IsDB and Exim Bank Malaysia Wrap up Joint Training on Monitoring and Evaluation

Kuala Lumpur, Malaysia, 6 March 2024 – A three-day training on monitoring and evaluation jointly organized by the Islamic Development Bank (IsDB) and Export-Import (EXIM) Bank Malaysia and conducted by experts from the Independent Evaluation Department (IEvD) and ICD, has wrapped up work in the Malaysian capital city of Kuala Lumpur.  

A keynote speaker at the certificate awarding ceremony was Dr. Issa Faye, IsDB’s Director General for Global Practice and Partnership, who congratulated the EXIM Bank Malaysia’s staff for having attended the training on evidence building and its application in informed decision making.

After taking part in the awards presentation ceremony, Dr. Faye highlighted the need for use of technology in monitoring and evaluation especially for real time data collection, analysis, and synthesis for efficient and effective program management.

He then referred to this training as an important instance of cooperation between IsDB and EXIM Bank Malaysia as strategic partners promoting developing operational efficiency especially in IsDB member countries.

Furthermore, Dr. Faye expressed thanks to IsDB Center of Excellence in Kuala Lumpur for initiating the collaboration between IsDB Group and EXIM Bank Malaysia in which the Development Effectiveness Office of the Islamic Corporation for the Development of Private Sector (ICD) has played a major role.

Heading a ranking delegation comprising representatives of IsDB Group entities and departments including the Bank’s Center of Excellence in KL, Dr. Faye is currently in Malaysia to meet with senior officials of public and private sectors in an effort to set the grounds for setting a chapter of renewed cooperation between the Bank and Malaysia.     

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