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DIB executives participate in BAI Graduate School of Retail Banking programme in US
- United Arab Emirates: Tuesday, August 21 - 2007 at 11:21
- PRESS RELEASE
A senior management delegation from Dubai Islamic Bank (DIB) recently participated in a high-profile educational programme at the BAI Graduate School of Retail Banking at the University of Wisconsin in the United States.
Taha Noman, Head of Human Resources, DIB, said: "This unique opportunity allows our top managers to further understand the drivers of the retail banking business and gain invaluable management insights into the sector. This initiative reflects DIB's vision to assist its top managers to make a mark for themselves in retail banking and to develop into senior management leaders."
"DIB is taking part in this unique programme to help its senior managers in developing and implementing effective and actionable retail business plans. In addition, the programme will allow DIB's managers to optimise decisions on branch, channel, product and management issues," he added.
He concluded: "The programme will improve financial performance through the development of rigorous standards to produce stronger bottom-line results. It also helps to create appropriate alternate delivery channel strategies to maximse the organisation's opportunities for sales, customer service and account management."
Participants come from a wide range of financial institutions from across the world. Some self-select this program as they plan for career advancement, while others are hand picked by senior management. Participants in the programme come from various areas of responsibility, including branch, sales and marketing, call centre, branch operations and retail distribution.
The executive education programme at the BAI Graduate School of Retail Banking at the University of Wisconsin was held from July 21-July 27, 2007.
Mohammed Fahim, Vice President, Head of Abu Dhabi Area, DIB, Mohammed Rakan, Vice President, Head of Al Ain Area, DIB, Rashid Mahjoub, Vice President, Head of Sharjah Area, DIB, and Nabil Abdul Razak, Assistant Vice President, Head of Wealth Management department, DIB, were among the participants in the programme.
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DIB ProfileDubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices. The bank recently announced the breaking of another world record by raising US$3.52 billion Sukuk for the Nakheel Group. This Sukuk adopted a first of its kind structure never used before in Islamic or conventional banking history.
As recognition of its leading role in the international arena, DIB has received many awards from international organizations such as the prestigious "Bank of the Year - UAE" award for 2006 by 'The Banker magazine' and accolades from Euromoney. In 2006, DIB received international credit rating by Standard & Poor's and Moody's.
For further information, please contact:
Tarek Fleihan / Nicholas Nesson
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3355969
Fax: +971-4-3344556
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