United Arab Bank Honored At ’1st Sharjah Conference On Human Capital & Sustainable Development’
United Arab Bank (UAB) rated as the fastest growing bank in the UAE and winner of the “Bank of the Year 2011, UAE” Award from the Financial Times Banker magazine of UK, participated in the ‘1st Sharjah Conference on Human Capital & Sustainable Development’ as a platinum sponsor, held at American University of Sharjah.
His Highness Sheikh Sultan Bin Mohammed Bin Sultan Al Qassimi, the Crown Prince and Deputy Ruler of Sharjah, honored UAB for its contribution to Emiratisation and for its continuous support in the development of human capital.
While receiving the award on behalf of UAB, Sheikh Mohammad Al Nuaimi, Senior Vice President UAB said, “Our participation in this event underlines UAB’s commitment to the development of Human Capital while growing our business exponentially. Our words are followed by concerted actions towards the development of UAE Nationals”.
Speaking on the occasion, Tony Macrae, UAB’s Executive Vice president, Business Support said, “UAB’s active participation in this conference is backed by a high Emiratization level of 41% achieved in 2011 and 43% in 2012 through a comprehensive human resources development program. This is the highest Emiratization level achieved by UAB in its 38 year history. This reflects UAB’s strategy to attract, retain, and continuously develop the skills of UAE Nationals. “Emiratization strategy goes beyond recruiting UAE Nationals. UAB is committed to ensuring sustainability of the UAE economy by developing tomorrow’s leaders through enhancing the skills of UAE Nationals”.
Speaking on this historic achievement, Paul Trowbridge, Chief Executive Officer at UAB said, “The robust performance posted by UAB over the past 3 years is attributable to our strong human capital. We have a clear focus on recruiting the best available talent to meet our growing business requirements and achieving sustainable success. “
“UAB’s Board of Directors takes a vigorous interest in Emiratization, aligned to its robust financial objectives,” concluded Mr. Trowbridge.
Based out of Sharjah, United Arab bank operates with 20 branches spread all over the UAE. UAB plans to reach a network of 30 branches by the end of 2013.
Emirate: Sharjah
Date: Dec 24, 2012
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