National bank of Abu Dhabi (NBAD) today announced that it has become the first UAE corporate member of the Securities and Investment Institute (SII), the leading and most widely respected professional body for those who work in the securities and investment industry.

The decision reflects NBAD’s keen interest in promoting and improving good corporate governance practices. Corporate Membership of the SII represents NBAD’s public commitment to excellence, quality and integrity. Corporate membership carries responsibilities such as actively supporting individual membership of the SII, encouraging staff to take SII examinations, maintaining NBAD staff’s ongoing competence through SII’s Continuing Professional Development (CPD), and endorsing and adhering to the SII code of conduct.

"We are delighted to have become a corporate member of the SII. At NBAD we believe good corporate governance has a significant positive effect on our performance as it enhances corporate accountability, hence, improve business relationships with stakeholders" said Mr. Abdulla Mohammed Saleh Abdul Raheem, NBAD’s Senior General Manager and Group Chief Operating Officer.

"As a responsible and transparent financial institution, NBAD looks forward to working closely with SII to actively promote and improve good corporate governance practices in the UAE and in other countries where we operate" said Mr Abdulla Saleh.

Simon Culhane FSI, Chief Executive of SII, said, "We are delighted to welcome the National Bank of Abu Dhabi as our first UAE corporate member.

SII corporate membership demonstrates publicly that a firm is a leader in integrity and competence. By signing up to our Code of Conduct and supporting employees who become members of SII, NBAD is demonstrating its professionalism."

We accept Guest Posts

Download the Dubai City Guide iPhone mobile app

DubaiCityGuide.com is owned and managed by Cyber Gear