National Bank of Fujairah lauded for innovation in employee engagement and Nationalisation efforts at the HR Excellence Awards 2016
Awards reflect the bank’s long-term focus on developing a high-performing, fully-engaged team and commitment to nurturing local talent
National Bank of Fujairah (NBF) PJSC announced today that it was crowned the winner of the “Best Innovation in Employee Engagement” and awarded the Mark of Excellence for the “Best Nationalisation Initiative” at the HR Excellence Awards 2016.
Organised by Informa alongside the HR Summit and Expo, the annual Middle East HR Excellence awards recognise the outstanding achievements of individuals, departments, teams and organisations that have contributed to the growth and development of the Middle East HR profession.
NBF’s win at the HR Excellence Awards is not the bank’s first accolade within this space; the bank has built a longstanding reputation for being a leading employer brand in the UAE. Over the years, NBF has built its HR strategy around employee wellbeing and engagement, high performance, and customer service, with Emiratisation at its heart, as evidenced by it being recognised as the ‘Best Employer Brand on LinkedIn’ recently. More recently, the organisational consultancy Korn Ferry Hay Group put NBF amongst the top three banks in the GCC and amongst the group’s global list of “high performing companies”, which includes leading firms within the FORTUNE 500 and FTSE 100, for its high level of employee engagement.
Commenting on this recognition, Abdulla Aleter, NBF’s Head of Human Resources said: “We are proud of this accomplishment as it validates NBF’s efforts on looking after our employees. NBF is a people-centric organisation whereby it is clear that it is our people who drive our success and growth. And as such, a key strategic priority for us is to develop a fully-engaged, high-performing team that will see the bank move forward and prevail over any challenging circumstances. Looking ahead, we will continue to invest heavily in building and developing our human resources capabilities.”
Highlighting its commitment to Emiratisation, NBF celebrated the graduation of the sixth batch of Management Trainee Programme (MTP) candidates and welcomed the new batch seven earlier this month The MTP is aimed at harnessing the skills of high-calibre UAE Nationals with training and career development opportunities that will help them excel in the banking sector. Candidates, usually fresh graduates, undergo a 12-month training programme including a month-long induction module, classroom training, job rotation and mentorship by members of the bank’s management committee.
Abdulla Aleter continued: “On behalf of the HR team and NBF, I would like to express my sincere gratitude for being singled out for our Nationalisation initiatives. On the occasion of the UAE National Day, I would like to reiterate the bank’s commitment to making NBF an attractive employer of Emirati talent. Moving forward, we will continue to enhance our Nationalisation efforts and drive the development of a sustainable pipeline of Emirati leaders for NBF.”
Testament to its success in driving Emiratisation, NBF stands today as one of the leaders in the industry’s nationalisation efforts; not only has it achieved a 42% Emiratisation ratio, well above the sector’s average, but all its branch managers are UAE nationals.
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 16 across the UAE.