Tamkeen supports Singapore Gulf Bank in hiring over 70 Bahrainis

TDT | Manama

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The Labour Fund (Tamkeen) announced its support for Gulf Singapore Bank (SGB), the digital bank backed by Bahrain’s Sovereign Wealth Fund, Mumtalakat, and privately held investment group Whampoa Group aimed at enhancing the employment of skilled Bahraini professionals in high value positions within the financial services sector and assist the bank in launching its operations in Bahrain.

On the occasion, Ms. Maha Abdulhameed Mofeez Chief Executive of Tamkeen reaffirmed Tamkeen’s commitment to continuing efforts to support the employment of national talents in rewarding roles across key economic sectors, including the financial services sector which is the largest non-oil contributor to Bahrain’s economy at 17.7% of the GDP in Q3 2024. “Tamkeen’s support will lead to the employment of over 70 Bahrainis at Singapore Gulf Bank forming the majority of the bank’s workforce, and this initiative will provide Bahrainis with exceptional opportunities to gain world-class experience and explore career growth and development opportunities,” she added.

Meanwhile, Mr. Aureole Foong, Co-CEO of Singapore Gulf Bank said, “We will contribute to Bahrain’s economy by upskilling local talent and strengthening the banking and financial sector with innovative solutions,” he added.