Tuesday, 19 October 2021 09:17 GMT

Emirates NBD launches new “Ruwad” graduate program in response to “NAFIS” to propel talented, young Emiratis into leadership roles


(MENAFN- Mid-East.Info) Dubai, UAE: Emirates NBD Group, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region has launched a new and exclusive graduate program called“Ruwad.” It is the largest investment the bank has ever made in a single talent management program. It is also the first of many initiatives to be introduced in response to the government's federal NAFIS program, announced as part of the UAE's“Projects of the 50”.

Ruwad aims to attract and develop the UAE's best and brightest. The 24-month program includes on-the-job learning and skill development through participation in high-profile projects especially in emerging areas like big data, digital channels and agile management. Ruwad participants will complete secondments in major partner organizations and across Emirates NBD's international subsidiaries. Classroom training will be provided by the world's best universities too.

After completing the program, each Ruwad graduate will be accelerated into a leadership position, based on their career ambitions to directly build the bank's leadership pipeline. It also means Emirates NBD is searching for a broad range of graduates to participate in Ruwad and it is not limited to traditional banking and finance graduates. Opportunities are available for digital marketers, technology and data enthusiasts, and creative thinkers.

Ruwad is targeting 50 percent female participation, in line with its gender diversity targets. Emirates NBD already has strong female Emirati representation with Emirati women currently making up 77 percent of its UAE national workforce and 35 percent of its senior leadership.

“We are extremely pleased to support the UAE government's NAFIS initiative by launching our exclusive Ruwad program. Every Ruwad graduate will be prepared for senior roles in the bank and equipped with critical skills and knowledge, especially in emerging areas like artificial intelligence and agile as two examples. In doing so, this will further strengthen our leadership pipeline and competitive digital edge. This is just the start of our new, invigorated Emirati training, talent and retention strategy,” said Eman Abdulrazzaq, Group Chief Human Resources Officer, Emirates NBD.

“Our ambition is for every Emirati graduate and experienced professional to see us as an employer of choice and attract more UAE Nationals from the public sector. To also achieve this, we will shortly launch“Bedaya” as our second graduate program for hundreds more Emiratis each year. We are investing heavily in upskilling and reskilling, especially with a new School of Data Sciences to equip our workforce with the digital capabilities reshaping our industry. Aligned with what millennials want from work and as a market-differentiator, we will also shortly offer new flexible and remote work opportunities too.”

The first Ruwad graduates will join Emirates NBD in October with a second group commencing in January 2022. Any Emirati who is interested in joining Ruwad or Emirates NBD's other graduate opportunities can do so via the bank's careers website.

About Emirates NBD :

Emirates NBD (DFM: Emirates NBD) is a leading Banking Group in the MENAT region. As at 30th June 2021, total assets were AED 694 Billion, (equivalent to approx. USD 187 Billion). The acquisition of DenizBank represents a significant milestone for Emirates NBD with the Group expanding its presence to 13 countries, servicing over 14 million customers. The Group is ranked among the top 20 in the Forbes' list of the World's Best Regarded Companies, securing a leading spot among global brands. 

The Group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry with 94% of all financial transactions and requests conducted outside of its branches. The Group announced the creation of E20., a digital business bank for entrepreneurs and SMEs while Liv., the lifestyle digital bank for millennials continued to be the fastest growing retail proposition in the UAE. Emirates NBD was named 'Best Bank in the Middle East' and 'UAE's Best Bank' in 2021 for a seventh consecutive year by Euromoney. In addition, Emirates NBD received the 'Excellence in Leadership in the Middle East' award, introduced in 2020 in light of the Covid-19 impact, as a recognition of its efforts in responding to the Covid-19 crisis. Emirates NBD ranked 5th in Forbes' Top 100 companies in the Middle East for 2021. The Bank is ranked 87th in The Banker's list of the World's Top 1,000 Banks.  Emirates NBD was named 'Bank of the Year – UAE 2020' for the sixth year and 'Bank of the Year – Middle East 2020' for the third time by The Banker. In addition, Emirates NBD has been assessed as the 'Strongest Bank in the UAE' and 'Fifth Strongest Bank in the Middle East' by The Asian Banker 500 Largest and Strongest Banks Rankings.

The Group has operations in the UAE, Egypt, India, Turkey, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 905 branches and 4,044 ATMs / SDMs. The Group has a large social media following, being the only bank in the Middle East ranked among the top 20 in the 'Power 100 Social Media Rankings', compiled by The Financial Brand for 2019. Emirates NBD is a major player in the UAE corporate segment and has strong Islamic banking, investment banking, private banking, asset management, global markets & treasury and brokerage operations.

Emirates NBD is an active participant and supporter of the UAE's main development and community initiatives, in close alignment with the UAE government's strategies, including financial literacy and advocacy for inclusion of People with Disabilities under its #TogetherLimitless platform. The Group is recognised for the pioneering efforts in employee volunteering and corporate social responsibility by IMPACT2030, the corporate volunteering arm of the United Nations. Emirates NBD Group is a Premier Partner and the Official Banking Partner for Expo 2020 Dubai. 

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