Standard Chartered in Tanmia Emiratisation MoU

The MoU was signed at the opening ceremony of Careers UAE. Standard Chartered Bank is the Gold Sponsor of the annual exhibition and has a stand at the event. Now in its sixth year, the exhibition has evolved as a key forum where all parties involved in employment, education and training can interact.

Through the MoU, Tanmia will nominate candidates for specific job openings at Standard Chartered, as well as work with the bank to develop focused training programs.

"Standard Chartered's partnership with Tanmia will provide a complete package for every potential UAE candidate looking for a career in the banking industry," said David Proctor, CEO Standard Chartered Bank UAE. "We are committed to Standard Chartered Tanmia Emiratisation MoU-2 harnessing local talent and Emiratisation is an integral part of our long-term strategy in the UAE.

"With this agreement we hope to reinforce the steps we have already taken to support the Emirates National Development programme initiative launched by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai."

The agreement with Tanmia is the latest in a series of steps Standard Chartered has taken to provide employment and training opportunities to UAE nationals. In December 2004 the bank launched the Al Mawarid Induction programme developed with Emirates Institute for Banking and Finance Studies (EIBFS).

The Al Mawarid programme is tailor-made for each UAE national trainee and covers the fundamental principles of banking operations. The programme witnessed its first set of graduates earlier this year.

Standard Chartered's agreement with Tanmia reinforces the bank's commitment to the Emiratisation process. With Tanmia, the bank has developed two training schemes for hired UAE employees - the 'Entry Level Banking Curriculum' level 1 (ELEBC 1) and level 2. These two training programmes provide each recruit with the knowledge and confidence to fit into their assigned job roles.

Once a UAE national has been identified by Tanmia, the candidate will undergo a four level preparation process called the 'Roadmap' which covers the initial levels of recruitment activities, learning and development programmes, talent management activities and on-going retention schemes.

"We believe that by developing the local workforce we can ensure the banking sector in the UAE is at a level comparable to other leading financial markets in the world," said Proctor.

"Standard Chartered Bank is focused on becoming the 'World's Best International Employer by Choice'. With some of the country's most comprehensive training schemes in place and a strong partnership with Tanmia and EIBFS, we are confident we can provide candidates with a wide range of career opportunities across our 1,200 branches in 56 countries",