Ajman Bank Awarded for UAE Nationals in Higher Management Positions at the National Career Exhibition

Emiratization Ratio reaches 33% End Dec 2012

Ajman, UAE; February 20, 2013: Ajman Bank, the award-winning Islamic financial services institution committed to transforming the experience of Islamic banking, has been awarded for its UAE Nationals in Higher Banking Positions by the Human Resources Development Committee in the Banking and Finance Sector (HRDC) at the National Career Exhibition 2013 in Sharjah. The award was presented to Salem Al Shamsi, Acting Head of Retail and Maryam Al Shorafa, Head of Corporate Communications and Marketing.

Ajman Bank announced that it had achieved a 33% Emiratization ratio at the end of December 2012, recording one of the highest Emiratization rates across the UAE banking sector.

Mohamed Amiri, Ajman Bank's Acting CEO, commented: "Ajman Bank is committed to supporting and promoting Emiratization, providing its UAE National employees with the practical skills that will boost their careers within the Bank. Our objective is to offer career advancement opportunities to qualified and talented UAE Nationals in various positions at all career levels. We are proud to have many Emirati employees who now hold senior positions at Ajman Bank."

Ajman Bank's participation in the Career Fair was aimed to utilize the presence of candidates and graduates from leading universities in the UAE who attend the Career Fair in Sharjah and offer them employment opportunities in order to attract the largest pool of talented UAE national job seekers.

Ajman Bank's ambitious Emiratization Program "Sawa'ed Wataniya", aimed at recruiting and developing UAE Nationals, is mainly built around three major pillars: Recruitment, Career Development, and Retainment policies, providing a combination of academic and on-the-job training to equip new recruits with the necessary skills required for them to become the future managers and leaders of the Bank.

Ajman Bank started its operations in 2009. It now operates with 11 branches spread across the Emirates. In a challenging financial environment, Ajman Bank maintained earnings momentum recording a breakthrough performance with a 382% increase in its annual net profit recorded for the year ended in December 2012, compared to 2011.

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About Ajman Bank:
Ajman Bank is a young, agile Islamic commercial bank built on the values of integrity, trust and transparency. The bank provides a wide range of value-driven banking services in the UAE for individual, business and government clients, all in compliance with Shariah principles. Ajman Bank seeks out the market's best products, people and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.

Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate's economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organisation in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.

For further information, please contact:
Fida El Samad
VP - Head of Corporate Communications
Tel: 050 4594132
E-mail: f.elsamad@ajmanbank.ae