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Abu Dhabi Islamic Bank Signs MoU To Increase Employment Opportunities For UAE Nationals |
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Abu Dhabi Islamic Bank (ADIB) has signed a memorandum of understanding (MoU) with Abu Dhabi Tawteen Council (ADTC) and the Emirates Institute of Banking and Financial Studies (EIBFS) to increase employment opportunities for UAE nationals within the Islamic finance sector. This initiative will form part of Tawteen Council’s "Derasatee Program 2010" which aims to increase the rate of Emiratisation in the public and private sectors and to build a future pipeline of UAE candidates that meet employer requirements. Under the terms of the MoU, ADIB will provide an outline of the skills needed for employment within the bank, ADTC will identify the UAE nationals who are eligible for the job and EIBFS will conduct a training program for them. Successful candidates will receive the Islamic Banking Diploma from EIBFS. ADIB will then offer employment opportunities to eligible trainees. The MoU will create a framework for the continuous employment of UAE nationals. Tirad Mahmoud, CEO of ADIB said: "We are happy to enter into this agreement to offer employment and educational opportunities to UAE nationals. It will strengthen the banking sector with qualified UAE nationals, help us meet our future expansion plans and contribute to our commitment for employing UAE nationals. Initially, we commit to making job offers to 100 UAE nationals qualified by this program and as our requirements grow, this commitment will also grow." ADIB invests in its employees and builds their leadership and management competence in various ways. One of them is its Management Associates Program where it aims to develop the best available talent to and train future leaders. In addition, ADIB is an industry leader in Emiratisation initiatives, increasing its Emiratisation rate in 2009 as the number of Emirati staff increased to 570. The bank has been recognized for its continued commitment to Emiratization by the Emirates Institute of Banking and Financial Studies (EIBFS) and was presented with their Human Resource Development Award (HRD Award) in the first category for 2009. |
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