Abu Dhabi Global Market Wins Top International Accreditation
Abu Dhabi Global Market (ADGM), the International Financial Centre of Abu Dhabi, has been awarded accreditation by the internationally-recognised “Investors in People” Standard for its commitment to high performance through excellence in people management.
Investors in People is the international standard for people management, defining what it takes to lead, support and manage people effectively to achieve sustainable results.
Underpinning the Standard is the Investors in People framework, reflecting the latest workplace trends, essential skills and effective structures required to outperform in any industry. It enables organisations to benchmark its working model against the best in the business on an international scale, said a statement.
It is the first such recognition achieved by a financial centre and regulatory organisation in the Middle East region, it said.
ADGM, comprising three independent authorities: the Registration Authority, the Financial Services Regulatory Authority and ADGM Courts, is established to support the acceleration of Abu Dhabi’s economic vision of providing a well-diversified, sustainable economy. It enables registered local and international companies and entities to operate efficiently and confidentially within an internationally-recognised regulatory framework that has its own independent judicial system and legislative infrastructure based on the Common Law, it added.
Paul Devoy, head of Investors in People, said: “We would like to congratulate the human resources department of Abu Dhabi Global Market.”
“The accreditation is a clear indication of a great employer, an outperforming place to work and a clear commitment to success. ADGM should be extremely proud of their achievement,” he added.
Hamad Sayah Al Mazrouei, human resources director of ADGM, said: “We are honoured to be the first international financial centre and regulatory organisation in the region (Middle East) to be endorsed with the accreditation.”
“The award cited that ADGM has punched above its weight and exceeded international industry standards with its efforts and practice to maintain a high-performance workforce,” he said.
“We will continue to lead and introduce innovative measures that harness the talent of our people to deliver greater business results for the long term. In addition, to foster a culture of excellence and appreciation that motivates our human capital to sustain great performance in a conducive environment,” he added.
Source: Trade Arabia
Abu Dhabi Global Market
Abu Dhabi Global Market is a broad-based international financial centre for local, regional and international institutions, established in accordance with the Federal Law No (8) of 2004, Federal Decree No (15) of 2013, Cabinet Resolution No (4) of 2013, and Abu Dhabi Law No (4) of 2013.
ADGM’s three independent authorities – the Registration Authority, the Financial Services Regulatory Authority (FSRA) and ADGM Courts – ensure that our business-friendly environment operates in line with international best practice that are recognised by major financial centres across the world.
In collaboration with other International Financial Centres, global institutions and regulators, Abu Dhabi Global Market develops and supports member institutions with the regulatory framework, legal jurisdiction and attractive business environment they need for sustainable business growth.