HSBC is helping to enhance relationships between Jersey and the Middle East by hosting a Kuwaiti banking student this autumn as part of a training and development scheme, organised by the Kuwait Institute of Banking Studies (KIBS) and supported by Jersey Finance.  

Meshaal Al Saleh, who is currently in the first year of a three year graduate contract with the Commercial Bank of Kuwait having graduated from the Australian College of Kuwait, has joined HSBC this month to start an eight week placement as part of the ‘International Field Training’ element of the KIBS Graduate Training Programme.  

During his time at HSBC in Jersey, he will receive the support and guidance of various mentors and observe first hand local business culture. He will undertake relevant training to help him understand the workings of the financial services industry in Jersey, and spend time in a range of the Bank’s business areas, including business service management, foreign exchange, corporate sales and treasury.  

The programme has been organised through Jersey Finance’s office in Abu Dhabi and KIBS and has been designed to help participants understand the international banking and financial services landscape. The programme is strongly supported by the Central Bank of Kuwait and is seen as a key building block in finding the future leaders of the Kuwait banking community.  

Nick Winsor, CEO of HSBC Channel Islands and Isle of Man, commented:   “Our intention is to provide a range of activities during the placement that will introduce Meshaal to Jersey’s business culture and aid with his wider professional development. Through a mentor he will meet individuals within HSBC who can give him an insight into the organisation both from a Jersey perspective and in its international context. Having hosted students in Jersey from overseas markets previously through other placement programmes, this is the latest example of HSBC’s commitment to fostering relationships with international markets.”  

Sean Costello, Jersey Finance’s Head of Business Development for the GCC and India, added:   “Having the opportunity to host Kuwaiti students in Jersey is an important element of our efforts to strengthen relationships with the Middle East region and, for Jersey to be involved, is a reflection of the high regard in which Jersey is held in the Middle East. The aim of the progamme is to demonstrate how things learnt in the classroom in Kuwait translate across the international financial services industry and I’m sure it will be a valuable exercise for both the students and the business.”