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NBK organizes AI masterclasses for bank’s executives
KUWAIT: In the backdrop of an increasing growth in the use of artificial intelligence, effective understanding and employment of this technology has become imperative for financial institutions that aim to maintain their leadership. To this end, the Learning and Development Department at the National Bank of Kuwait (NBK) launched a series of advanced training masterclasses as part of the AI Leadership Program on the capabilities of artificial intelligence, titled “Preparing for the Future”. The aim of this series of intensive masterclasses is to introduce upper executive management to the latest developments and technologies in the field of artificial intelligence.
NBK is aware that AI is not merely a technological tool, but a key engine that can reshape and transform the banking sector. Therefore, these masterclasses strive to enable NBK employees to explore and apply the endless capabilities of AI by analyzing large data to identify new growth opportunities, enhance client attraction, and develop innovative services and products. Moreover, AI technologies can also contribute to enhancing operational efficiency by automating routine functions, enhancing risk management, and supporting quick decision making.
The workshops was presented by Warren Knight, a digital leader and AI transformation expert who worked alongside large regional and global institutions in the field of current and future AI strategies.
Knight holds wide experience in helping institutions execute innovative technological strategies and enhance performance using AI, and he has in-depth knowledge about the effect of technology on business and how to effectively integrate digital solutions in business development strategies.
Emad Al-Ablani
Commenting on this occasion, Emad Al-Ablani, Group Chief Human Resources Officer said: “We believe that human capital investment is a pillar to achieve sustainable growth and ensure the bank’s excellence and leadership. This is why we are committed to constantly providing innovative training programs that take into consideration the changing market dynamics and strive to keep up with the latest technological updates to build a resilient workforce capable of shaping the future.”
He added: “We continue to provide carefully designed development programs to enhance the integration of technology in the work environment, as we are committed to our strategy that aim to support continued learning and support human-led innovation across the group’s sectors and departments.”
Al-Ablani said that NBK’s learning and development strategy is “inclusive and is aligned with the highest international standards to enable employees to deal efficiently with future challenges amid an accelerating pace of technology, which should consequently help NBK achieve its long-term objectives.”
Finally, Al-Ablani emphasized that understanding the changes in the field of digital transformation and AI developments and their influence on the banking sector directly impacts the strategies and plans of financial institutions to keep up with the latest updates and achieve sustainable growth.
It should be noted that NBK maintains its leadership in the financial sector in Kuwait and the region by embracing a responsible digital transformation path. These initiatives reflect the bank’s unwavering commitment to empowering human talent, accelerating the pace of innovation, and setting new standards for AI-driven transformation in the banking sector, creating long-term value for customers and shareholders.
CAIRO: Minister of Social Affairs, Family and Childhood Affairs and Chairperson of the Supreme Council for Family Affairs Dr Amthal Al-Huwailah on Monday reaffirmed Kuwait’s commitment to strengthening joint Arab social and developmental efforts to uphold human rights and promote social justice. Delivering her speech at the 82nd session of the Executive Office of the Council of Arab Ministers of Social Affairs, held at the League of Arab States headquarters in Egypt, Dr Al-Huwailah opened by expressing deep sorrow over the tragic death of three Amiri Diwan employees in a traffic accident in Sharm El-Sheikh, offering condolences to the families and wishing a speedy recovery to the injured.
She expressed pride in Kuwait’s participation in the session, which addressed key social and developmental issues, and expressed hope it would yield decisions supporting social justice policies and the empowerment of women, girls, and persons with disabilities, particularly in political participation and gender equality. Dr Al-Huwailah noted that the session would adopt the draft agenda for the 45th session of the Council of Arab Ministers of Social Affairs and prepare for the Second World Summit for Social Development, scheduled in Doha next November. She emphasized Kuwait’s aspiration for Arab countries to make a strong and active presence at these events, showcasing development achievements and exchanging experiences in social care.
Officials are pictured during the meeting. – KUNA photos
Highlighting Kuwait’s role, she said the Ministry of Social Affairs, the Supreme Council for Family Affairs, and the Public Authority for the Affairs of Persons with Disabilities are committed to following up on the implementation of Council decisions, ensuring coordination that respects diversity and privacy while promoting social justice.
Dr Al-Huwailah concluded by thanking Egyptian Minister of Social Solidarity and Head of the Executive Office Dr Maya Morsi for the warm reception and efficient organization. She also praised Egypt’s efforts in hosting the Sharm El-Sheikh Peace Summit and its unwavering support for ending the conflict in Palestine. The Executive Office meetings are chaired by Egypt, with membership including Kuwait, Palestine, Qatar, the Comoros, Lebanon and Libya, alongside the participation of the Social Affairs Sector of the League of Arab States, represented by Minister Plenipotentiary Enas Al-Farjani.- KUNA
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