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first gulf bank employees graduate from mawarid

Published March 13th, 2007 - 02:31 GMT
Al Bawaba
Al Bawaba

A group of 26 UAE national employees of First Gulf Bank (FGB) – one of the UAE’s leading financial institutions – has graduated from the Mawarid Induction Programme held recently at the Emirates Institute for Banking and Financial Studies (EIBFS).

The 26 UAE nationals have completed a two-month course, including periodic assessments and progress tracking, which is tailor-made to cover the fundamental principles of banking operations while also addressing current trends and new banking sector developments.

“Mawarid is part of the FGB’s national development initiatives aimed at enhancing skills and talent within the bank,” said Andre Sayegh, FGB’s CEO

Subjects covered in the Mawarid programme ranged from English for banking, basic banking operations, UAE law as well as an introduction to trade finance and foreign exchange.

“This induction has given our employees the key competencies required to pursue a successful banking career,” explained Sayegh. “It has helped them understand and appreciate the concepts of the banking industry and created a strong foundation on which they can build their professionalism ensuring they make a difference to the industry and the clients they serve.”

FGB is driving its emiratisation initiative with its annual Ibdaa programme, jointly with the UAE Academy, which focuses on bachelor degree holders. Under the programme students undergo an extensive banking course which is followed by an interview process and job offer on selection.
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“We are actively working with universities, the UAE Academy and the Higher Colleges to recruit the best talent,” said Sayegh. “Investment in the training of young nationals is investing in the future.”