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Sunday, November 29 - 2009

Sharjah Islamic Bank topping the list among GCC private sector

  • United Arab Emirates: Wednesday, November 15 - 2006 at 17:14
  • PRESS RELEASE

Sharjah Islamic Bank received today an award from the Ministry of Labour for attaining the highest rate of Emiratization among the private sector institutions in GCC countries.

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  • Ministry of Labour awards SIB for scoring the highest in Emiratization drive.
    Ministry of Labour awards SIB for scoring the highest in Emiratization drive.
SIB has significantly achieved 50% of its employees to be UAE nationals.

SIB CEO Mohammed Abdullah received the award from the Minister of Labour in the awarding ceremony held in Emirates Palace in Abu Dhabi today.

"This is truly an honor for SIB, for its continuing efforts to encourage more UAE nationals to participate in building a more nationally-based institution, particularly in the private sector. We have focused conscientiously on this goal in SIB by giving paramount efforts to make it a reality," commented Mohamed Abdulla

Since the government's campaign started, many national companies have restructured their human resource strategies into giving more opportunities for UAE nationals to be an integral part of their core staffs, especially in services, including the banking sector.

SIB's HR programme is part of its corporate strategic plan to expand its current staff members from about 400 to a target of 700 within the next three years. The different training schemes for employees in various ranks have attracted many nationals to work with the bank. It includes degree offerings for new and old employees seeking to gain relevant banking qualifications.

"Our HR programme is developed in line with our goals of offering the exemplary services to our customers. By encouraging more UAE nationals to participate in banking services, we will be actively participating in an important part of the UAE development policies," concluded Mr Abdullah.
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Maria Rosa Cahya Indah
PROMAX MIDDLE EAST
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