Mashreq, one of the UAE's leading Financial Institutions has signed an agreement with Higher Colleges of Technology (HCT) to become one of the founding members of the HCT Foundation's HCT 100 corporate group. With this agreement, Mashreq sponsors a Professor in Banking and to provide HCT students with opportunities to develop skills and careers in the growing UAE banking sector.
The agreement was signed by Dr Tayeb Kamali HCT Vice Chancellor and Douglas Beckett, Head of Retail Banking Group, Mashreq.
During its 3 year sponsorship, Mashreq will offer specialized seminars and training programs in banking to HCT students it will also offer various internship programs and arrange for field visits to the bank's various operations.
Dr. Tayeb Kamali, HCT Vice Chancellor said: "Mashreq's involvement will play an important role in enhancing the HCT Foundation and its practices. This partnership signifies the bank's commitment to the Education sector and investment in developing a promising generation of UAE Nationals with relevant and highly sought-after banking skills."
In line with its recruitment strategy, to offer exceptional career opportunities to UAE Nationals, Mashreq has diverse employment programs that compliment this commitment. For instance, Mashreq Al Mustaqbal program is a three-year graduate development program for fresh college graduates; its Al Forsa Program is an internship program which offers students the opportunity to gain on-the-job work experience while continuing with their studies.
Douglas Beckett, Head of Retail Banking Group, Mashreq said, "As a UAE National organization, we continuously support initiatives directed to develop young Emiratis. At Mashreq, we believe that supporting education is the best way to demonstrate our commitment to the communities in which we operate. This partnership with HCT also highlights Mashreq's commitment towards Emiratization in the banking sector by insuring we encourage a fresh talent pool of new graduate to consider Mashreq as a careers choice when they graduate.
Mashreq's Professor in Banking will work with other deans, chairs and faculty from across the HCT campuses. In addition, the chair will promote best practices, monitor and improve academic standards, evaluate student performance and facilitate faculty development.
In 2007, as part of its 20th anniversary initiative, the Higher Colleges of Technology established the HCT Foundation with a mandate to provide partnership opportunities for both the corporate and government sectors. The Foundation has a number of organizations contributing significantly to its 100-Club.