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May 18, 2007

Bahrain Institute of Banking and Finance Selects PRM Certification for Training Program - David Rowe Opens Seminar

The Bahrain Institute of Banking and Finance has chosen the PRM certification as the one around which to build its training program for risk managers. PRMIA Education and Standards Committee co-Chair, Dr. David Rowe, was on hand for the launch of this program.


"First of all many thanks to PRMIA and to David Koenig, David Rowe and David Miller for making this happen at the BIBF," said Dr. Subhadra Ganguli, Senior Lecturer, Banking Learning Center at BIBF. "We had a good response from the industry and we have many candidates registered for our preparatory course starting on May 19th."

Mr. Hussain Al Ajmi, Division Head, Learning Centers, at the BIBF said "The vast majority of banks and other financial institutions are realizing the importance of risk management in all aspects of their operations. Bahrain needs to develop a pool of professionals in this area. BIBF is working to fulfil the needs of the industry to that effect."

Dr Ganguli stressed the importance of risk management in protecting banks, and financial systems, against financial crisis which could lead to collapse. "Risk management is no longer an option. Identifying and efficiently managing risk is equally important for maximizing profits and returns to shareholders," she said.

The new BIBF programme, the PRM, is aimed at preparing a new breed of high caliber risk management professionals, who can capably steer their respective institutions to even higher levels of success

The PRM certification was selected after a rigorous review of alternatives for risk professionals. It was identified as the best program, continuing the adoption and recognition of the PRM as the true global standard for financial risk professionals.

"We're very pleased to see the PRM be recognized by BIBF and are particularly pleased that the choice of the PRM came about after a thorough review by leading risk management executives in Bahrain," said David R. Koenig, PRMIA's Executive Director.

The PRM certification is the higher standard for risk professionals. It is the only risk certification program to have received numerous public endorsements by leading university programs and business serving the risk profession. More than 2,000 candidates in over 90 countries are pursuing the PRM.

For more information on the BIBF program contact the BIBF Banking Learning Center team on Tel: 17815555, Fax: 17729928 or E-mail: infodesk@bibf.com


More news on this program can be found by clicking here.

Posted by dkoenig at May 18, 2007 05:06 AM

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