Place the wooden skewers in hot water and let soak. Soak the bread in milk for 5 minutes. Place the ground lamb, cilantro, parsley, cumin, garlic, salt, and pepper powder in a bowl. Squeeze milk from the bread and add the bread to the bowl. Mix thoroughly with your hands. Discard the remaining milk. With wet hands, roll 2 tablespoons of the mixture into round balls, then add a bell pepper piece, and finally a cherry tomato.

Repeat with the remaining mixture to make the koftas followed by bell pepper and cherry tomato. Carefully secure 2-3 kofas in each skewer. Preheat the broiler to high temperature. Line the grill pan with foil and lightly brush the grill rack with oil. Place the koftas on the rack and broil, turning frequently, until the koftas are all well done. Decorate the platter with olives.