New institution targeted at staff of FGB and subsidiaries to promote Emiratisation in banking sector
Under the patronage of its Chairman HH Sheikh Tahnoon Bin Zayed Al Nahyan, leading financial partner of choice, First Gulf Bank (FGB) officially opened its First Gulf Bank Business School today in Al Bateen, Abu Dhabi. The new entity follows the bank’s efforts to enhance the financial and banking skills of its employees and to push forward Emiratisation initiatives. It is also a step in FGB’s long-term strategy to continuously invest in its employees and their growth and to promote best practices within the banking sector in the UAE.
FGB’s Business School is a professional learning setting that is structured around seven different academies, providing facilities and tailored solutions to meet the current and professional requirements of FGB’s employees. Courses offered are based on functions, such as corporate or retail banking, or competencies, such as leadership and management training schemes. The institution also offers courses and curricula for specialist roles in auditing, risk management, legal, IT, operations and HR. Employees can access specific subjects that are structured around skills particular to their respective roles.
The FGB Business School is also playing its part in delivering FGB’s Emiratisation strategy through its Management Trainee Program for UAE Nationals. This programme which is known as ‘Nujoom’ is tailored to develop future Emirati leaders in the industry and to promote a larger talent group for FGB, and the finance and banking sector in general. The 18-month Emiratisation scheme is one of many key initiatives in place at FGB to build a qualified UAE National workforce and to provide them with the necessary tools to succeed in the sector.
Andre Sayegh, Chief Executive Officer at FGB, commented on the launch saying: “The First Gulf Bank Business School represents a significant move by the bank to raise the standards of performance in the sector in general and in its own establishment specifically. In line with its goal to apply best practices in all it does and offers, this new institution helps set in place the base necessary for FGB to produce the UAE leaders and achievers of tomorrow.”
“Following through with our strategy to invest in our employees, as we believe that they are the main driver for our growth and success, our key aim behind the business school is to provide our team members the know-how they need to develop themselves in their varying roles. People are at the heart of what we do at First Gulf Bank, and that is why we know that by investing in them, we are investing in our growth and future success as a business,” he added.
FGB Business School holds an assessment and accreditation system in order to update and benchmark career improvement. Additionally, it presents a new feature “Campus”, which is an online interactive portal which allows employees to view their learning journey, enables them to register in courses and to take assessments in addition to many other services.