Abu Dhabi Islamic Bank demonstrates firm intent on developing the UAE workforce
As part of its strategy to nurture the Islamic Finance Industry in both the United Arab Emirates and the region, Abu Dhabi Islamic Bank (ADIB) announced that it has enrolled 150 fresh graduates in an eight-months training programme. The tailor-made programme aims to advance the Islamic Finance Industry by developing the UAE workforce through specialized training.
Mr. Tirad Mahmoud, ADIB’s Chief Executive Officer (CEO), stated: “The programme we’ve developed alongside our partner CERT will arm our newest recruits with all the necessary tools required for them to become fully competent Islamic Finance professionals.” He added: “Our Emiratization strategy mandates that we provide the optimum career advancement and training opportunities and this initiative is one of many ways we hope to achieve that vision.”
The extended programme intends to develop the fresh graduates in the areas of banking and Islamic finance, business environment, personal skills and individual target jobs. Upon successful completion, the training would have offered one a solid foundation for becoming a dynamic member of the burgeoning Islamic Finance sector.
Mr. Waheeb AlKhazraji, ADIB's Human Resources Manager, stated: “CERT has tailor made this programme to suit ADIB’s objectives and it will comprise of basic business, IT skills and English language down to the more specialized knowledge of Islamic finance and essential skills necessary for banking.” Mr. Al Khazraji continued: “The last phase of the programme includes two months of practical coaching where the trainees are supervised and guided by expert bankers to conduct and manage simulation exercises mirroring various tasks they could be facing in their workplace in the future.”
ADIB will be participating in the ‘Tawtheef/Career Fair’ tomorrow at Abu Dhabi National Exhibition Centre (ADNEC). Visit the ADIB stand between February 3-5 and explore the career advancement opportunities which ADIB has to offer the UAE workforce.
Abu Dhabi Islamic Bank (ADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Amiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, on 18th April 1999. The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari'a principles. ADIB commenced its operations with a paid-up capital of AED 1 Billion, where the founding shareholders include Members of the Ruling Family, The Abu Dhabi Investment Authority and Prominent UAE.
ADIB's mission is to become the premier universal Islamic financial institution, operating in accordance with Shari'a principles, by focusing on customer needs, offering innovative products and services, motivating their employees, while maximizing investors and shareholders' returns. ADIB aims to develop a corporate culture that revolves around satisfying customers' needs and to provide them with quality, cost-effective and Shari'a compliant financial services.
ADIB prides itself on its values which reflect the Bank’s commitment to the Islamic Shari’a, and are thus the guidelines of the Bank’s practices to adhere to the principles of Islam. ADIB’s value structure consists of Transparency, Quality, Innovation, Professionalism, Social Responsibility and Empowering Its Staff.