• HSBC

Abu Dhabi Islamic Bank Emiratisation rate jumps to 40%

  • United Arab Emirates: Saturday, February 27 - 2010 at 11:08
  • PRESS RELEASE

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group and an industry leader in Emiratisation initiatives, increased its Emiratisation rate to 40% in 2009 compared to 31.5% in 2008 after recruiting a large number of UAE Nationals in 2009 bringing up the total number of Emiratis as bank staff to 570.

The bank has been recognized for its continued commitment to Emiratization by the Emirates Institute of Banking and Financial Studies (EIBFS) and was presented with their Human Resource Development Award in the first category for 2009.

HH Sheikh Dr. Sultan Bin Mohammed Al Qassimi, Ruler of Sharjah and Member of the Supreme Council, and HE Ahmed Humaid Al Tayer, Chairman of the UAE Human Resource Development Committee in the Banking and Financial sector presented the Human Resource Development Award (HRD Award) to HE Jawaan Al-Khaili, Chairman of ADIB on the sidelines of the National Career Exhibition at Sharjah Expo Centre.

The HRD Award was developed by the National Human Resources Development Committee which is run by the Emirates Institute for Banking and Financial Studies (EIBFS). This award recognizes an organization's effort and achievement in the field of Emiratization and UAE national employment, training and development.

Commenting on the Award, HE Jawaan Al-Khaili, Chairman of ADIB, said:
"We are honored to be recognized for our Ermiratsiation efforts by a prestigious organization such EIBFS. It reflects ADIB's commitment in attracting, retaining and continuously developing UAE national workforce. We strive to hire and develop the best local talent and this is reflected in the substantial number of UAE nationals that have worked with us over a long period of time."


Tirad Mahmoud, CEO of ADIB said, "The EIBFS HRD Award will sharpen our focus on achieving excellence in Emiratisation initiatives which are critical to our success. This is a remarkable achievement and another confirmation of our leading position as an employer of choice in the UAE. Our UAE national recruitment and internship programmes bring out the hidden talent in graduates and are in line with our long term plans to train, recruit, and develop them to become leading professionals in the banking and financial industry."

Over 2009, ADIB has increased headcount, especially of UAE nationals, and increased its reach across the UAE with new branches. Its leadership training programme has been noted by the industry for its professionalism and world class curriculum as it takes trainees through both classroom and on-the-job training.

"Investing in UAE national development is leading to increased staff commitment and engagement, increased retention rate and the strengthening our intellectual assets. Emiratisation is one of our primary objectives and continuous learning and development is one of our core values. It gives us better competitive advantage, increased efficiency and provides our customers with the most convenient banking experience," concluded Tirad.

ADIB will receive recruitment applications from UAE nationals interested in taking a banking and finance career path at its stand during the exhibition. It has been an active participant at various career fairs, aiming to attract, train and retain UAE national talent.
During the ceremony.
During the ceremony.
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Notes and Media Contacts »

About ADIB:
Abu Dhabi Islamic Bank (ADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, on 18th April 1999. The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari'a principles. ADIB's mission is to offer financial solutions for the global community, and its vision is to become a top tier Islamic financial services group.

ADIB prides itself on its values which reflect the Bank's commitment to the Islamic Shari'a, and the guidelines of the Bank's practices adhere to the principles of Islam.

For media information, please contact:
Lamia Hariz
Corporate Communications
Abu Dhabi Islamic Bank
Tel: +971 2 6100860

or

Mohammad Z. Al-Qassem
Senior Account Executive
Weber Shandwick | MENA
Emarat Atrium Building
Wing A, Office 213
Sheikh Zayed Road
P. O. Box 50197, Dubai, UAE
T: +971 4 3210 077 Ext: 1254
F: +971 4 3211 711

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