is happy to be able to play a pivotal role in contributing to the nation's talent pool that not only works towards building a better banking and finance environment but further supporting the UAE's economic development."
This necessitated a serious reskilling of the workforce which involved developing new competencies on how to use technology," said Jamal Al Jassmi, General Manager at the Emirates Institute of Banking and Financial Studies (EIBFS
), one of UAE's flagship finance and banking educational institutions set up to build skills in what was at the time a nascent sector.
The Emirates Institute for Banking and Financial Studies (EIBFS
) has launched a first-of-its-kind simulated trading room in the UAE to provide first-hand knowledge of the stock market to students and help them become qualified traders.
Speaking on the increasing role of fintech in Islamic finance, Jamal Al Jassmi, general manager of EIBFS
, said: "Fintech is paving the way for an enhanced finance and banking environment.
2019 Annual Training Plan involves the launch of four mobile learning apps, one of which will be EIBFS
Nasser bin Thani Al Hamli, UAEMinister of Human Resources and Emiratisation, led the meeting that drew the participation of Shahab Essa Al Zaabi, Head of Licensing at the Central Bank of the UAE and Board Member of EIBFS
. More than 120 HR heads of banks - critical stakeholders in the implementation process - were also present.
Jamal Al Jasmi, general manager of EIBFS
, said: "The global banking and
While the priority in the past was to develop functional skill sets in the various domains of banking, the new trend is to ensure the application of technology to functional skills, referred to as the techno-functional skills," said Jamal Al Jasmi, General Manager of EIBFS
u[logical not] At a training level, EIBFS
offers a full range of training programmes covering different areas of Islamic banking and finance, in-house training programmes for banks and specialised programmes for fresh UAE graduates.
In its effort to further enhance the Emiratisation strategy and commitment towards developing the core financial competencies of young UAE nationals, Noor Bank participated at the Emirates Institute for Banking and Financial StudiesEe' (EIBFS
) National Career Exhibition 2015.
The event in question was held by the Emirates Institute for Banking and Financial Studies (EIBFS
) in December.
Recently, for instance, Emirates Institute for Banking and Financial Studies (EIBFS
) honoured NBAD for its strategies to search, identify and hire UAE nationals who seek careers in financially services and proved their motivation through academic achievements.