Kuwait Finance House (KFH) has announced a strategic partnership with Moody's Analytics, a globally renowned provider of financial studies, research, and learning solutions. Through this partnership, KFH has launched a training program titled "Wealth Management Practitioner" for employees of KFH Private Banking and Wealth Management, as well as employees of KFH Capital, the Group's investment arm.

From November 2024 to February 2025, the program will provide twenty employees with training on various topics, including financial planning, client needs analysis, investment strategies, portfolio management, asset allocation, ESG, corporate governance, and business strategy.

KFH Group Chief Human Resources and Transformation Officer, Zeyad AlOmar, said that " We are proud of this partnership, which we hope will elevate the professional competence of our workforce and empower them on both regional and global scales. This training initiative will enrich their expertise in wealth management, thereby enhancing KFH's global standing as a provider of world-class financial consultancy services".

He explained that the program is designed to cope with international training and qualification standards. It will include advanced knowledge and skills required for Private Banking and Wealth Management employees. These skills enable them to provide the best service standards and boost customers’ experience at all levels.

He pointed out that the strategic partnership with Moody's Analytics aligns with KFH's strategy, which targets human capital investment and empowerment. "Our workforce is one of the major factors of success and development," AlOmar commented. "Through collaborations with global universities and learning institutions, we aim to create a progressive work environment that is capable of keeping abreast of changes and the latest developments worldwide to maintain KFH's leadership."

He highlighted that the training calendar of the HR department is enriched with various training programs each year. He also stressed that the department’s efforts are ongoing to enhance and hone employees’ professional skills and knowledge in addition to developing their career paths. These efforts also aim to sustain success, drive development and increase productivity.

Meanwhile, Deputy Group CEO Private Banking, Wealth Management and Business Excellence, Alexander Liddle, said that partnerships in the training fronts play a significant role in enhancing the capabilities and competencies of employees. He added that these tailored training programs provide hands-on experience, directly contributing to the delivery of exceptional, high-standard services to Private Banking clients."

Liddle further explained that Private Banking clients expect top-notch service. The Bank is fully committed to supporting this segment, leveraging the Group's substantial capabilities. "These efforts pave the way for new investment opportunities that cater to the aspirations of our clients," he remarked.

Liddle pointed out that one of the primary goals of Wealth Management services is to partner with clients to thoroughly understand their financial aspirations, both current and future. “This enables us to design tailored plans and offer solutions that align with their specific objectives. The Wealth Management training provided by Moody's will empower our Relationship Managers (RMs) with the expertise required to engage in meaningful discussions and provide valuable guidance to our clients,” Liddle concluded.