Bank of Punjab Signs MoU with LUMS to Enhance Employee Capabilities

On February 13, 2020, LUMS signed an MoU with the Bank of Punjab. Under the agreement, the Bank will finance its employees to complete the LUMS Executive MBA programme and will also send their employees to the Rausing Executive Development Centre (REDC) open enrolment programme as per their requirement. Dr. Arshad Ahmad, Vice Chancellor LUMS, signed the MoU on behalf of the University at the ceremony.

Senior members of management team at the Bank of Punjab were present at the event. Mr. Taimur Afzal, Group Head – HR and Senior Executive Vice President; Mr. Nadeem Amir, Chief Financial Officer; Mr. Nofel Daud, Head of Retail Banking; Mr. Muhammad Akbar, Head HR Development and Talent Management, and Mr. Atif Arif, Unit Head Recruitment signed the MoU on behalf of the Bank. Representing LUMS were Dr. Ahmad who was joined by Mr. Shahid Hussain, Rector LUMS; Dr. Kamran Asdar, Interim Provost; Ms. Nuzhat Kamran, Director Office of Advancement; Dr. Khawaja Zain ul Abdin, Faculty Director REDC and the Advancement Team.

The Bank’s representatives were given a tour of the LUMS campus, after which they were apprised of the latest developments at the University, as well as the new initiatives underway. 

Mr. Hussain spoke about the National Outreach Programme (NOP) at LUMS, a prestigious scholarship that aims to educate brilliant individuals from underprivileged backgrounds from across Pakistan. He shared that NOP scholars hail from 122 cities across the nation and over 1,200 students have been inducted to the Programme to date.

Mr. Afzal was inspired by the stories of LUMS graduates. He talked about the Bank’s transformation, particularly in the last decade and shared that it is committed to improving the capacity of its employees, an aim which has led them to collaborate with LUMS. He shared that the Bank aims to train its employees through a customised training programme with the help of REDC and improve their operations all over Pakistan.

The meeting concluded with an exciting tour of the National Incubation Centre Lahore (NIC), where Mr. Faisal Sherjan, Director NICL spoke to the team about multiple organisations and projects underway at the Centre.

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