Kuwait Times, Sunday, Oct 24, 2021 | Rabi Al-Awwal 17, 1443
KFH renews memorandum of understanding with GUST
Kuwait:
Kuwait Finance House (KFH) has renewed the Memorandum of Understanding with Gulf
University for Science and Technology’s (GUST) aiming to continue cooperation
and execution of joint programs including training courses, provision of
academic and research expertise, internships, attraction of creative and
distinguished youth within “Forsa” program and other employment programs to work
at KFH as well as the organizing of social and educational activities and
events.
The signing ceremony took place at KFH head office in presence of Acting Group
CEO, AbdulWahab Essa Al-Rushood, Group Chief HR Officer Zeyad Abdullah Al-Omar,
Group Deputy General Manager – Public Relations and Media, Yousef Abdullah
Al-Ruwaieh and from GUST Chairman – Board of Trustees, Nawaf A. Arhama and
several university officials.
Alongside the signing ceremony, the Group Chief Human Resources Officer, Zeyad
Abdullah AlOmar affirmed KFH keenness to enhance partnership with academic
institutions as part of its care for students and the educational process as
well as supporting national talents. He expressed his pleasure for the renewal
of the Memorandum of Understanding with GUST thus highlighting the deep-rooted
relationship with the university as the first memorandum of understanding was
signed in 2014.
Also, he valued and appreciated GUST role in qualifying and empowering national
cadets to work in the private sector environment and reiterated the need to
continue this partnership to enhance and develop communication channels between
GUST and KFH through various initiatives that would stand as an added value for
both parties. Omar said “We are fully committed towards our society, students
and human cadets. We have made significant achievements in the field of student
support and cooperation with public and private educational institutions.
We shall continue our commitment and provide the best always to support all
occupational and development efforts and enhance KFH position in this respect.”
He added that KFH supports GUST efforts in directing the students powers to
develop their innovations through specialized programs in Islamic economy
applications and Islamic banks activities in addition to the specialized
programs in connection with information technology, banking tendencies and IT
applications which have gained tremendous momentum. Also, he stated that
universities have a major responsibility in achieving very high calibers in
their educational outcome. He mentioned that this responsibility is born jointly
with institutions that attract these graduates to support them, increase their
efficiency level and qualify them occupationally.
He added that KFH is distinguished in the field of manpower training and
orientation as it provides advanced and integrated programs in cooperation with
major global academic institutions, thus aiming to fulfil the modern
requirements of the banking industry. In this respect he referred to “Forsa”
program for Kuwaiti newly graduated toppers who join KFH. The program provides
participants with rich information and expertise according to global standards
applied by highly reputable organizations in the field of technology e.g.,
Google, Apple and Microsoft.
From his side, the Chairman – Board of Trustees – GUST, Nawaf Arhama expressed
his deep appreciation for KFH initiatives and continuous support to the
development of GUST students’ abilities. This strategic partnership comprises
several aspects including employment of distinguished youth at KFH, developing
graduates’ abilities in the field work, cooperation in the field of internships,
exchange of research, supporting students conferences and clubs and other
aspects of cooperation.
Also, he praised KFH economic tendency being a pioneer in Islamic banking and
one of the highly reputable institutions. Furthermore, he indicated that KFH
plays a major role in supporting education and fostering students’ events and
activities. He added that the main priority on GUST list is to prepare students
for the business market fully equipped with science and talents that would
enable them to face all challenges.