Abu Dhabi: The National Bank of Abu Dhabi (NBAD) has signed a Memorandum of Understanding (MoU) with Higher Colleges of Technology (HCT) to jointly develop training programmes and cooperate on recruitment, sponsorships and job training.
This marks NBAD’s fifth partnership with a university this year to support the Bank’s objectives to strengthen UAE’s academic institutions. The agreement was signed by Sultan Karmostaji, Associate Provost for Student Affairs at HCT and Suaad Al Shammari, the Head of Emiratization at NBAD.
Under the MoU between NBAD and HCT, the Bank would provide career guidance to the Higher Colleges’ graduates. NBAD would also provide tutorial, seminar expertise and lecturing to Higher Colleges of Technology. Furthermore, the two partners would develop joint venture training programmes.
Dr Tayeb Kamali, Vice Chancellor of the Higher Colleges of Technology said the agreement with NBAD will help to prepare HCT’s Emirati graduates for in-demand banking careers in an increasingly globalized economy.
“This partnership with NBAD will result in developing our graduates with the knowledge, skills and confidence to contribute effectively to the nation and its growing economy and to reach their full potential,” Dr Kamali said.
“This agreement reflects the Bank’s commitment to the development of a promising generation of UAE Nationals with relevant and highly sought-after banking skills and it will give students an unparalleled advantage in the workplace,” he added.
“We are very pleased to collaborate with NBAD in taking proactive steps towards employing and training young Emiratis, and we will give the Bank all necessary assistance to achieve their Emiratization goals,” Dr Kamali concluded.
The partnership would offer HCT students and graduates the chance to combine academics with practical knowledge as well boost NBAD employees’ skills.
“NBAD endeavours to be a global player in banking be recognised the World’s Best Arab Bank. One way to achieve this vision is by investing in human resource development and to train tomorrow’s business leaders,” says Suaad Al Shammari, the Head of Emiratization at NBAD.
She added: “Academic institutions play a vital role in developing human resources and equipping them with the knowledge and skills to succeed in an ever-changing market. With the help of our partners we will be able not only to draw the best talents to our organisation but also to expand career development programmes for students and graduates.” NBAD is a founding member of Higher Colleges of Technology Foundation’s 100-club and funded two Deans in Banking and Finance based at HCT’s Abu Dhabi Women’s College and Al Ain Men’s College.
The bank has been consistently recognised and honoured for programmes that are instrumental in the training of its employees and the recruitment and development of talented UAE nationals.
NBAD has a number of partnerships with governmental and non-governmental agencies to advance Emiratisation goals. The Bank launched the Derasatee Programme with Abu Dhabi Tawteen Council (ADTC) and Emirates Institute for Banking and Financial Studies (EIBFS) to hire and train UAE national job seekers. The Bank also works closely with the National Human Resource Development and Employment Authority (TANMIA).
The bank also runs its own prestigious training and educational programmes to enhance its Emiratisation strategies and the state-of-the-art NBAD Academies in Abu Dhabi and Dubai strengthens NBAD’s Emiratisation and learning culture.