Bank eyes 50 per cent Emiratisation by 2009
The National Bank of Dubai (NBD) has appointed 10 UAE Nationals to various positions following an open day organised recently to recruit candidates through the Emirates Nationals Development Programme (ENDP).
NBD interviewed 20 UAE Nationals and the selection process was based on the qualifications and leadership potential of the candidates. The response exceeded expectations and NBD now plans to hold quarterly Open Days in partnership with ENDP in a sustained effort to attract and retain young National talent.
Husam Al Sayed, Head of Human Resources, NBD, said: "In line with the Dubai Strategic Plan, NBD is committed to increasing the recruitment and long term retention of UAE National talent. Our continuous efforts to promote Emiratisation through recruitment and career development, mean our target of achieving a 50 per cent Emiratisation by 2009 is already well within reach."
Azza Al Sharhan, Director, ENDP, said: "This initiative is another example of our commitment to identify and empower UAE Nationals through partnerships with established players, like NBD, and in key sectors, including banking and finance".
"ENDP will be responsible for providing the initial sourcing, screening and short listing of applicants as well as implementing 12-week training courses for select trainees, while NBD will arrange the final interviews and placements for the candidates," Al Sharhan added.
ENDP's mission is to facilitate and support the integration of UAE Nationals into the
private sector. It works to equip young UAE Nationals with the necessary knowledge and skills to enable them to be successful across all sectors.
Nationals make up 36.4 per cent of NBD's work force thanks to various Emiratisation initiatives such as PAL (Programme for Accelerated Learning) and the Al Mishaal training programme. Both are part of the NBD Academy which was established for the ongoing development and training of UAE National employees. In addition, NBD regularly participates in career fairs including those organised by educational institutions.
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About National Bank of Dubai
Founded in 1963, National Bank of Dubai is the oldest, locally incorporated bank in the Southern Gulf. Known as the bank with a performance that is second-to-none, NBD has built a reputation of stability and strength much appreciated by shareholders and customers alike. Recognizing this leading performance, NBD has been awarded with the Dubai Quality Award for the year 2005.
Offering diversified financial services, NBD is a leader in corporate banking. Its portfolio covers a wide range of services including transport, real estate, construction, manufacturing, tourism and service industries throughout the region. In addition, NBD's 'Private Office' provides private banking services, offering highly tailored solutions to preserve and protect the personal wealth of its customers. Along with supplying customers with a variety of exclusive service based products, secured facilities, Credit Cards, personal loans, , auto loans and home loans, National Bank of Dubai also offers a variety of treasury products and services, advising customers on exchange markets and interest rate outlook. NBD, also launched Suhail Priority Banking Services, a premier banking service offering customers personalized relationship management and a host of exclusive products and services. Furthermore, NBD offers customers automated banking services, which consist of an internet service (NBD Online), a telebanking facility (NBD Telebank), an SMS based service (NBD Mobile) and an online brokerage trading in UAE shares through its subsidiary, NBD Securities.
NBD also recently established NBD Investment Bank which is its' investment arm operating from DIFC.
With a comprehensive card portfolio that provides an array of benefits, NBD has, over the years, built a wide ATM network as well as Point of Sale terminals in select locations throughout the UAE.
National Bank of Dubai currently has an extensive branch network that includes 41 branches throughout the UAE. In addition, NBD also has a branch in London and Qatar as well as a representative office in Tehran.
Emirates Nationals Development Programme
Emirates Nationals Development Programme was established in November 2005, under the directions of HH Sheikh Mohammed Bin Rashed Al Maktoum UAE Vice-President, Prime Minister and Ruler of Dubai. Its objective was to empower UAE nationals and provide them with knowledge and skills necessary to start a career in various aspects of national economy, especially in the private sector.
On 17 June 2006, ENDP started receiving applications from unemployed UAE national job seekers through its website and special booths in malls.
ENDP adopts four strategies through acknowledging the market needs, attracting UAE nationals, training them, recruiting them and following up on their progress. Its activities are concentrated in sectors that have proved important for the national growth such as hospitality, trade, real estate, IT, banking, national conglomerates and semi governmental establishments.
ENDP has formed industry specific committees comprising of the leaders of various private sector companies, that suggest solutions to problems hindering UAE nationals from joining the private sector, and discuss their training needs.
For more information, please contact:
Ramy Lawand
Executive PR
National Bank of Dubai
Tel: 04-2012204
Fax: 04-2210319
Mobile: 050-8420729
email:lawandr@nbd.com
© Press Release 2007
