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ila Bank announced a collaboration with the Bahrain Institute of Banking and Finance (BIBF) earlier this month to launch a new Virtual Talent Development Program. Dubbed The Transformers, the program is already underway since July 5 and includes 20 handpicked candidates. 

The participants will receive extensive training on the nitty-gritty of digital banking. ila Bank is optimistic that the virtual training program will equip these youngsters with all the necessary skills, tools, and knowledge to transform the future of banking in the region.

Designed for university students and graduates currently working in the banking sector, the Transformers will be three weeks in duration. Overall, five different learning tracks will be covered including new digital transformation concepts, how to use design thinking to accelerate one’s knowledge, as well as fast-evolving technologies such as artificial intelligence (AI), blockchain, Internet of Things, and other relevant branches of FinTech, 

Speaking of the significance of the new training program, Ila Bank Bahrain CEO Mohamed Al Maraj said, “We are pleased to have collaborated with the BIBF, one of Bahrain’s most respected professional education institutes, to design a relevant program that empowers local talent with essential skills and an innovative mindset to accelerate digital transformation and adapt to a changing world.” 

He added, “These foundational ingredients will enable participants to embrace emerging technologies and fast-track the digital journeys of the organizations they join as well as the government’s agenda to create a cashless, digital economy.”

The program will conclude with a three-week-long hackathon that will see participant taking part in an experimental learning activity. They will also require pitching an innovative digital idea to ila’s management team. The candidates who make the best pitches will qualify for a two-month internship with ila starting the third week of July 2020.