The Abu Dhabi Human Resources Authority, the Abu Dhabi Global Market Academy and the First Abu Dhabi Bank signed a tripartite cooperation agreement to confirm the strategic cooperation in order to develop an educational platform for banking in the Abu Dhabi Global Market to develop the skills and capabilities of a group of talents and national human resources and prepare them to work in the banking field within the "Bankers Program"
The Abu Dhabi Human Resources Authority, the Abu Dhabi Global Market Academy and the First Abu Dhabi Bank signed a tripartite cooperation agreement to confirm the strategic cooperation in order to develop an educational platform for banking in the Abu Dhabi Global Market to develop the skills and capabilities of a group of talents and national human resources and prepare them to work in the banking field within the "Bankers Program"
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Abu Dhabi, 6 July / WAM: The Abu Dhabi Human Resources Authority, the Abu Dhabi Global Market Academy and the First Abu Dhabi Bank signed a tripartite cooperation agreement to confirm the strategic cooperation in order to develop an educational platform for banking in the Abu Dhabi Global Market to develop the skills and capabilities of a group of talents and national human resources and prepare them to work in the banking field within the "Bankers Program"
The Authority was represented in this common agreement by His Excellency Mohammed Hamad Al Hamli, Acting Director General of the Authority, while the Second Party was represented by the Director General of the Academy, Mr. Hamad Sayah Al Mazrouei, while the Third Party was represented in the agreement by Ms. Noura Al Rayasi, Head of Learning Development, Organizational Development and Emiratisation, on behalf of First Abu Dhabi Bank.
The signing ceremony of agreement during the virtual meeting held between the three entities, was attended by His Excellency Ahmed bin Ali Al Sayegh, Minister of State and Chairman of the Abu Dhabi Global Market, His Excellency Ali Rashid Al Ketbi, Head of the Government Support Department, Mr. Andre Sayegh, CEO of First Abu Dhabi Bank, Mr. Alex Fraser, Executive Chairman of the London Institute of Banking and Finance, Mr. Khalid Al Suwaidi, Chairman of the Board of Directors of the Abu Dhabi Global Market Academy, and a number of officials and executives of the cooperating agencies.
Following the signing of the agreement, His Excellency Ali Rashid Al Ketbi, Head of the Government Support Department stressed the wise leadership’s interest in upgrading the citizen human element, enabling his contribution to the national economy, providing all means of support and harnessing the necessary capabilities and resources. The cooperation through the agreement was to confirm the realization of these aspirations and visions by investing in preparing and developing the national workforce and developing their skills in a qualitative program targeting vital and key jobs in the banking and financial field.
He praised the pioneering role of the Academy in supporting the Authority's strategic goals and achieving the aspirations of citizens looking for sustainable job opportunities. Also, he praised the cooperation of First Abu Dhabi Bank to increase the contribution of Emirati citizens to hold quality and specialized jobs in this important sector.
His Excellency Mohammed Hamad Al Hamli, Acting Director-General of the Human Resources Authority, said, “The Authority is proud of its strategic partnership with the Abu Dhabi Global Market Academy and First Abu Dhabi Bank in the Bankers Program aiming to exchange experiences, ideas and best practices in order to support the Emiratisation programs and focus on developing specialized human capital, discussing new areas of common cooperation and developing the integrated partnership between the public and private sectors in the business, financial and banking services sectors. Where the Authority supervises the selection and appointment of national cadres at First Abu Dhabi Bank and facilitating this by providing the bank with a group of job seekers to be trained in specialized programs managed by the Abu Dhabi Global Market Academy as it is the strategic partner of the Authority to promote the position of the Emirate of Abu Dhabi as an international financial center.
The cooperating parties will work to introduce the "bankers" program in support of the government's requirements in sensitive job categories as defined by the Central Bank of the United Arab Emirates and in line with the requirements of recruitment and management of talent at First Abu Dhabi Bank, and to hold National Development Programs (NDP) to train and appoint new graduates in the banking and financial field, and to implement additional training and development programs to achieve and raise their competencies to meet the needs of the concerned sector. Graduates who successfully pass the programs will be selected to be appointed in their institutions through well-established assessment centers. While the “bankers” program will be designed and presented in cooperation with the London Institute of Banking and Finance, one of Abu Dhabi Global Market Academy Partners.
Mr. Hamad Sayah Al Mazrouei, Director General of the Abu Dhabi Global Market Academy said: “We are pleased to conclude this strategic cooperation and launch the Bankers Program within the National Development Program, which comes within the framework of the efforts of the Abu Dhabi Global Market Academy and Abu Dhabi Global Market in general to contribute to the development of national talent in all fields and focus on financial services sector. Through this program which we offer in cooperation with the London Institute of Banking and Finance, the participants will be provided with specialized knowledge in the field of banking and financial services, in addition to practical training that will qualify them to join the labor market in Abu Dhabi.
He also said that the participants will obtain a specialized certificate in the field of risk management, compliance and banking services in the field of investment or companies, in addition to the qualification they will obtain in the field of banking and financial services. In this regard, Mr. Andre Sayegh, Group CEO of First Abu Dhabi Bank, said: "We are pleased to be part of this cooperation that brings us with the Human Resources Authority and the Abu Dhabi Global Market Academy in this initiative, which we believe in its essential role in making a qualitative leap in the field of banking education, and establishing a financial work system that supports the development aspirations of the Emirate,” and affirming the commitment to support the Abu Dhabi Economic Vision 2030, which represents the roadmap towards promoting economic growth in the Emirate.
This partnership is one of the initiatives of the Human Resources Authority to meet the increasing demand for jobs in various economic sectors. Whereas the financial management, auditing and accounting have become a pillar of the knowledge-based economy, and one of the most important initiatives in support of the Abu Dhabi Development Accelerators Program “Ghadan 21” in providing new jobs for citizens and supporting the Authority’s plans to establish various partnerships with all sectors of the state and its private institutions in order to improve the quality of services provided to the beneficiary groups, and to achieve the vision of the Emirate of Abu Dhabi in the need to enhance the integration between all government and private agencies to better serve citizens.
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