National Bank of Fujairah welcomes the tenth batch of Management Training Programme participants
Initiative focuses on building capabilities of young Emiratis in the banking sector
National Bank of Fujairah welcomed the tenth cohort of 25 participants in its annual Management Training Programme (MTP), the bank’s flagship Emiratisation initiative aimed at nurturing young banking professionals. The development programme kicks off in December and offers Emiratis access to training and mentorship opportunities for the next 12 months in a bid to focus on the number of UAE nationals in the finance and banking sector. The bank also celebrated the graduation of its Emirati talents from last year’s batch.
Offering participants a well-rounded experience of the banking sector, the programme includes a one-month induction module, classroom training, job rotation, and mentorship by the bank’s senior leadership team who share their insights with the MTPs. With continuous support by the bank’s Board members and senior management on supporting Emiratisation initiatives, NBF is today regarded as an employer of choice in the UAE.
A key element of NBF’s HR strategy focuses on supporting the career aspiration of the nation’s youth and developing their skills as to prepare them to take on leadership roles within the bank. Today, the majority of current and previous participants are employed within the bank in high-ranking and critical roles across various departments including Risk, Audit, Corporate Banking, Credit, IT, among others.
Speaking at the occasion, Watfa Abdulkarim, Manager – Emiratisation at NBF said: “We are very proud to cement our status as one of the local banks invested in contributing to the government’s Emiratisation aspirations. Given the bank’s role in driving the economy forward, building capabilities within the sector will positively impact national growth and economic development. We strongly believe that first-hand experience and hands-on training with industry experts and veterans will encourage more Emiratis to jump-start a successful banking career.”
NBF continues to constantly meet the Emiratisation point system well ahead of other institutions in the regionto support the national Emiratisation strategy by undertaking regular initiatives aimed at ensuring a sustainable pipeline of UAE banking professionals. As such, the bank gets yearly recognition by the Central Bank for maintaining the industry leading Emriatisation rate.
About National Bank of Fujairah PJSC:
Incorporated in 1982, National Bank of Fujairah PJSC (NBF) is a full services corporate bank with strong corporate and commercial banking, treasury and trade finance expertise as well as an expanding suite of personal banking options and Shari’a compliant services. Leveraging its deep banking experience and market insight within Fujairah and the UAE, NBF is well-positioned to build lasting relationships with its clients and help them achieve their business goals.
NBF’s key shareholders include the Government of Fujairah, Easa Saleh Al Gurg LLC and Investment Corporation of Dubai. Rated Baa1 / Prime-2 for deposits and A3 for counterparty risk assessment by Moody’s and BBB+ / A-2 by Standard & Poor’s, both with a stable outlook, the bank is listed on the Abu Dhabi Securities Exchange under the symbol “NBF”. It has a branch network of 18 (of which 1 is an electronic banking service unit) across the UAE.
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