KARACHI ( PRESS RELEASE )
Furthering its commitment to bridge gaps between the industry and academia, Bank Alfalah, has signed a strategic agreement with Virtual University of Pakistan, Lahore to establish a framework of learning between the two institutions.
The agreement was signed by Mr. Ahmed Nauman Anees, Head Learning and Development Division (L&DD), Bank Alfalah Limited and Registrar Virtual University, Prof. Dr. Syed Abdul Majid. The two institutions will actively strive to create a conducive environment for mutual learning though exchange of faculty, knowledge, and expertise to help facilitate a shared growth and progress of the industry and academia.
Under this agreement, VU shall extend professional expertise towards designing, developing, and improvinga Learning Management System (LMS) for BAFL employees, besides facilitating BAFL in conducting recruitment tests through their nation-wide campuses.VU may also provide technical proficiency to develop question bank, assessment mechanism, and online portal.
The agreement also provides for faculty exchange where professionals with relevant domain knowledge will be invited for guest lectures in the degree and executive programs of VU as market experts. Similarly, VU faculty members will conduct relevant training sessions managed by BAFL Learning & Development Division to its management and staff.
Bank Alfalah will also be able to capitalize on VU’s Satellite Airtime for extending learning activities to its employees throughout the geographical regions where BAFL operates. In reciprocation, BAFL may invite VU in designing and offering customized and in-house executive development programs for BAFL’s employees. VU, with L&DD’s assistance, may develop computer based simulations and interactive training contents.