KFAS honors Gulf Bank employees

KUWAIT: The Kuwait Foundation for the Advancement of Sciences (KFAS) honored Gulf Bank employees participating in the seventh edition of the Innovation Challenge Program (2022-2023).

Organized by KFAS, and in cooperation with the London Business School, the program aims to stimulate innovation and enhance the creative skills in private sector companies – to support economic growth and contribute towards transforming Kuwait’s economy into a knowledge-based economy.

The seventh edition of the Innovation Challenge Program witnessed the participation of several talented employees from Gulf Bank, and focused on the interests of the selected companies, to stimulate the financial sector in Kuwait and become more innovative with its various businesses and activities. Throughout the four-month program, the teams worked together to find solutions and learn more about the experiences of business leaders who have succeeded in developing their projects.

This experience helped enhance the participants’ sense of innovation and creativity, providing them with the right tools to become successful business leaders. The Innovation Challenge Program is a multi-stage program, that provides academic knowledge in business administration, through using practical tools that have been adopted and applied by international companies when facing challenges or developing new products or services that have been introduced to the market. The program encouraged the participants to work together to find solutions and learn more about the experiences of business leaders who succeeded in developing their projects – providing them with all the appropriate tools to become innovative and creative business leaders.

Gulf Bank plays an active role in the field of innovation amongst Kuwait’s private and banking sector institutions and in nurturing national talents – starting with the recruitment process that deals with selecting young Kuwaiti talents and continuing their development following their employment through a series training and development programs. Gulf Bank’s vision is to be the leading Kuwaiti Bank of the Future. The Bank is constantly engaging and empowering its employees as part of an inclusive and diversified workplace in recognition of every employee’s role in delivering customer excellence and serving the community at large.

With its extensive network of branches and innovative digital services, Gulf Bank is able to give its customers the choice of how and where to conduct their banking transactions, all while ensuring a simple and seamless banking experience. Gulf Bank is committed to maintaining robust developments in sustainability at environmental, social and governance levels through diverse sustainability initiatives, strategically selected to benefit the Bank both internally and externally. Gulf Bank supports Kuwait Vision 2035 “New Kuwait” and works with various parties to achieve it.