The National Human Resources Development and Employment Authority (Tanmia) and Mashreqbank have signed a Memorandum of Understanding (MoU) to train 80 UAE Nationals in banking and finance and provide them with employment opportunities at the bank. The MoU was signed by Marwan Al Sawaleh, Assistant Director General, Tanmia and Salem Al Zubaidi, Head of Human Resources Division, Mashreqbank at the Careers UAE 2005 exhibition being held at Dubai World Trade Centre.
Mashreqbank will provide intensive three-month on the job training, using the expertise of in-house trainers and banking professionals. At the end of the course, candidates will fill vacancies in various units of the bank.
“We have been committed to provide the best employment options to the UAE Nationals in various sectors, especially in banking and finance. By partnering with a leading bank like Mashreqbank, UAE Nationals have a good opportunity to obtain the highest level of training in these fields and enhance their chances of working with the bank,” said Mr. Al Sawaleh. “This MoU is a further boost to the Emiratisation drive in the UAE, and over the coming months we will form more strategic alliances to maximise job opportunities for Nationals.”
“We believe training holds the key to inducting Nationals into the workforce and therefore appreciate the commitment displayed by Mashreqbank in creating this training platform for Nationals,” added Mr. Al Sawaleh.
“We are delighted to be working with Tanmia in this joint programme to support the country’s Emiratisation drive. It will compliment Mashreqbank’s various other initiatives to increase the number and percentage of UAE Nationals working with the bank,” said Salem Al Zubaidi.
“Mashreqbank has highly developed banking processes with more ISO quality certifications than any other bank in the region by a wide margin, so our trainees learn the best practices the industry has to offer,” said Al Zubaidi. “The experience these trainees will gain will be invaluable both to them personally as well as to the human resources of the Emirates. This is a clear example of how the private sector can team up with the government in order to generate employment opportunities for fresh UAE Nationals.”
Under the agreement Mashreqbank will induct batches of high school leavers and diploma holders into the banking environment. Trainees will initially be put through four to six weeks intensive class room training followed by a month-long familiarization period, including exposure to various on the job requirements in the bank’s different divisions. After successfully completing the induction period the trainees will be placed in customer contact or processing oriented jobs according to their particular strengths at Mashreqbank branches in Dubai and Sharjah.
Mashreqbank also runs a fast-track Mashreq Al Mustaqbal programme to groom college graduates for managerial positions as well as Core Time, an opportunity for college students to continue their higher studies at the same time as working part time for the bank.
Tanmia, the National Human Resource Development & Employment Authority in the UAE, was established by a Presidential decree in November 1999, to address the imbalance in the labour market, due to excessive dependence on expatriate workforce. Tanmia is engaged in a coordinating role, between national job seekers and employers in the private and government sectors, to facilitate increased entry of nationals in the labour market. The responsibilities that rest with the Authority are: to set up the overall policy of the Authority and supervise its implementation, conduct sustained operational and administrative labour market studies and analysis, provide career counseling and guidance to the national work force, follow-up and evaluate employment of nationals in public and private sectors, support small investment enterprises through the establishment of self-employment projects for national human resources and develop programmes for training and qualifying nationals seeking employment, in conformity with the labour market needs.
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