November 1 2014, Sharjah, UAE:United Arab Bank (‘UAB’), the fastest growing bank in the Middle East, is implementing a number of new HR initiatives to step up support for its industry-leading Emiratisation efforts – including launching a training and career development program called “Reyadah.”
The Reyadah program will focus on developing the bank’s future leaders with a target of Emiratis comprising 25% of UAB’s most senior 50 employees by 2020. The objective of the program is to assess, identify and develop UAE Nationals that exhibit outstanding talent, and provide them the opportunities they need to meet their aspirations and thrive at the highest levels.
UAB’s Emiratisation ratio currently stands at 44% – the highest in the financial sector –after implementing a multiplicity of recent initiatives to encourage Emirati employees. The bank continues to attract, retain and continuously advance the skills of local talent to support its rapid business growth – operating income soared almost 36 per cent over the course of 2013.
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