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The National Bank of Abu Dhabi (NBAD), the Number One Bank in the UAE, has partnered with Zayed University to jointly develop training programmes and cooperate on recruitment, sponsorships and job training.
The latest partnership followed other collaborations between NBAD and Zayed University and strengthens both organisations’ continued contribution to the progress of Abu Dhabi. It also serves NBAD’s strategy to actively contribute to the development of human resources and raise standards of tomorrow’s UAE leaders.
“Zayed University and NBAD have cooperated in several strategic projects and this latest partnership cements our close relationship,” said Ehab Hassan, the Group Chief Human Resources Officer. “Each of these partnerships serves as a pillar to the progress of Abu Dhabi and helps both NBAD and Zayed University to become stronger in their respective fields.”
NBAD offers its prestigious AFAQ programme in partnership with Zayed University. NBAD’s AFAQ programme recruits young UAE national college graduates and supports their pursuit of a master’s degree in finance during their first two years of employment.
Under a Memorandum of Understanding (MoU) between NBAD and Zayed University, NBAD would provide career guidance to the university’s graduates. NBAD and Zayed University would develop joint venture training initiatives. The initiatives would boost NBAD employees’ skills, and boost Zayed students’ and graduate’ practical knowledge.
NBAD would also provide tutorial, seminar expertise and lecturing to Zayed University.
“This partnership benefit both Zayed and NBAD and will make both organisations stronger, which in turn will contribute greatly to the progress of the Emirate of Abu Dhabi and the United Arab Emirates,” Mr. Hassan said.
The MoU with Zayed University follows a similar agreement the Bank made with Paris-Sorbonne University Abu Dhabi. These partnerships underscore NBAD’s strategy to support universities and providers of higher education because they are developing tomorrow’s leaders. It also serves to allow NBAD recruit top talents.
NBAD has been consistently recognised and honoured for programmes that are instrumental in the training of its employees and the recruitment and development of talented UAE nationals. Recently, for instance, Emirates Institute for Banking and Financial Studies (EIBFS) honoured NBAD for its strategies to search, identify and hire UAE nationals who seek careers in financially services and proved their motivation through academic achievements. In another accolade, IFS School of Finance, the leading provider of professional banking and financial qualifications, has awarded Michael H. Tomalin, the Group Chief Executive of the National Bank of Abu Dhabi (NBAD), an Honorary Doctorate of Science in Banking and Finance in recognition of his outstanding contribution to the financial services industry.
NBAD has a number of partnerships with governmental and non-governmental agencies to advance Emiratisation goals.
NBAD is a founding member of Higher Colleges of Technology Foundation’s 100-club and funded two Deans in Banking and Finance based at HCT’s Abu Dhabi Women’s College and Al Ain Men’s College.
Moreover, the Bank launched the Derasatee Programme with Abu Dhabi Tawteen Council (ADTC) and EIBFS to hire and train UAE national job seekers. Under Derasatee, ADTC and NBAD sponsor young UAE nationals to study at EIBFS toward a specialised Banking Diploma. Currently several students in Abu Dhabi, Al Ain and Sharjah are in the Derasatee programme, who are will work for the Bank upon graduation. The Bank also works closely with the National Human Resource Development and Employment Authority (TANMIA).
NBAD also runs its own prestigious training and educational programmes to enhance its Emiratisation strategies. It recently launched “Tomouh” under which NBAD sponsors overseas education of UAE nationals and allows them to intern with the Bank during their education pursuit. Tomouh is part of NBAD’s Watani Development Programme.
Under the Watani Development Programme, NBAD also offers AFAQ, in which young talented recruits study toward a Master’s degree in partnership with Zayed University; Mustaqbali, a sponsorship and internship programme for Emirati university students with the chance to work for the Bank upon graduation, A Bedaya, which recruits and trains high school graduates, and Al Sadara, which helps talented Emiratis get a professional certification.
The state-of-the-art NBAD Academies in Abu Dhabi and Dubai strengthens NBAD’s Emiratisation and ‘learning culture.’
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