The Human Resources Development Fund, Banking and Financial
Sector, in the Kingdom of Bahrain was formally established on 6,
July 2004 by Ministerial Order No. Nine of 2004 and Prime
Ministerial Edict No. Twenty Four of 2004.
A Board of Trustees of Eleven Directors
is responsible for the Management of the Fund.
The HRD Fund has been created as a
major initiative to further develop skills required in Bahrain's
financial services industry.
The fund will be utilized for specific
human resources development needs in the banking and finance sector
in order to maintain Bahrain's position as a leading international
banking and financial services centre.
Financial institutions will
benefit from this Fund as it will train and provide them with the
correct skills and specializations uniquely required by their
HRD Fund is supervised by the Bahrain Central Bank where it receives
its primary budget from. It also receives optional contributions
institutions in the Kingdom of Bahrain.
Copyright (c) 2006, Human
Resources Development Fund - Banking & Financial Sector, Kingdom