Invest Bank launches dedicated Branch Managers training for UAE Nationals

Powered by RiskCons Group

Year-long fully focused program to prepare future branch managers

Sharjah, November 13, 2011: Invest Bank launched its flagship efforts marked at UAE Nationals empowerment called Kiyada to commensurate with 40th national day.   

Thriving economy, ably supported by visionaryleadership, requires qualified and capable personnel. UAE banking sectorcarries distinguishing mark of UAE leaders and farsightedness. Providing support to the vision, Invest Bank, launched year-long program, Kiyada,to train and prepare future branch managers from carefully selected UAE Nationals.

Invest Bank has always been at the forefrontof supporting the cause of Emiratization and has been consistently working towards it. As a part of its commitment to the cause, Invest Bank tied up with RiskCons Group, an international management consultancy firm with a dedicatedfocus on Middle East, to deliver Kiyada. 

Kiyada is a fully customized year long training program aimed atequipping UAE Nationals with all the required know-how of banking operations.This is expected to include, financial statement analysis, IT operations, branch operations, risk management, internal audit and operations, documentation, and compliance.

Sami Farhat, General Manager, Invest Bank, who brings in over 35 years of dedicated and solid banking experience, said, "Branch Management is aserious science, a dedicated art, and a philosophy to live with." Invest Bankhas been consistently aiming at empowering UAE Nationals and hence has been working very hard at launching Kiyada, said Farhat in response to a question regarding the efforts of Invest Bank for Emiratization.

Andreas Jäk, Senior Advisor, RiskCons Group, believes that job ofbranch manager is far more complex than what is appears to be. "Kiyada is a vision of Invest Bank," says Jäk, emphasizing the efforts behind Kiyada. Branch management requires fine blend of strong understanding of operations,customer management, leadership, business development, knowledge of industry at regional and international level and certainly risk management, summarizes Jäk.RiskCons is glad to undertake delivery of Kiyada for Invest Bank, adds Jäk.

Kiyada will help Invest Bank set an example in the efforts for Emiratization and help empowerUAE Nationals to lead UAE banking sector, strongly believes Farhat.

- Ends -

About Invest Bank:
Invest Bank is one of the largest Sharjah based banks. It is a full service bank providing a wide range of corporate and retail banking services. Throughout its existence, the Bank has made significant advances, consolidating its structure and establishing itself as one of the foremost banks in UAE. Duringits operations, the bank has created a market niche for itself in the commercial sector, with particular focus on project and trade finance. Through its network of branches in UAE, the bank offers a wide range of banking services, adopting a customer driven, time and effort saving policy under the supervision of a highly qualified and specialized bank team. Besides, the bankhas a large network of correspondents worldwide endeavoring to offer the best services to its clients.

About RiskCons Group:
RiskCons Group is an international management consultancy firm withdedicated focus on Middle East. Firm provides consultancies in the area of risk management, process improvement, and banks operations. In addition to this, RiskCons provides dedicated service to international software vendors in establishing in Middle East market.

© Press Release 2011