|29 January, 2020

UAE Central Bank plans to recruit 50 Emiratis by end of 2020

78% of the Central Bank's senior positions are held by Emiratis

General view of Central Bank of The U.A.E. on January 3, 2017 in Dubai, United Arab Emirates.

General view of Central Bank of The U.A.E. on January 3, 2017 in Dubai, United Arab Emirates.

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The Central Bank of the UAE (CBUAE) is aiming to recruit 50 UAE nationals by the end of 2020, a statement by Emirates News Agency showed.

"We will continue to promote the UAE’s 2021 vision in relation to Emiratisation, focusing on nurturing fresh graduates with valuable skills and providing opportunities for qualified Emiratis to join the CBUAE. On this front, we are planning to recruit 50 UAE nationals by the end of 2020, while we continue to concentrate our efforts on increasing the rate of the Emirati workforce in the banking and financial sector," Mubarak Rashed Al Mansoori, Governor of the CBUAE, said

"The CBUAE continues to play an instrumental role in the nation’s banking and financial sector, serving as a key enabler of the UAE’s transformation into a competitive and knowledge-based economy. We are proud to announce that 78 percent of the CBUAE’s leadership positions are held by Emiratis," Al Mansoori added.

(Writing by Gerard Aoun; editing by Seban Scaria)

(gerard.aoun@refinitiv.com)

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© ZAWYA 2020

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