KUWAIT CITY, Feb 5: As part of its commitment to developing national talent and building a strong foundation of young leaders, Gulf Bank participated in the Innovation Challenge Program for 2024-2025. Held annually by the Kuwait Foundation for the Advancement of Sciences (KFAS) in partnership with the IE Business School, the program is designed to drive innovation and cultivate creative skills within private sector companies, fostering economic growth and advancing Kuwait’s shift toward a knowledge-based economy.

Gulf Bank’s team for this year’s program included Mohammed Sahib Shokr, Senior Manager of the Anti-Money Laundering Unit; Ahed Abdulmoneim, Assistant Manager of Human Resources; Sarah Al-Abdulhadi, Assistant Manager of Financial Institutions & Sovereigns; and Hamad Bouresli, Associate Manager of Credit Card Management.

Over three months, Gulf Bank’s team embarked on a structured learning journey, tackling a real-world business challenge while applying cutting-edge methodologies in design thinking, business model innovation, and strategic problem-solving. Led by KFAS, the multi-stage Innovation Challenge Program began in Kuwait and culminated in an immersive experience at IE Business School in Madrid—offering world-class mentorship and hands-on training in prototyping, pitching strategies, and customer-centric innovation. Through collaboration and expert guidance, the team refined innovative solutions to drive Gulf Bank’s growth and operational excellence.

Gulf Bank is a key player in Kuwait’s private and banking sectors, actively fostering innovation and developing exceptional national talent. This commitment aligns with the Bank’s strategic focus on digital transformation, reinforcing its position as Kuwait’s Bank of the Future. By delivering seamless, innovative services that enhance customer experiences and drive sustainable growth, Gulf Bank continues to invest in advanced technological solutions as a core pillar of its strategy.

As a leading private sector institution in Kuwait, Gulf Bank is committed to nurturing and supporting Kuwaiti talent throughout their careers. Recognizing its employees as its greatest asset, the Bank continuously invests in their growth by providing training programs, ongoing learning opportunities, and professional challenges in collaboration with top local and international institutions. In addition to delivering exceptional banking products and services, Gulf Bank is dedicated to strengthening its workforce and promoting a culture of continuous learning and development.

Gulf Bank aims to be Kuwait's leading bank, fostering a diverse and inclusive workplace to deliver exceptional customer service while contributing sustainably to the community. Through its extensive branch network and innovative digital services, the Bank empowers customers to conduct banking transactions conveniently and efficiently, ensuring a seamless experience.

In alignment with Kuwait Vision 2035, "New Kuwait," and its commitment to fostering collaborative partnerships, Gulf Bank is dedicated to driving robust sustainability initiatives across environmental, social, and governance (ESG) dimensions. The Bank is committed to implementing strategically selected and diverse sustainability programs both internally and externally.