Executive Development Program in Kuwaiti Banks in Collaboration with Harvard Business School

This program, which has been offered since 2010 in collaboration with Harvard Business School, is the first of its kind at the GCC level. The program aims to develop cadres and executives working in different sectors. Twelve courses have been organized within this program until May 2021, and 549 participants from different authorities benefited from them.
The program focuses on studying the practical cases for which the school is so well known.

About the Program

The IBS works with Harvard Business School for the thirteenth  year in a row to present a virtual executive education program, designed specifically to support the development of senior leaders in the banking and finance sector in the GCC countries given the current challenges, in particular, the consequences of the COVID-19 pandemic that has affected the business world and the global economy. The program will provide online training classes – as part of the innovative new professional training methods – through Harvard Business School’s training platform.

The 2022 program, titled “Leading In A World Transformed “, consisted of two integrated themes, namely “Financial Markets Strategy” and “Leadership”. It focused on the critical role of leadership and management in formulating and implementing financial, technical and leadership strategies to address the challenges, along with the various management and leadership skills and techniques required for the digital transformation in the financial sector to keep pace with the rapid developments in this field.

The program targets  executives such as department heads and their counterparts, and will be held virtually over two weeks, 13-17 March and 20-24  March , 2022. Upon completion, participants will receive attendance certificates from the Harvard Business School. 

This program is a part of Kafa’a initiative, which was launched by the Central Bank of Kuwait in September, 2019.  The programs included in this initiative are sponsored by the Kuwaiti banks and organized and executed by IBS.  This program aims to develop executive leaders and staff in all sectors, including the banking and financial sectors. 

The collaboration with Harvard Business School started in 2009 and the first program was presented in 2010.  This program has a significant importance since it is the first specialized program in the GCC area offered by HBS.

The program continues to be held on an annual basis, alternately in one of the GCC countries. But in light of the current situation around the Covid-19 pandemic, the Central Bank, along with the Kuwaiti banks, are keen to continue providing this distinguished program virtually.

Both Harvard Business School Executive Education and the IBS are keen on continuing their collaboration in the years to come. This collaboration remains the first of its kind at the GCC level.

Program Time Table

The program will run – Virtually –  March 13-24, 2022,

The first week is Sunday, March 13, 2022 through Thursday, March 17, 2022.

The second week runs Sunday March 20, 2022 through Thursday, March 24, 2022.


The actual deadline for receiving the nominations is March 3rd 2022 (the sooner the better).