Doha - In line with its highly ambitious global and regional expansion plans Qatar National Bank (QNB) launched the 'QNB Leadership Development Program'. The program aims at developing Qatari Top Talent who are spotted through a structured Talent Review process
The program launch, held at AL Sharq Village & Spa, was inaugurated by Mr. Ali Shareef Al Emadi, QNB's Group Chief Executive Officer, along with QNB's top management.
The objective of this program is to develop critical leadership competencies of key high potential Qatari Top talent who will take up responsible senior management positions in the coming years as the bank expands globally.
In the face of growing competition, QNB has always managed to stay ahead through its excellent products and services and above par performance. The bank has planned very challenging goals for the coming years to continue to remain amongst the leaders in the financial sector in the region. The Qatari Top Talent Program will help QNB achieve these challenging objectives and will enable QNB to be amongst the leader in the MENA region.
QNB has identified the key Qatari top talents at the bank using Talent Review process which uses 'Integrated Performance Management & Development (IPMD) system as its foundation. The participants of the Leadership Development program will further undergo intensive assessments which will help QNB in customizing the development program to address specific developmental needs of the Qatari Top Talent.
Based on findings of the assessment the bank will develop 'Individual Development Plans' (IDP) for each participant and the developmental needs will be addressed through class room training, participation in execution of strategic projects and nominations to executive development programs of internationally acclaimed overseas business schools such as Harvard Business School, Ashridge, London Business School etc.
Through out the development program, the participants will be guided, supported and coached through identified mentors and the senior management. The Human Resources team will continuously remain in contact with the group and address all the learning needs and will continuously review the performance of the group to ensure that there are no barriers to learning and development.
Internationally acclaimed Human Resources consultants SHL, UK will be helping the bank in execution of this program through UAE based Etisalat Competency Centre,
QNB stays focused on the priority of creating a culture of continuous learning in the organization and has already deployed many Learning & Development initiatives for the employees.
The QTT Leadership program follows the successful launch of 'Lighting the Torch' program (for Young Qatari Graduates) and 'Integrated Performance Management & Development process (IPMD).
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About Qatar National Bank (QNB)
Qatar National Bank (QNB) was established in 1964 as the country's first Qatari-owned commercial bank, with an ownership structure split between Qatar Investment Authority (50%) and the private sector (50%).
QNB has steadily grown to be among the largest banks in the region and is by far the leading financial institution in the country with a market share approaching 45% of banking sector assets. QNB has the largest distribution network of 42 branches and offices (including 3 mobile branches), in addition to 10 Islamic branches and offices, and 130 Automated Teller Machines (ATMs).
QNB international presence is rapidly expanding to include new locations in Oman, Kuwait and Mauritania supplementing existing branches in London and Paris and Yemen and Representative Offices in Libya, Singapore and Iran.
As part of the same expansion plan, QNB has acquired 30% of the shares of the Jordan based, The Housing Bank for Trade and Finance (HBTF) which operates in Palestine, Bahrain, Algeria, Syria, UAE, Libya and Iraq, in addition to Jordan. QNB also signed an agreement to establish the Qatar National Bank-Syria jointly with other Syrian private and public sectors institutions with 49% share.
The London-based Ansbacher, QNB's Wealth Management and Private Banking subsidiary, operates in Switzerland, Channel Islands, the Bahamas, Dubai International Financial Center and Qatar Financial Center. Ansbacher was the first financial institution to be granted a license to operate at Qatar Financial Centre providing a wide range of wealth management services in Qatar and the region.
QNB offers a full range of retail, corporate, investment, treasury, wealth management, and Islamic banking products and services for individuals, corporate institutions and government entities. QNB is constantly striving to provide intelligent banking solutions and its range of products and services, and delivery channels across all disciplines continues to be unrivalled.
Through its affiliate, QNB Al Islami, QNB was the first commercial bank in Qatar to offer Islamic Banking products and services, and the first Qatari bank to launch equity funds (Al Watani Funds) for companies listed in the Doha Securities Market.
QNB has the highest credit rating among regional banks from leading rating agencies including Standard & Poor's, Moody's, Fitch, and Capital Intelligence. The Bank has also been the recipient of the "Best Bank in Qatar" Award from leading international specialized financial publications.
QNB has an active community support program and sponsors various social, educational, and sports events.
For further information, please contact:
Tel: (974) 4252591
Fax (974) 4252589
Email: PR@qnb.com.qa
Website www.qnb.com.qa
© Press Release 2007
