Cooperation Agreement Between the Hussein Fund and the Institute of Banking Studies
Amman4 min read
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Under the patronage of the Governor of the Central Bank of Jordan, Dr. Adel Sharkas, the Hussein Fund for Creativity and Excellence and the Institute of Banking Studies signed a cooperation agreement aimed at establishing a general framework for cooperation between the two parties in various fields, particularly in the areas of training, capacity building, and skills development.
The agreement was signed by the Director General of the Fund, Dr. Ali Ya'ghoub, and the Director General of the Institute, Dr. Riyadh Al-Hindi, during the activities of the Jordan Financial Technology Festival 2026, which recently took place at the King Hussein Bin Talal Convention Palace.
According to a statement by the Hussein Fund, the agreement aims to develop the digital, technical, and professional skills of the target groups, support and qualify Jordanian university graduates, and enhance their readiness to join the labor market.
It also aims to contribute to meeting the labor market's needs for required skills and competencies, implementing specialized training programs in priority areas, supporting innovation, entrepreneurship, financial technology, and digital transformation, in addition to enhancing cooperation and coordination between the parties, exchanging expertise and knowledge, and contributing to linking training outputs with the needs of banking and financial sector institutions and related economic sectors.
Regarding the areas of cooperation between the two parties, Dr. Ya'ghoub said that the Fund, along with the Institute of Banking Studies, seeks to design and implement specialized training programs, and implement programs to improve the efficiency and qualification of university graduates and job seekers in economic and financial sectors.
He added that the cooperation framework between the parties aims to implement professional development and capacity-building programs for workers in banking, financial, and economic sectors, organizing workshops, seminars, events, conferences, and specialized meetings, as well as developing and implementing specialized professional programs and certificates according to labor market needs.
He emphasized that the Fund and the Institute are keen to exchange best practices in training and capacity building, and support initiatives that contribute to enhancing innovation, digital transformation, and future skills.
The Director General of the Institute of Banking Studies, Dr. Riyadh Al-Hindi, said that this agreement represents an important step to enhance partnership between national institutions in the field of human capital development, and to provide specialized training programs that respond to the rapid changes witnessed by the banking, financial, and labor market sectors.
He added that the Institute, through its experience in training and professional development, and its affiliated Jordan FinTech Academy, will work to utilize its capabilities and expertise in designing and implementing quality programs focusing on digital skills, financial technology, and innovation, which contribute to enhancing the readiness of youth, graduates, and workers, and strengthening their ability to keep pace with the evolving requirements of the labor market.
Al-Hindi pointed out that cooperation with the Hussein Fund for Creativity and Excellence will contribute to expanding the scope of benefiting from specialized training programs, and enhancing the link between training outputs and the needs of banking and financial sector institutions and related economic sectors, emphasizing the importance of integrating national efforts in investing in future competencies and skills, and supporting professional development and employment paths.
Under the cooperation agreement, the Hussein Fund is committed to providing financial support for the programs and activities agreed to be implemented, according to the budgets and funding mechanisms approved between the parties, contributing to identifying the target groups, facilitating the participation of the target groups, and coordinating and cooperating with the Institute in sorting and selecting participants in activities and programs.
The Institute of Banking Studies and its affiliated Jordan FinTech Academy are committed to supervising the design, preparation, and implementation of training programs and activities, and monitoring them from technical, training, and logistical aspects, providing the necessary trainers, experts, and competencies to implement the programs according to the approved professional standards.
The Institute also works on preparing and developing the necessary training content and materials for the programs, according to the nature of each program, and managing the training and logistical aspects, including receiving applications, organizing registration and selection processes, and coordinating with participants.
Under the cooperation agreement, the Institute works to implement training and evaluation operations and measure program outputs according to the approved methodology, issuing participation and professional certificates in partnership with the Fund, and networking participants and graduates with banking and financial sector institutions and related parties to support their opportunities in the labor market.
