Emirates Institute for Banking and Financial Studies (EIBFS) has hosted a graduation ceremony to award 61 Emirati professionals from HSBC for completing the Certified Banking Operation Programme (CBO), part of the institute’s Emiratisation drive.
The Certified Banking Operation Programme sets out competency and practice-oriented development modules covering seven banking practices and specialisations.
Over the five-week programme, the participants were given an in-depth understanding of various banking areas such as risk management, business ethics and quality management, banking law in UAE and banking theories and practices. Moreover, the course also covered operational aspects as well as various technology and regulatory requirements.
The International programme was delivered in collaboration with the Hong Kong Institute of Bankers through a mix of e-learning sessions and live classes to support Emiratisation initiatives and qualify national cadres to ensure their career growth.
Jamal Al Jassmi, General Manager of EIBFS, and Abdulfattah Sharaf, Chief Executive Officer of HSBC UAE and Head of International, HSBC Bank Middle East Limited, both handed out the certificates to the trainees at a graduation ceremony that was held at the EIBFS Dubai campus.
The event was attended by EIBFS board of directors chaired by Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates.
Al Jassmi commented, “At EIBFS, we are committed to accelerating the UAE government’s Emiratisation efforts through offering a well-rounded experience to our trainees and executing a competency driven qualifications for the various jobs in the banking sector to support UAE nationals in skilling, upskilling and reskilling them in various banking domains and assist the banks to reach their annual recruitment and training targets. We are proud of all they have achieved so far and wish them all the best for all their future endeavours in the banking sector.”
For his part, Sharaf said, “Energising for growth is one of the four pillars of our global strategy, and it encourages an inclusive culture that fosters diversity and provides opportunities for development to all. Investing in our local talent to help develop future skills that enhance competitiveness in the industry is particularly close to my heart. The EIBFS programme will provide a strong foundation for our graduates and accelerate their integration into the finance and banking world.”
Over the years, EIBFS has managed to carve a niche for itself in the region by providing best-in-class training and education programmes in the banking and finance industry and have trained around 300,000 banking professionals during the past 38 years. In 2021, the institute trained 32,317 professionals, of which 36 percent were Emirati bankers playing an essential role in supporting the UAE’s Emiratisation strategy to increase Emirati representation in the workforce.
Source: Emirates News Agency