Dubai: A regional leader in banking and finance education and training, Emirates Institute for Banking and Financial Studies (EIBFS) recently honored 61 Emirati Professionals from HSBC for completing the Certified Banking Operation Program (CBO).
Part of the Institute’s Emiratization Drive, the CBO Program sets out competency and practice-oriented development modules covering seven banking practices and specializations.
The 5-week program provides participants with 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. The course discusses operational aspects as well as various technology and regulatory requirements.
EIBFS collaborated with the Hong Kong Institute of Bankers for the International Program which included a mix of e-learning sessions and live classes to support Emiratization initiatives and qualify national cadres to ensure their career growth.
THE GRADUATION CEREMONY
Mr. Jamal Al Jassmi, General Manager of EIBFS, and Mr. Abdulfattah Sharaf, Chief Executive Officer of HSBC UAE and Head of International, HSBC Bank Middle East Limited, handed over the graduation certificates to the trainees at the event organized at the EIBFS Dubai Campus.
Mr. Khaled Mohamed Balama, Governor of the Central Bank of the United Arab Emirates was also present at the event along with other EIBFS board members.
Meanwhile, Mr. Abdulfattah Sharaf observed that, “Energizing 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 program will provide a strong foundation for our graduates and accelerate their integration into the finance and banking world.”
EMIRATES INSTITUTE FOR BANKING AND FINANCIAL STUDIES
Over the years, EIBFS has create its own niche in the region by offering best-in-class training and education programs in the banking and finance industry and have trained around 300,000 banking professionals during the past 38 years.
Last year, EIBFS trained 32,317 professionals, of which 36 percent were Emirati bankers playing an essential role in supporting the UAE’s Emiratization strategy to increase Emirati representation in the workforce.