Emirates NBD launches “banker for a day” program for schools
In line with its ongoing commitment to initiate career development programs for the youth, Emirates NBD, a leading bank in the region, announced today the launch of an initiative to provide students about to embark into higher education the chance to be a “banker for a day.”
In line with the program’s criteria, students are nominated by their teachers on the basis of outstanding academic records and posted to an Emirates NBD branch for a day. Those selected are able to experience all aspects of a normal working day at the bank and have the opportunity to participate in the workplace as actual employees.
The day begins with a comprehensive brief in the branch manager’s office, where participants are given an overview of all activities and services carried out by bank staff during the course of the day. The students then spend the rest of the day at various operational positions within the branch, including that of customer service representative, processing specialist, business manager, relationship manager and business centre manager, with the final hour spent in the teller’s booth.
“Emirates NBD recognises the growing importance of our young people to the country’s future, as more than half of the UAE’s citizens are under the age of 18," said Abdulelah Al-Kindy, General Manager Retail Banking, Emirates NBD. “Young people need employment opportunities coupled with quality training in order to contribute to the country’s growth and development.”
The first-of-its kind initiative launched in the region aims to attract more and more schools in the coming months to enroll in its educational program. “Banker for a day” was launched with the long-term view of providing an ongoing community initiative for the country’s youth. The first phase of this program involved 40 students from a total of seven schools in Dubai, including Dubai British School, Winchester School, Cambridge School, Dubai Greenfield Community School, Mizhar High School, American Academy for girls, Dubai Modern High School and Deira International School.
“Banking is a vibrant industry attracting many young people each year as a career of choice,” said Vikram Krishna Head – Group Marketing and Branding, Emirates NBD. “Initiatives like this will inspire our youth and provide them with avenues to develop their career objectives. The design of the program allows students to gain an insight into various disciplines within banking in order to help them make informed decisions about future career paths in the industry.”
The students’ experience does not end at the branch. On completion of the program, participants can submit a description of their experiences on the Emirates NBD’s website and take part in a competition to win cash rewards. The top three winning entries will be announced at an awards ceremony to be attended by the bank’s senior management, parents, academic mentors and branch staff who hosted students during the program.
Mr. Matthew Bentley, Teacher at Dubai British School said: “I would like to take this opportunity to thank Emirates NBD for what was truly an excellent experience for the students. The day was well organised and gave the students a great insight into the life of a banker. They all learnt so much and I hope we can continue with this scheme next year. Thanks again Emirates NBD, you have encouraged some budding entrepreneurs to continue their studies in business, and who knows, one day they may become an employee of yours!”
The program was held across three Emirates NBD branches closest to the schools and included the main Head Office Branch in Baniyas Street, the Jumeirah Branch and the Jebel Ali Branch.
Background Information
Emirates NBD
Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.