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HEC Paris and Commercial Bank of Qatar sign MoU for cooperation

5 March 2014

HEC Paris School of Management and Commercial Bank of Qatar – one of the leading full service banks in Qatar – have signed on 3 February 2014 a Memorandum of Understanding whereby both parties have agreed to collaborate on specific areas of mutual interest. With this new partnership HEC Paris aims to develop knowledge-based management content of particular relevance to the region, its economy and firms in the context of the Qatar National Vision 2030.

HEC Paris, Commercial Bank of Qatar sign MoU for cooperation - Mr Abdulla Saleh Al Raisi and HEC Paris Prof L. Kerbache _ HEC Paris 2014

The areas of cooperation identified in the MoU include exchanges of information on upcoming training sessions, dissemination of information on activities of HEC Paris, and possible participation of Commercial Bank of Qatar’s staff in the training programs of HEC Paris.

Furthermore, interns and recent graduates of HEC Paris may serve as a pool of talent for Commercial Bank of Qatar, and its faculty may be made available as expert resource persons for special events or forums. The MoU also covers cooperation in writing cases as part of the production and publication of case studies to be used by business schools worldwide. Additionally, Commercial Bank of Qatar will consider the creation of an academic chair at HEC Paris in support of the development of specific programs related to Banking and Finance.
 
The MoU was signed on 3 February 2014 following initial discussions during which both HEC Paris and Commercial Bank of Qatar expressed the desire to cooperate and establish a wider-reaching partnership. They have agreed to meet, consult and cooperate on a regular basis in order to realize the objectives of the MoU.
 
The MoU also comes on heels of an already successful partnership between HEC Paris and Commercial Bank of Qatar in connection with the second Youth Leadership Acceleration Program which was held on 1 – 3 February 2014.
 
At the program, 35 talented young Qatari nationals aged 16 to 20 from the very best educational institutions in Qatar participated in a variety of workshops designed to build key leadership skills. Among the topics included in the three-day programs were leadership styles, goal setting, communication and driving change in the context of the Qatar National Vision 2030.
 
Held under the patronage of Qatar Central Bank, the second Youth Leadership Acceleration Program was conducted by senior HEC Paris faculty members Lily Kelly-Radford, Ph.D, and Luke Novelli, Ph.D.
 
“The signing of the MoU with Commercial Bank of Qatar is a proof of trust and confidence that major Qatar-based organizations have with HEC Paris,” said Professor Laoucine Kerbache, Chief Executive Officer and Academic Dean of HEC Paris in Qatar. “As HEC Paris seeks to create and develop knowledge-based management content of particular relevance to the region, its economy and firms, it is our desire to partner with leading firms such as the Commercial Bank of Qatar.
 
“We therefore look forward to a mutually beneficial partnership as we both aim to develop management talents of young business executives in Qatar in line with the Qatar National Vision 2030. This includes of course the staff of Commercial Bank of Qatar,” he added.
 
For his part, Mr Abdulla Saleh Al Raisi, CEO of Commercial Bank of Qatar expressed his appreciation to HEC Paris for its partnership in accordance with the terms of the MoU. He also expressed confidence that such a partnership will not only stand to benefit both parties but the entire society of Qatar in general.
 
“Our commitment to delivering world-class quality banking products and services in Qatar hinges upon a better and advanced knowledge of such a vital sector of economy” Mr Al Raisi said. “Through this MoU with HEC Paris, we are assured of access to the best executive education programs from the number one ranked and highly respected business school in the world”.
 
“At the same time, in fulfillment of our commitment to the further development of human capital in Qatar in line with the Qatar National Vision 2030, our partnership with HEC Paris has certainly strengthened our capability and resolve to assist in the advancement of a knowledge-based economy of the State,” he added.

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