GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Course Witnesses Participation of 160 Professionals from Union National Bank and RAKBANK 

Dubai-UAE: 17 July, 2017:  The Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, witnessed the graduation of the first batch of participants of its banking insurance training program. The 160 outgoing students included 85 employees of Union National Bank and 75 employees of RAKBANK.

The specialized insurance training program focuses on bancassurance, or insurance in financial services, and aligns with the federal government's goals to enhance the qualifications of UAE nationals and improve productivity in the insurance sector.

Bancassurance enables insurance companies to use the bank's channels to sell their products. EIBFS' program covers topics such as bank insurance models (BIM) and products, savings and investment products, retirement plans, customer best practices, and ethical considerations for financial advisors, and it awards graduates with a certificate in Banking Insurance.

Jamal Al Jassmi, General Manager of EIBFS, said: “The program reiterates our commitment to the vision of our wise leadership in developing UAE nationals and encouraging professional capacity building in fields such as banking and insurance. At EIBFS, we are continuously growing and attracting more participants owing to the diversity of our training programs, our educational workshops, and our partnerships with reputed global academic institutions.”

Deepak Ahuja, RAKBANK's Director of Wealth Management, Mortgages and Bancassurance, said: “RAKBANK is committed to ensuring the sustained career growth and development of its employees across all the bank's business lines. We are delighted to collaborate with the Emirates Institute for Banking and Financial Studies (EIBFS) through tailor-made training courses that will further enhance the skills and capabilities of our Sales team in the Bancassurance unit. We always encourage our employees to participate in world class training programs, such as the EIBFS training courses, because we believe that the success of the organization relies on the accomplishments of the individuals who flourish within it.”

Mr. Ali Khaled Al Hashimi, Senior Vice President and head of human resources and organization development from Union National Bank, said: “We are among the first banks in the UAE to have its entire banking insurance team certified by the EIBFS. The program received great interest from our participants and successfully concluded with their graduation.”

He added: “In line with our strategic vision to encourage professional development and build team capacities, we have utilized this program to enable employees to gain comprehensive knowledge on all financial asset classes and markets as well as an in-depth understanding of the insurance sector.”



Posted by : GoDubai Editorial Team
Viewed 11035 times
Posted on : Monday, July 17, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : September sizzles at ESMOD Dubai with new courses
Next Story : Dubai Customs' nursery and Daycare graduates 22 children
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
100% Vegan New… Body Yogurts 15 Seconds to Glowing Healthy-looking Skin Spoon It on
Therése Neaimé- Sold to perfection
Linda Paradis brings non-invasive ink removal to Dubai
Timeless Ties
Sony's PXW-Z280, World's first 4K 3-chip Camcorder with new 1/2-type Exmor R CMO...
IKEA announces latest INDUSTRIELL and HJÄRTELIG Collections
Martin Hoping for Amstel Gold as Irishman Leads Team to Ardennes Classics
HP's New High-Performance Workstations Push Creative and Technical Workflows to ...
Tommy Hilfiger's SS2018 men's and women's watch collection
COLAB - Dry Shampoo
Boss watches presents the Ocean Edition
The Chronofighter Grand Vintage by Graham is exactly as big as it appears in the...
Accessories Collection 2018 Gentleman Attitude
Al-futtaim Names Its New Dubai Lifestyle Mall – ‘Festival Plaza'
ORANGE & BERGAMOT Awaken the Cult Icon New Additions
Skyline Mega Fitness Challenge Sparked Positivity and Happiness
MG Motor and Al Yousuf Motors Open New Dubai Showroom
FOREO delivers the ultimate festival survival kit for a glow-on-the-go.
Latifa bint Mohammed visits PCFC's stand at DIGAE, hails state-of-art initiatives
Summertime Beauty Picks at Glambeaute.com
Samsung launches Exciting Smartphone Trade-In Program with Galaxy S9 or S9+
Sony unleashes refined creativity with the new FS5 II
Get the best bargains at Dragon Mart's End of Season Clearance Market
Enhance skin radiance, smoothness and brightness in just 14 days, with the new J...
Dubai-based Al Kasir Group launches three Crypto assets backed by diamonds
Skyline University College Economics Day 2018: One Step towards Tomorrow
A Royal Ramadan Experience by Master Chef Mama in Pullman Dubai Creek City Centre
Indie Film ‘Selfie' Premieres in Dubai
New Blow Out Bar and Make-Up Studio SWISH by Immaclife Opens in Abu Dhabi in Apr...
ETIHAD AIRWAYS BOOSTS SERVICES TO MOROCCO
Rolling Cones, a new luxury ice cream concept, launches at the Hyatt Regency Dub...
Get Vibrant and lively hair with Rahua's new Color Full Range
Finnair to offer a hand baggage only ticket type on selected North Atlantic routes
HONEYWELL TO INSPIRE NEXT GENERATION OF PROGRAMMERS AND SCIENTISTS AT THINK SCIE...
Abu Dhabi Ship Building Company Launches Two 64-Meter Landing Ships for the Kuwa...
Filorga Mesotherapist Derma Roller
Dubai Sports Council Pavilion a big hit at Bangkok SportAccord
Ferrari World Abu Dhabi Takes Home MENALAC 2018 Best Theme Park Award
Penny Scallan Design Launches in the Middle East
New XE 300 Sport Edition Wins Gripping Ice Race
10 Kg gold for 100 winners at Malabar Gold & Diamonds
Olivia Burton Marble Florals - Embrace these styles for a new artistic way to wo...
Mumzworld Announce Recruitment Drive To Empower Women in the Middle East
Sheikh Sultan bin Ahmed Al Qasimi Leads Sharjah Contingent to Kuwait Arab Media Forum
Genesis G70 Luxury Sedan Arrives in Middle East
Qualcomm Unveils the Vision Intelligence Platform Purpose-built for IoT Devices ...
Lingual Orthodontic Treatment now a reality at Al Mariffa Medical Center
Munich Airport reports record net annual profit of €155 million for 2017
Understanding what women want Balmain reveals the Madrigal Mini II
Salem Ahmad Almoosa Enterprises to recognize talent and skills of young Quran me...