ABU DHABI, 18th April, 2022 (WAM) — Abu Dhabi Global Market Academy (ADGMA), the educational arm of Abu Dhabi Global Market, Abu Dhabi Human Resources Authority (HRA) and Bank Misr have signed a Memorandum of Understanding (MoU) to establish a banking education program at Abu Dhabi Global Market (ADGM).
The agreement strengthens the parties’ strategic collaboration to facilitate the exchange of knowledge and improve the banking education and training platforms offered by the ADGM Academy. The partnership aims to hone the skills of Emirati researchers, promote their successful integration into the private sector and support their pursuit of meaningful and sustainable employment.
The MoU was signed by Ahmed Saleh, Acting Executive Director of Workforce Development and Management Sector at HRA, and Abdullah Al Suwaidi, ADGMA Board Member, and Khaled El Bialy, CEO of Banque Misr, UAE.
Hamad Sayah Al Mazrouei, Managing Director of ADGMA, said, “This is an important milestone for ADGM Academy, as we strengthen our commitment to supporting the UAE’s knowledge sector, particularly in the crucial areas of finance and banking. Through this partnership with HRA and Banque Misr, we aim to train and certify Emirati nationals for employability at Banque Misr. We are proud to support the broader UAE goal of further cultivating local talent.
Graduates who successfully complete the program will be selected for employment within their organizations through strong and structured assessment centers. Banque Misr will identify and sponsor graduates of the ADGM Academy program, and further assist them in training and employability based on their human resource needs.
To begin with, the Academy and its partners will formalize a study proposal highlighting comprehensive key performance indicators for banking education, followed by the establishment of a committee to provide support, guidance and follow-up. some progress.
With the support of Bank Misr, ADGMA will identify training needs and then, with the help of the Human Resources Authority, recognize potential UAE graduates seeking employment opportunities to be trained and prepare for employment.
Commenting on the agreement, Amal Al Jabri, Acting Director General of the HRA, confirmed that this agreement represents an extension of the successful institutional cooperation between the Authority and ADGMA to enhance the participation of UAE nationals in the private sector.
She underscored the importance of the educational platform for banking business to support the qualitative rates of emirates in the financial and banking sectors.
Al Jabri commended the role of Bank Misr in supporting national development programs in finance and banking, adding that the HRA has launched more innovative initiatives that support the overall development of Abu Dhabi’s labor market.
Khaled El Bialy, CEO of Banque Misr, UAE, said: “Banque Misr has always attached great importance to the development and advancement of human resources, believing that they are the most important assets of any institution and that the strength of institutions lies in their enlightened talents.”
He confirmed that “the signing of the Memorandum of Understanding is in line with the values and strategies of Banque Misr reflecting its commitment and dedication to the sustainable development and prosperity of Egypt and all countries in which the bank operates”.