Central Bank of the UAE Participates in Tawdheef 2018

As a Strategic Partner

Abu Dhabi, UAE – 31st of January 2018:   Central Bank of the UAE is participating as a strategic partner in the Tawdheef Annual Career Fair currently taking place in ADNEC between the 29th and 31st of January. The Banks’ participation comes in line with the UAE Governments’ strategy to develop human capital and enhance Emiratization ratios in the banking sector. Central Bank also aims to build capabilities and develop leadership in the sector through selective Emiratization and to attract talented nationals to work at local and international banks and financial institutions. 

During its participation, Central Bank is announcing over 100 job opportunities across several departments in both specialized and administrative roles.
H.E Mubarak Rashid Al Mansoori, Governor of the Central Bank of the UAE said “The Central Bank puts great emphasis on Emiratization. We believe national capabilities and developing skills are what will help us achieve our ambitious goals. And therefore, the Central Bank has developed a competitive fresh graduate program aimed at attracting talented and promising national graduates from the best universities. This program will be launched soon and is designed to attract and develop top Emiratis through an integrated rotational approach to accelerate their career paths. The Central Bank also offers annual training programs that aim to build competencies, particularly in specialized fields.” 

The Central Bank also implemented specialized training accelerators (boosters) which include internal and external training programs aligned to new systems in the banking sector as well as the international standards that will be applied within priority initiatives such as Basel 3, Islamic Financial Services and others. 

On a sector level, The Central Bank developed an Emiratization strategy that has been approved by the Cabinet and is currently being implemented in the banking sector starting January 2018. The new regulation is expected to raise highly skilled Emiratization rates within the sector. The Central Bank is currently working in coordination with the Emirates Institute of Banking & Financial Studies to develop policies and programs which would greatly assist in providing the banking sector with qualified nationals.