National Bank of Abu Dhabi (NBAD), signed a Memorandum of Understanding (MoU) with the Ministry of Higher Education and Scientific Research in order to facilitate employment of UAE graduates. Under the agreement NBAD will receive direct access to a database of Emirati students in all private and government institutions of higher education, across the country as well as outside, with a view to offering new job opportunities according to vacancies and business needs.
It is the first time in the UAE that a bank has signed an agreement directly with the Ministry for a broader scope, instead of only individual universities.
Youmna Bodowah, the Ministry's Acting Assistant Undersecretary of Higher Education and Scientific Research, said: “We are very happy of this agreement that will directly connect graduates with the largest bank in the UAE, to provide employment opportunities for Emirati talents in line with the UAE Vision. NBAD has trained many Emiratis over decades many of whom today assume senior leadership positions. It is the first time a UAE bank signs an agreement with the Ministry directly and not only individual institutions, as per practice in the industry.”
Aishah Dhanhani, Group Head of HR Business Partnership at NBAD said: “This agreement will make a significant difference in facilitating our access to the most talented Emirati graduates across the country. We are committed to offering them the best opportunities and providing an ideal environment for the most brilliant Nationals to thrive and grow a career. We want to be their first choice, in line with NBAD’s ambition to be the best Arab bank in the world and contribute to the development of the nation.”
Selected candidates will first undergo an assessment process to evaluate their capabilities. Upon success, new recruits will be given intensive training before starting their career within the bank.
As part of its Emiratisation drive, NBAD has launched several programmes to maximise the potential of Emiratis at different stages of their lives. Last year, the bank launched a part-time employment scheme for UAE nationals. Other programmes include: the Watani Development Programme; sponsorship a Master of Science in Finance under the AFAQ Management Trainee Programme; sponsorship of bachelor students at international universities through the Tomouh programme. In addition, Al Najah trainee programme was launched in 2014, in collaboration with the Emirates Institute for banking and financial Studies (EIBFS), to enhance high school graduates’ understanding of banking. The training lasted 6 months. NBAD sponsors also enrolled university students under the Mustaqbali programme, paying them monthly benefits and guarantying placement upon graduation.
In recognition of its achievements, the Bank has recently received the Human Resources Development Award in banking sector, an award the Bank won in 2004 and 2009 for its outstanding human resources policies and development initiatives.