Manama, January 18 (BNA): The Bahrain Institute of Banking and Finance (BIBF) has recently secured an agreement from the prestigious Chartered Insurance Institute (CII, UK) to continue receiving previous education awards for their students. Renewal was obtained after the periodic calibration of CII’s vocational qualifications by BIBF to ensure continued matching of CII’s qualification modules with CII’s qualification modules.
BIBF currently offers 13 different CII accredited modules in both English and Arabic. These units range from introductory insurance courses to specialized technical units.
The Chartered Insurance Institute (CII) is the world’s largest professional body for insurance and financial planning and has educated more than 1 million students in 150 countries over the past 10 years. BIBF Insurance Graduates may use their qualifications as waivers of CII’s internationally recognized insurance qualifications.
The BIBF has worked with CII for many years and is the only training provider in the world to offer the CII Diploma in Insurance Qualification (to achieve Dip CII status) in Arabic.
On this occasion, Director of the BIBF, Dr. Ahmed Al-Sheikh, expressed his pride in the renewal of the CII exemptions, saying: “This recognition by CII continues to add additional value to our internal qualifications and enable BIBF graduates to progress to CII. Qualifications Internationally recognized insurance without repeating their studies at the BIBF Institute.
He also stressed the institute’s commitment to providing world-class training to hone the skills of business professionals at the global level, indicating the importance of cooperation between relevant stakeholders to develop qualified local cadres, which contributes to strengthening the Kingdom’s position as a regional center for work. Professional training in insurance.
For her part, the Director of the Insurance Center at the BIBF Institute, Ms. Manal Mashkoor, highlighted the institute’s achievements in the field of insurance and internationally recognized qualifications that are on par with what is offered around the world, after receiving the “Education and Training” Award for the 2022 Initiative of the Year from the Awards. Middle East insurance industry last year.
“BIBF is committed to providing the best insurance qualifications to strengthen its position as a leading provider of insurance training, and we will continue to strive towards adding more programs to our portfolio of offerings in line with market needs.” she added.
Gaynor Jones, Regional Director, Middle East, CII, commented: “We are very pleased that the institute has chosen to include CII qualifications in their learning pathways, and we look forward to collaborating closely. Obtaining an internationally recognized CII qualification demonstrates a student’s commitment to high professional standards and adherence to best practice, as well as technical skills.
He added, “Through this partnership, BIBF has continued to demonstrate its strong commitment to ensuring excellence for insurance professionals in their personal development journey. The Institute also actively promotes CII membership so that qualified professionals can prove their designation to CII. It is very good news for the insurance and financial planning sectors in Bahrain, which enhances professionalism, and ultimately boosts confidence in the sectors from consumers and businesses.”
With more than 40 years of experience in training and professional development, the institute continues to introduce and develop new programmes, in partnership with international training institutions, in line with the highly dynamic market needs in the local and regional business sector.
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