Selected Group of Bahraini Islamic Bankers attend Prestigious Waqf Fund Leadership Grooming Program

Manama, Bahrain – 2nd November 2017 – “Disruption is here to stay as a phenomenon; there is no going back to simpler, more predictable, more stable times.” This was one the key messages delivered to a group of 30+ professionals from Islamic banking industry who participated in an intensive one-week leadership program. The Waqf Fund arranged this training program titled “Leading for Exponential Times” to groom the next generation of leaders for the Islamic finance industry.


Dr. Andreas Schotter, Dr. Fernando Olivera and Dr. Chris Chan of the Ivey Business School delivered the training exclusively for the Waqf Fund member institutions. The participants worked through real life case studies of various banking and non-banking organizations focused around leadership in disruptive times, strategy execution and change management. They also discussed the developments taking place in financial technology and their impact on the banking industry.


Some of the key takeaways from the training are as follows:



Mr. Khalid Hamad, the Chairman of the Waqf Fund stated: “This training program follows on from the earlier sessions in Hong Kong and Toronto where the participants learned about leadership, strategy and ethics. As the political, economic and technological dynamics of the world are changing fast, future leaders in Islamic banking need to gear up to face the new normal. They need to continuously reinvent themselves and their institutions to remain competitive.”     


The Waqf Fund has been operating in Bahrain since 2006 and has 22 member institutions. Over the years it has launched several ground breaking initiatives for its member institutions, their employees and the broader Islamic finance industry with the aim to develop the human resources engaged in Islamic finance. The Waqf Fund operates under a Board of Trustees which is chaired by Mr. Khalid Hamad, Executive Director of Banking Supervision, Central Bank of Bahrain.   

published on: 02 Nov 17