To increase brand awareness
and reinforce positioning
Insurance Company (gig-Bahrain)
is the first Insurance company to join BIBF’s new iconic
The Bahrain Institute of Banking & Finance (BIBF) is pleased
to announce its partnership with Bahrain Kuwait Insurance Company (gig-Bahrain), a subsidiary of Gulf Insurance Group (GIG) which is the
largest insurance Group in Kuwait, as it joins the corporate sponsorship project
within the BIBF new iconic building at Bahrain Bay.
The agreement to this effect will see a study
hall named after gig-Bahrain, at BIBF’s new state-of-the-art building, with an
expected inauguration later this year to serve the training needs of the financial
sector in the Kingdom of Bahrain and beyond.
This partnership will increase brand awareness and
reinforce the positioning of (gig-Bahrain ) as a partner of
the BIBF, and will foster a reputation of a supporter of human capital
development. BIBF thanks BKIC to be the first Insurance company to support such
an initiative which will also help build awareness to local insurance market.
The national project comes in line
with the BIBF’s expansion plans in and outside Bahrain to further accommodate
the growing demand and improve the learning experience, representing an
important milestone in the development of Bahrain’s financial services sector
and the national economy.
On this occasion, Chief Executive
Officer of Bahrain Kuwait Insurance Company (gig-Bahrain), Dr. Abdulla Sultan stated, “This
sponsorship is a testament of GIG’s leadership in the Insurance market in the
MENA region, not only in terms of size but also in terms of the contribution to
the intellectual development of the industry at large. We are proud to partner
with the BIBF, the leading authority on Insurance training in the region, and are
happy to be the first in the our market to do so. We now look forward to work
with the team and support this national initiative.
On this occasion we would also
like to announce that we have several other partnerships with the BIBF that
will be announced shortly and falls in line with our Group’s strategy to become
the pioneers in every market we operate in.”
On his part, the BIBF’s Director
Dr. Ahmed AlShaikh said, “We are extremely delighted to collaborate with
organisations that recognise the importance of training and development, and
with the collaborations we have forged so far, the BIBF continues to seek
further pathways to improve training facilities to further enhance the student
learning experience”. Dr. Ahmed also added, “This partnership goes beyond
traditional sponsorship and branding to a deeper level of holistic brand/business
integration and partnership.”
The contemporary multi-storey
building will contribute to Bahrain’s skyline as an iconic symbol of modern
architecture, providing safe and convenient facilities to support the learning
process and improve the educational tourism in Bahrain.
Construction on the BIBF’s new
landmark commenced earlier last year with a total structural area of 25,000
square meters that stands as a luxury waterfront development; providing the
latest technologies, cutting-edge facilities and digital innovation to ensure
the highest standards of efficiency, and a unique learning experience.