Kuwait – 9 October, 2013: Gulf Bank has announced plans to field 12 teams called TEAM GULF BANK, comprising of both university students and Gulf Bank staff, for this year's Global Management Challenge Kuwait to be held in November.  The 12 TEAM GULF BANK will be among a number of other teams competing in the 2013 Global Management Challenge Kuwait, to become national champions of Kuwait and earn the right to compete for Kuwait in the final in April 2014.

The Global Management Challenge is the largest simulated strategy and management competition in the world. It is a strategic management competition based around a virtual environment with its own market and shares. Teams manage their own companies with the objective of getting the highest share prices on a simulated stock exchange.  The winning team in the national final will go on to represent Kuwait in the international finals, competing against national champions from more than 40 countries, including USA, Russia and China in Sochi, Russia, in April 2014.

The Global Management Challenge teaches real world business tactics and decision-making in a virtual environment. Due to its effectiveness and success, it earned the EFMD-CEL accreditation (European Foundation for Management Development- technology-enhanced learning program).

Gulf Bank is partnering with ADNAR Group® the exclusive organizer of the Global Management Challenge in the GCC, to form the 12 teams that will make up TEAM GULF BANK, all of which will be made up of Gulf Bank employees and students from universities in Kuwait. Commenting on the announcement, Mrs. Salma Al - Hajjaj, General Manager of Human Resources at Gulf Bank said: "The Global Management Challenge brings together students, business schools, and corporations in a unique learning experience, preparing university students for a real work environment and enriching participating staff members challenging up-to-date business scenarios.

"Gulf Bank's support for this initiative underlines our commitment to supporting young people in the community.  Our corporate social responsibility mission is focused on preparing youth to become tomorrow's business generation, so that when they graduate, they will have the skills and tools to compete in a world- class commercial environment.  These are the same skills which are needed to be successful in this competition, which is why we are so pleased and excited to have the opportunity to endorse and participate in this international learning experience."

Mrs. Salma Al - Hajjaj, General Manager of

Human Resources