Emirates Institute for Banking and Financial Studies Welcomes 250 Applicants to Annual Career Fair

Tuesday 22 March 2016

Dubai - MENA Herald: Hosting 22 local, regional and international banks, Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, welcomed 250 potential candidates to the institute’s annual Career Fair.

The EIBFS Career Fair seeks to connect the UAE’s top candidates with the region’s most prominent banks. The participating banks at the EIBFS Career Fair 2016 aimed to recruit both fresh and experienced talent from the junior to mid-management level across a range of departments - from retail, commercial, private and corporate banking to a variety of operational roles in wealth and commercial management, compliance, branch operations and customer service.

Commenting on the Career Fair, Jamal Al Jassmi, General Manager, EIBFS, said: “Our annual Career Fair serves as a platform to connect experienced as well as newly graduated candidates with potential employers. With the objective of supporting the banking and financial community, we host several networking events that help bankers and HR representatives engage with qualified talent from the UAE and wider region.”

Towards achieving specific mandates to recruit qualified UAE nationals, several participating banks encouraged graduates to enrol in their Emiratisation programmes, scholarships and training initiatives. Some offered leadership development and graduation programmes to shape holistic competencies in graduates, while familiarising potential trainees with several theoretical and hands-on aspects of working in the banking sector.

Sultan Khalifa Al Ali, Head of Emiratisation at RAKBANK, said: “In line with the Bank’s Emiratisation strategy, we have a solid commitment to nurture the careers of local talent. Through the Bank’s recently launched Management Associate Programme ‘IRTIQA’ UAE’s top fresh graduates are trained for mid-management bank operational roles. We are planning to hire 120 UAE nationals this year, and this is achieved through participating in career fairs hosted across the Emirates. The EIBFS career fair is one of the Bank’s stepping stones to meet and greet viable candidates for ‘IRTIQA’.”
Other participating banks at the annual career exhibition included Central Bank of UAE, HSBC Middle East, Standard Chartered, Emirates NBD, National Bank of Abu Dhabi and Abu Dhabi Islamic Bank.

Noting the current industry demands and trends, HR representatives at the fair reassured participants that hiring rates would remain consistent when compared with 2015 levels and continue at the same pace.

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