COMING off the great success of its first Memorandum of Understanding (MoU) for its Employee Exchange Programme (EEP) with Bank al Bilad of Saudi Arabia, Bank Islam Brunei Darussalam (BIBD) recently signed a second MoU for its EEP with Bank Muamalat of Malaysia.
Signing on behalf of the Malaysian bank was its CEO, Dato’ Haji Mohd Redza Shah bin Abdul Wahid, and BIBD’s Managing Director and CEO, Mubashar Khokhar, said a press release.
Previously, two employees selected from BIBD’s first MoU were presented in an audience with Saudi Arabia Ambassador to Brunei Darussalam Hisham bin Abdul Wahab bin Zar’ah in efforts to also improve international relations.
This was a continuation of the EEP signed with the Saudi bank as, earlier in the year, two BIBD officials – Wan Hefnie bin Haji Hamidon and Muhd Huzaimi bin Abbas – were also sent to the Saudi capital of Riyadh.
BIBD’s Managing Director Mubashar Khokhar and the CEO of Bank Muamalat Dato’ Haji Mohd Redza Shah bin Abdul Wahid exchange gifts after signing the MoU.
Saudi Arabia Ambassador to Brunei Darussalam Hisham bin Abdul Wahab bin Zar’ah with Bank Islam Brunei Darussalam and Bank al Bilad employees involved with the Employee Exchange Programme. – PHOTOS: BIBD
BIBD’s EEP seeks to expose BIBD personnel to international best practices and experiences, while enhancing BIBD’s relationship with world-class institutions.
The EEP also provides a two-way development programme for employees from benchmark institutions to facilitate and share their personal as well as professional growth.
The EEP provides the selected personnel an attachment period of almost four weeks to ensure they acquire the most of their experience during the EEP.
Moving forward, BIBD will also look towards including more partnering institutions to better develop its understanding of international benchmarks and best practices to be adopted.
The initiative is in line with the Brunei Vision 2035 of creating a dynamic and sustainable economy with the accomplishments of its well-educated and highly skilled people. Furthermore, it is also as part of BIBD’s significant efforts to develop quality local professionals through collaborations with internationally recognised institutions with international benchmarks and set standards.
The post BIBD signs second MoU to develop local talent, support economic growth appeared first on Borneo Bulletin Online.