The Commercial Bank of Dubai (CBD) is the latest UAE-based bank to become a corporate supporter of the Chartered Institute for Securities & Investment (CISI), demonstrating a commitment to maintaining the high standards of excellence and professionalism upheld by CISI.
This move by the bank demonstrates the increasing need for professionalism in the banking sector.
CBD becomes the fourth UAE-based global bank to publically endorse the aims and objectives of CISI including support of the Institute’s Code of Conduct. It joins other UAE banks Emirates NBD, Mashreq bank and NBAD, showing that financial institutions are increasingly recognizing the importance of ethics and integrity in the workplace.
By endorsing CISI as a corporate supporter, CBD agrees to promote CISI’s values of integrity and trust in the sector. It also gains access to CISI’s suite of globally recognized qualifications and Continuing Professional Development (CPD) scheme, designed to ensure that employees continually maintain standards of compliance and competence.
Matthew Cowan, Regional Director Middle East at the Chartered Institute for Securities & Investment said: “I am pleased that CBD has become one of our corporate supporters, joining their compatriots from UAE and showing increased awareness of the importance of integrity and ethics in the sector that we operate in.”
“Integrity is a key component of professionalism and the events of the past few years show the importance of firms demonstrating their honesty, openness, transparency and fairness. We encourage other banks to become supporters, to take advantage of our qualifications and CPD scheme and to help us raise standards across the industry as a whole,” he added.
Frans Jan Burkens, Deputy General Manager – Personal Banking Group at the Commercial Bank of Dubai said: “CBD is proud to support CISI’s high standards for the industry in terms of professionalism, ethics and trust – values that we at CBD take extremely seriously. We look forward to taking advantage of the qualifications and CPD opportunities available, which are essential to support the career development of our Relationship Managers. We look forward to working closely with CISI to uphold the standards; we are in good company as increasingly Banks are taking the standards more serious which in the end benefit our clients.”