The Bank exceeded the 38 percent nationalisation targets set by the UAE government for the year ended 2006.
In its latest drive, the Bank partnered with Dubai Women's College and Sharjah Women's College in a bid to attract talented, newly graduated female UAE nationals to the Bank. 'The Employers' Day programme' - an initiative organised by both colleges - took place over two days in Dubai and Sharjah, resulting in a near 5000 strong contingent of candidates and an array of prospective employers.
"We are committed to developing local talent in all countries we operate in and the UAE is no different," said Ruth McGill, Regional Head Human Resources, Standard Chartered. "During the 'Employers' Day programme' we were fortunate enough to meet over 100 promising candidates. We interviewed UAE Nationals on the spot for positions at Standard Chartered, and as a result we have already successfully added to our strong local talent base."
To continue its commitment to Emiratisation, Standard Chartered partners with leading institutions in the UAE, including the Emirates Institute of Banking & Finance in Sharjah (EIBFS), and Tanmia. More recently, Standard Chartered has partnered with the DIFC to train and develop UAE nationals for careers in the financial services industry.
"We are looking to build a world class banking industry and cultivate local talent which will be done by attracting, developing, and retaining the best people," continued Ruth.
"Standard Chartered's relationship with leading UAE academic institutions ensures we have a constant pool of the best available National talent. In return, Standard Chartered offers candidates invaluable experience and exposure to an international working environment, which encourages them to realise their full potential in a competitive finance sector," concluded Ruth.
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Standard Chartered exceeds 2006 Emiratisation target
- United Arab Emirates: Wednesday, June 20 - 2007 at 14:56
- PRESS RELEASE
Standard Chartered, a leading international bank in the UAE, continues to lead the way for Emiratisation in the banking and finance industries.
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Standard Chartered - leading the way in Asia, Africa and the Middle EastStandard Chartered PLC is listed on both the London Stock Exchange and the Hong Kong Stock Exchange and is consistently ranked in the top 25 among FTSE-100 companies by market capitalisation.
Standard Chartered has a history of over 150 years in banking and operates in many of the world's fastest-growing markets with an extensive global network of over 1,400 branches (including subsidiaries, associates and joint ventures) in over 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas.
As one of the world's most international banks, Standard Chartered employs almost 60,000 people, representing over 100 nationalities, worldwide. This diversity lies at the heart of the Bank's values and supports the Bank's growth as the world increasingly becomes one market.
With strong organic growth supported by strategic alliances and acquisitions and driven by its strengths in the balance and diversity of its business, products, geography and people, Standard Chartered is well positioned in the emerging trade corridors of Asia, Africa and the Middle East.
Standard Chartered derives over 90 per cent of profits from Asia, Africa and the Middle East. Serving both Consumer and Wholesale Banking customers worldwide, the Bank combines deep local knowledge with global capability to offer a wide range of innovative products and services as well as award-winning solutions.
Trusted across its network for its standard of governance and corporate responsibility, Standard Chartered takes a long term view of the consequences of its actions to ensure that the Bank builds a sustainable business through social inclusion, environmental protection and good governance.
Standard Chartered is also committed to all its stakeholders by living its values in its approach towards managing its people, exceeding expectations of its customers, making a difference in communities and working with regulators.
For further information please contact:
Noura Gwanny
Corporate Affairs, Standard Chartered Bank
Tel: +971 (0) 4 5070227
Fax: +971 (0) 4 3594174
Posted by Lara Lynn Golden, News EditorWednesday, June 20 - 2007 at 14:56 UAE local time (GMT+4)
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This article was updated on Sun Jun 24 2007.
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