The Human Resources Authority of the Emirate of Abu Dhabi, the Abu Dhabi Global Market Academy and Abu Dhabi Commercial Bank signed a tripartite cooperation agreement with the aim of confirming the strategic cooperation to develop an educational platform for banking in the Abu Dhabi Global Market to develop the skills and capabilities of a group of talents and national human resources and prepare them to work in the banking field within the “Bankers Program”.
The cooperating parties will endeavor to introduce the “bankers” program in support of the government’s requirements in sensitive job categories as defined by the Central Bank of the United Arab Emirates and in line with the requirements for talent recruitment and management at Abu Dhabi Commercial Bank, and to hold national development programs (NDP) to help train and appoint new graduates in The banking and financial field, and the implementation of additional training and development programs to achieve and raise their competencies to meet the needs of the concerned sector, as graduates who successfully pass the programs will be selected for appointment in their institutions through established and established evaluation centers. The “Bankers” program will be designed and presented in cooperation with the London Institute of Banking and Finance, one of the Abu Dhabi Global Market Academy partners.
Abu Dhabi Global Market
Hamad Sayah Al Mazrouei, Director General of the Abu Dhabi Global Market Academy, said: “We are pleased to conclude this strategic cooperation and launch the“ Bankers ”program within the National Development Program, which comes within the framework of the efforts of the Abu Dhabi Global Market Academy and Abu Dhabi Global Market in general to contribute to the development of national talents in all fields. Focusing on the financial services sector. Through this program, which we offer in cooperation with the London Institute of Banking and Finance, the participants will be provided with specialized knowledge in the field of banking and financial services as well as practical training that will prepare them to join the labor market in Abu Dhabi. Participants will obtain a specialist certificate in risk management, compliance and banking services in the field of investment or companies, in addition to the qualification they will obtain in the field of banking and financial services. Hence, I would like to extend my thanks and appreciation to our strategic partners for all efforts made to develop the program, and we affirm our commitment to launch more innovative initiatives in a way that promotes common goals and supports the comprehensive development process in the country.
Abu Dhabi Commercial Bank
On his part, Ali Darwish, Head of Human Resources Group at Abu Dhabi Commercial Bank, said: “This initiative is of great importance, especially as developing the environment for the banking sector with an advanced approach is a fundamental pillar in ensuring the long-term prosperity of the UAE economy. The ADCB Group has always been a supporter of initiatives that would invest in training and empowering Emirati talent, and it has always been proud to have achieved one of the highest Emiratisation rates in the banking sector. And out of our keenness to build a strategic partnership with the Human Resources Authority and the Abu Dhabi Global Market Academy, Abu Dhabi Commercial Bank and Al Hilal Bank are moving forward towards achieving their goals aimed at honing the skills of national cadres and ensuring adherence to the highest standards adopted in the field of governance, compliance and risk management. We would like to express our sincere thanks to our partners, in appreciation of their joint commitment to investing in the development of cadres and contributing to laying the foundations for a prosperous future for national banking competencies.
Partnerships between sectors
This program comes to confirm the strategic partnership between government sectors represented by the Human Resources Authority and the specialized educational sectors represented by the Abu Dhabi Global Market Academy, in addition to the banking sector represented by Abu Dhabi Commercial Bank. The parties were keen to strengthen the frameworks of close cooperation and take advantage of digital educational platforms to offer a set of specialized training programs and workshops in the field of the financial and banking sector by the best academic experts.
It is noteworthy that there was a previous cooperation by the Abu Dhabi Global Market Academy with the Human Resources Authority in February 2019 to qualify and employ more than 90 citizens with the latest global skills in the field of auditing and accounting with a group of international companies. This partnership is one of the initiatives of the Human Resources Authority to meet the increasing demand for jobs in various economic sectors. Financial management, auditing and accounting have become a pillar of the knowledge-based economy, and one of the most important initiatives in support of the Abu Dhabi Development Accelerators Program “Ghadan 21”, in providing new jobs. For citizens and support the Authority’s plans to establish various partnerships with all sectors of the state and its private institutions in order to improve the quality of services provided to the beneficiaries, and to achieve the vision of the Emirate of Abu Dhabi regarding the need to enhance integration between all government and private agencies to better serve citizens.
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