INCEIF & ISRA played host to 12 delegates from Kenya on 16 and 17 July who were in town to learn about Islamic finance talent development. The delegates were from the Central Bank of Kenya, its training arm Kenya School of Monetary Studies (KSMS) and East African Agriculture Network.
The visit was a follow-up to the meeting in January of this year between representatives of the Central Bank of Kenya and KSMS, and INCEIF President & CEO Mr Daud Vicary Abdullah. As a result of the meeting, INCEIF has been tasked by the Central Bank of Kenya and KSMS to look into the possibility of providing Islamic finance training and post-graduate programmes for Kenyans.
The visitors from Central Bank of Kenya (CBK) & Kenya School of Monetary Studies (KSMS).
During the visit to INCEIF and ISRA, the delegates were briefed on an overview of INCEIF by Chief Operations Officer Mr Mohd Zamree Ishak, INCEIF Executive Programmes by Head of Executive Programmes Prof. Dr Saiful Azhar Rosly and INCEIF e-Learning by INCEIF ICT Manager Mr. Farin Mohamad. From ISRA, they got to hear about ISRA’s research and consultancy initiatives from ISRA Executive Director Dr Mohd Akram Laldin.
The delegates also discussed possible collaborations including a joint INCEIF and KSMS certificate programme on Islamic finance and Training of Trainers by INCEIF and KSMS faculty members. With ISRA, the Kenyans were looking into training on key Shariah issues.
Apart from INCEIF and ISRA, the delegates also had the opportunity to visit Bank Negara Malaysia when they were briefed on an overview of Bank Negara Malaysia’s governance, human capital architecture and talent management model, and talent development strategy. They also visited the Kuala Lumpur office of the Islamic Development Bank and the ICLIF Leadership and Governance Centre.
Mr Daud Vicary Abdullah today delivered a talk on “HR Development for Islamic Banking” at the Central Banks’ COMESA African countries Symposium held in Nairobi, Kenya. COMESA (Common Market for Eastern and Southern Africa), set up in the mid 1960s, seeks to promote regional economic cooperation among its 19 member countries that include Kenya, Sudan, Mauritius and Egypt.
The 5-day symposium, themed “Driving Central Banks Through the 21st Century”, was attended by representatives from the 19 countries. Among the issues discussed at the symposium were issues and challenges which emerged from the recent global financial crisis, skill sets for financial stability beyond the crisis and the role of HR in effective central bank governance.
While in Nairobi, Mr Daud also took the opportunity to meet regulators, Islamic finance players and universities’ representatives including Prof Njuguna Ndung’u , Governor and Chairman of the Central Bank of Kenya; Mr Hassan Bashir, CEO of Takaful Insurance of Africa; and Prof Mathew Buyu, US International University.