Burgan Bank Launches “Risk and Cyber Awareness” Week
In line with its leadership role in digital transformation and its commitment to fostering a culture of adeptness and awareness among its employees, Burgan Bank launched its Risk and Cyber Awareness Week under the theme “Awareness is Our First Defense”. The initiative aligns with the Bank’s ongoing support for the “Let’s Be Aware” (Diraya) financial literacy and banking awareness campaign, launched and supervised by the Central Bank of Kuwait (CBK) and Kuwait Banking Association (KBA) with the support of Kuwaiti banks. It also emphasizes Burgan Bank’s commitment to developing Kuwait’s national calibers through yearlong learning opportunities that equip them with professional knowledge and skills that keep pace with the ongoing development of the global banking industry.
The five-day event, led by the Risk Management department, with the presence of Burgan Bank employees, senior management, and notable guest speakers. The educational and engaging event covered numerous facets of risk aversion and management in the digital-first banking industry, as well as advanced thinking approaches that reinforce productivity and sound decision-making in the fast-paced workplace. “Burgan Bank’s market-leading digital transformation program rests on many pillars including continuous learning and comprehensive awareness of the ever-evolving technologies, which introduce novel opportunities as well as risks,” commented Mr. Talal Al-Zamel, Executive Manager – Risk Management at Burgan Bank. “As committed champions of investing in Kuwait’s talents and developing its human capital, we seize every possible opportunity to expand our employees’ professional horizons and engage with them in hands-on learning experiences that guarantee they are equipped with future-ready mindset and skills.”
The event’s comprehensive agenda featured interactive workshops and engaging sessions covering various risk-relate topics, including credit risk, market risk, emerging risks, operational risk, cybersecurity, business continuity, and fraud risk. The discussions were introduced through real-life examples and practical applications, ensuring the learning experience is more engaging and relatable, and the learning outcome is easier to apply. Burgan Bank had the pleasure of hosting Mrs. Mai Al-Owaiesh, Chief Executive Officer of CINET, who delivered a session titled “Building a Data-Driven Mindset for Smarter Decision Making”. Her talk emphasized the importance of integrating data analytics and informed insights into daily business practices, empowering Burgan Bank employees to make smarter, more strategic decisions aligned with the Bank’s vision.
Another highlight of the week was the Internal Audit engagement session, which featured an educational and entertaining “Spin the Wheel” activity, giving employees the opportunity to test their knowledge on risk and cybersecurity topics while winning instant prizes. The week concluded with a recognition ceremony honoring both internal and external speakers for their valuable contributions to the campaign’s success.
It serves to note that this initiative is an extension of Burgan Bank’s continuous efforts to embed transparency, accountability, and sound governance practices across all levels, in line with CBK’s directives and national awareness goals, as well as its commitment to environment, social, and governance (ESG) standards. Through this campaign, the Bank continues to demonstrate its vision of becoming Kuwait’s most progressive financial institution, driven by empowered and well-informed employees who recognize the importance of awareness and responsibility in building a future of sustainable and inclusive success.
Background Information
Burgan Bank
Established in 1977, Burgan Bank is the youngest conventional Bank and second largest by assets in Kuwait, with a significant focus on the corporate and financial institutions sectors, as well as having a growing retail, and private bank customer base. Burgan Bank has majority owned subsidiaries in the MENAT region supported by one of the largest regional branch networks. which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon),Tunis International Bank – TIB (Tunisia), and fully owned Burgan Bank – Turkey, (collectively known as the “Burgan Bank Group”). Furthermore, Burgan Bank has a present in the UAE through its corporate office (“Burgan Financial Services Limited) which had helped the bank to participate in multiple financing opportunities in the UAE.