Bahrain Development Bank Partners with Lumofy to Advance Talent Management and Development Initiatives

Manama, Bahrain – November 2024:

Bahrain Development Bank Partners with Lumofy to Advance Talent Management and Development Initiatives

Bahrain Development Bank (BDB), the leading institution supporting and financing Small and Medium-Sized Enterprises (SMEs), has signed a strategic agreement with Lumofy, an AI-powered talent management platform. The partnership aims to leverage advanced technology to further strengthen continuous learning and professional growth through enhanced employee upskilling practices at the Bank.This collaboration marks a significant step forward in BDB’s relentless efforts to achieve operational excellence and sustained success. By supplying them with the necessary tools and resources, the Bank intends to empower its workforce to reach their full potential. Lumofy will utilise its sophisticated system to help BDB devise and deliver effective training programmes that improve employee performance and engagement. Commenting on this occasion, Mrs. Hend Mahmood, Chief Human Resources Officer at BDB stated, “Our people are the driving force behind our business success. We continuously strive to foster an ethos of lifelong learning and provide them with top-notch digital solutions and relevant skill-building initiatives. This collaboration with Lumofy reflects our dedication to offer our teams tailored development opportunities that align with our business needs.” Highlighting the significance of this association, Mr. Ahmed Faraj, Founder and CEO of Lumofy, said, “We are delighted to join hands with BDB to build a digitally proficient workforce ready to navigate today’s technological advancements. Our platform is designed to enable organisations to enhance their personnel’s capabilities. We look forward to working together with the Bank to promote a culture of innovation-led growth and witnessing the positive impact this partnership will create.” Lumofy is an integrated talent management and capability development system infused with artificial intelligence. It provides organisations with cutting-edge tools to gather precise insights for identifying, developing, and refining professional skills effectively. Through its innovative technology, Lumofy delivers comprehensive solutions for bridging skill gaps and devising plans that boost staff performance. The company’s platform offers dynamic instructional assets that ensure organisations excel in competitive work environments.