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May 09 2011

Dubai Islamic Bank launches second Qiyadee programme

Dubai Islamic Bank launches second Qiyadee programme
Programme will prepare Emiratis for leadership roles

Dubai, May 9, 2011: Dubai Islamic Bank ( DIB ) announced today the launch of its second Qiyadee programme to develop a core group of employees to assume managerial positions within the organisation. The selected Emiratis, from both inside and outside the bank, will now embark on a 36 month-long training programme to develop the necessary knowledge and skills to become the future leaders of DIB .

DIB 's second Qiyadee programme has been developed in partnership with Zayed University and was officially launched at a ceremony attended by Dubai Islamic Bank CEO Mr. Abdullah A Hamli, Dr. Sulaiman Al Jassim, Vice President of Zayed University and the bank's senior management, including, Dr. Adnan Chilwan, Deputy CEO - Chief of Consumer and Wholesale Banking, Mohamed Abdullah Al Nahdi, Deputy CEO - COO, and Obaid Khalifa AL Shamsi, Chief of Human Resources.

Introduced in 2006, the Qiyadee programme consists of theoretical and practical courses, each designed by experts in the fields of Islamic banking, finance and management. Students are trained in a range of core business and support functions, preparing them to take managerial positions within the field of retail banking, corporate banking, wealth management, central operations information technology and risk management.

Abdullah Al Hamli, CEO of DIB , said: "The Qiyadee programme is central to DIB 's long-term strategy for acquiring and developing the bank's future leadership. We consider developing the talents and skills of UAE nationals to be one of our most important priorities, and programmes such as this will provide the platform for the continued growth of DIB ."

Dr. Sulaiman Al Jassim, Vice President of Zayed University , said: " Zayed University values its relationship with Dubai Islamic Bank , one of the leading economic and financial institutions locally and internationally. Its status as the first Islamic bank in the world underlines its distinguished place in the banking sector. Through its training programmes, the bank is committed to the philosophy of continuous education which is vital in order to keep pace with the continuous technical advances in the world."

The Qiyadee programme is a key component of DIB 's long-term strategy to meet its ambitious Emiratisation target. The bank has already achieved 100% Emiratisation at branch manager level and, across the organisation, Emiratisation stands at an impressive 46%, an increase of 5% in 2010.

-Ends-

About Dubai Islamic Bank :
Dubai Islamic Bank ( DIB ), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE. DIB is a public joint stock company, and its shares are listed on the Dubai Financial Market. The bank enjoys a reputation as a leader and innovator in maintaining the quality, flexibility and accessibility of its products and services. The bank currently operates 68 branches in the UAE.

DIB has been proactive in creating partnerships and alliances at both the local and international level. The bank has established DIB Pakistan Limited, a wholly owned subsidiary which has a network of 59 branches across 26 major cities in Pakistan. DIB has also started operations in Jordan, with the establishment of Jordan Dubai Islamic Bank

DIB has earned the respect of its peers around the world for many years, and its leading position has been reaffirmed by the 79 local, regional and international accolades that it has won between 2008 and 2010. DIB has won awards across diversified areas, including retail, corporate and investment banking, as well as CSR and consultancy services. The bank's most recent awards include being named "Best Islamic Bank in UAE" for the fifth consecutive year by Islamic Finance News, "Best Islamic Bank" in the UAE for 2010 by NY-based Global Finance magazine, "Best Islamic Bank in the UAE" by Asiamoney magazine, and being named winner of the first-ever Pan-Arab emeafinance award for corporate social responsibility.

For further information, please contact:
Iman Ahmed
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-3355969
Fax: 971-4-3356080
E-mail: i.ahmed@asdaa.com

© Press Release 2011


© Copyright Zawya. All Rights Reserved.


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