H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council presents the award to Michael H. Tomalin, the Group Chief Executive of NBAD
The National Bank of Abu Dhabi's (NBAD) Group Chief Executive, Michael H. Tomalin, has won the Best Emiratisation CEO Award in Banking Sector from Emirates Institute for Banking and Financial Studies (EIBFS).
H.H. Dr. Sheikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, presented the Award to Mr. Tomalin at the 14th National Career Exhibition for the Banking and Financial Sector at Expo Centre Sharjah.
This is the second time Mr. Tomalin has won this award – EIBFS awarded it to the NBAD Group Chief Executive in 2010 – and it confirms NBAD commitment to boost the national goal of Emiratisation, and to develop the UAE human resources by giving every UAE national the chance to gain the skills necessary to move into management and executive positions.
The Best Emiratisation CEO Award recognises CEOs who demonstrated leadership and insight over the last three years in order to guide their organisations to a new level of integration, growth and recognition for UAE employees.
“I am honoured to win this accolade, which reflects NBAD’s strategy to attract, retain, and continuously develop the skills of UAE nationals,” Mr. Tomalin said. “Sheikh Zayed’s aim for the National Bank of Abu Dhabi was that this institution serves ‘Abu Dhabi and its friends.’ One essential element of this ideal is to develop the nation’s talent. This is why at NBAD Emiratisation is a central strategy.”
Mr. Tomalin added: “NBAD’s Emiratisation strategy goes beyond recruiting UAE nationals, we are committed to ensuring sustainability of the UAE economy by developing tomorrow’s leaders by expanding UAE nationals’ skills.”
The National Bank of Abu Dhabi, the Number One Bank in the UAE, proactively searches and hires high potential UAE nationals and further develops their skills through several effective Emiratisation programmes.
These programmes have allowed NBAD to recruit hundreds of accomplished and high potential UAE nationals every year and the Bank increased Emiratisation to 39% from 36% in 2009 and 30% in 2008. Emiratisation at senior management level reached 50%.
“Our Emiratisation efforts are based on long term plans to recruit qualified UAE nationals and develop their skills to become leading professionals in the banking and finance industry, hence, contribute positively to the welfare and development of the country,” said Ehab Anis Hassan, the Group Chief Human Resources Officer of NBAD.
NBAD’s Emiratisation programmes include AFAQ Management trainee programme, under which NBAD sponsors a Master of Science in Finance, Tomouh, which sponsors Emiratis pursuing education abroad, and the Al Bedaya programme, which trains high school graduates and allows them to earn associate degree in banking and finance from Higher Colleges of Technology. Moreover, NBAD sponsors enrolled university students by paying a monthly allowance, offers them internship and guaranteed recruitment upon graduation.
The Bank also offers UAE national staff the Al Sadara programme where they can earn a professional Diploma in Banking and Finance and gain work experience simultaneously. As well, NBAD enrolls consumer banking staff (both UAE Nationals and Expatriates) into Al Manara, a branch management and operations training programme that focuses on key roles within the Consumer Banking Group.
To underline NBAD’s commitment to be a leading organisation, NBAD operates two state-of-the-art Academies, strategically-located in Abu Dhabi and another in the Dubai/Sharjah border to serve the Northern Emirates.
Mr. Tomalin won CEO Lifetime Achievement Award from Banker Middle East and the CEO of the Year in the Middle from Global Investor Magazine in 2011.
Mr. Tomalin joined NBAD as its Group Chief Executive in 1999. Trained as an Investment Manager at N.M Rothschild in London, he broadened into General Management at Barclays culminating in his appointment as Chief Executive of Barclays Global Private Banking in 1992.