing executive leadership in GCC banks and financial institutions as per the needs of the banking and financial sectors in the backdrop of a changing business landscape.

The program consisted of interactive lectures, simulations, and real-life case studies from distinguished Fintech experts at Harvard Business School aimed at enabling leaders to explore different visions for execution, gain the tools necessary for successful leadership, focus on the increasing shift towards global environmental sustainability and new technologies, as well as the way of achieving a successful digital transformation. Moreover, the lectures explored the influence of artificial intelligence on teamwork, team leadership, enhancing communication and leadership under stress, and promoting talent diversity.

On this occasion, Emad Al-Ablani Group Chief Human Resources Officer said: “NBK’s participation in this executive development program in collaboration with Harvard Business School comes in line with its endeavors to prepare highly qualified banking professionals in all majors, especially in the digital field, which have become part and parcel of banking transactions using the latest cutting-edge technology and AI channels.” “Our participants in the “Kafaa” initiative reflects our strategy to invest human capital by building qualified national leaders in the banking sector as per the latest and best international standards.”

Al-Ablani added: “We strongly believe that investing in our employees in one of the main strategic pillars of achieving sustainable growth and guaranteeing the bank’s excellence and leadership. This is why we strive to provide the best training and development programs in collaboration with the biggest world institutions, to ensure building a flexible and dynamic workforce that can face future challenges and changing banking landscape.”

Al-Ablani also stated: “Building a flexible and dynamic workforce requires enabling future leaders and equipping them with the best and latest programs, which is why we make sure to participate in these initiatives and programs that achieve the bank’s aspirations on the long run and enhance sustainable efforts in the field of human resources.” The National Bank of Kuwait dedicates all its efforts to develop its human resources and elevate as well as aid its employees’ capabilities with the needed experiences and skills, which further enhances its endeavors to build professionals that promote its long-term visions and enhance its sustainability plans.

Latest News

NBK warns customers about risks of fraudulent online shopping offers

Published

on

By

KUWAIT: In line with its unwavering commitment to fostering financial literacy and empowering all segments of society, NBK continues to bolster its support for the “Let’s Be Aware” banking awareness campaign. Spearheaded by the Central Bank of Kuwait in collaboration with local banks and Kuwait Banking Association (KBA). As part of its commitment to customer protection, NBK is actively educating the public about fraudulent online shopping offers, often promoted through social media. These scams typically feature links to fake applications or websites that lure victims with enticing discounts and promotions.

Designed to mimic legitimate platforms, these fraudulent sites deceive users into providing sensitive personal and banking details — such as account and credit card numbers — ultimately compromising their financial security. NBK urges customers to remain vigilant and avoid engaging with suspicious links, reinforcing its dedication to safeguarding the community from cyber threats. NBK advises customers to exercise caution and avoid being misled by deceptive shopping deals that promise steep discounts. The bank emphasizes the importance of verifying website URLs and refraining from clicking on links from unknown sources — especially those received via email that advertise offers that appear too good to be true.

Furthermore, NBK cautions customers about the risks of saving credit card details on e-commerce websites or browsers for faster future transactions. The bank highlights that such platforms are susceptible to security breaches, potentially exposing stored banking data to theft. The Bank also emphasizes that it will never request personal information via email, text messages, or phone calls. Additionally, NBK warns customers against responding to such messages, as they are often fraudulent attempts to steal banking credentials, sensitive data, or funds.

NBK remains vigilant in monitoring emerging fraud tactics, educating customers, and providing clear guidance on how to stay protected. Through comprehensive awareness materials shared across its digital platforms, the bank continuously emphasizes the importance of engaging only with trusted links and avoiding interactions with unidentified sources. Harnessing its vast communication capabilities, NBK utilizes all its digital channels — boasting the largest following among Kuwaiti banks — to ensure the widest dissemination of the campaign’s messages, effectively reaching the largest possible audience.

Led by the Central Bank of Kuwait in partnership with Kuwait Banking Association, “Let’s Be Aware” stands as the region’s most comprehensive financial literacy campaign. Aimed at empowering bank customers, the initiative delivers essential education on critical financial topics. Key focus areas include practical steps to prevent fraud, strategies for maximizing banking services, and fostering a strong culture of savings and investment. By equipping individuals with the knowledge and tools to make informed financial decisions, the campaign strengthens financial security and resilience across Kuwait’s banking sector.

As a leading financial institution in Kuwait and the region, NBK remains a key supporter of the Central Bank of Kuwait’s initiatives aimed at enhancing financial literacy and promoting banking awareness across all segments of society. The bank actively organizes various educational events to keep the community informed about critical banking issues while also investing in specialized training programs for its employees. By strengthening expertise in fraud prevention and financial crime mitigation, NBK reinforces its commitment to safeguarding customers and upholding the integrity of the financial sector.

Continue Reading

Latest News

Kuwait unveils Bayraktar TB2

Published

on

By


Kuwait unveils Bayraktar TB2

Continue Reading

Latest News

Ministry of Social Affairs distributes hearing aids to citizens

Published

on

By

KUWAIT: Minister of Social Affairs, Family and Childhood Affairs Dr Amthal Al-Huwailah on Thursday announced the distribution of the first batch of hearing aids to citizens with hearing impairments, following a years-long suspension. The initiative aims to support their daily lives and enhance their ability to communicate and integrate into society. Speaking to Kuwait News Agency (KUNA), Dr Al-Huwailah emphasized that hearing aids are vital tools that enable individuals to lead independent lives and engage naturally with their surroundings.

“This is just the beginning,” she said, noting that subsequent batches will follow to meet all pending requests, with priority given based on the order of application. She also underscored the commitment of the Public Authority for the Disabled to continue providing a range of assistive and prosthetic devices—including wheelchairs and other essential equipment—to empower individuals with disabilities both psychologically and socially, and to further support their integration into the community. — KUNA

Continue Reading

Trending

Copyright © 2025 SKUWAIT.COM .