Dubai PR Network, Online Press Release from Dubai and Middle East
 
Education, Universities & Training(Education & Training)
Filter PR by
  
First Cohort of Students Graduates from Emirates Institute for Banking and Financial Studies' Banking Insurance Program
 
First Cohort of Students Graduates from Emirates Institute for Banking and Financial Studies' Banking Insurance Program

Course Witnesses Participation of 160 Professionals from Union National Bank and RAKBANK 

Dubai-UAE: 17 July, 2017:  The Emirates Institute for Banking and Financial Studies (EIBFS), a regional leader in banking and finance education and training, witnessed the graduation of the first batch of participants of its banking insurance training program. The 160 outgoing students included 85 employees of Union National Bank and 75 employees of RAKBANK.

The specialized insurance training program focuses on bancassurance, or insurance in financial services, and aligns with the federal government’s goals to enhance the qualifications of UAE nationals and improve productivity in the insurance sector.

Bancassurance enables insurance companies to use the bank’s channels to sell their products. EIBFS’ program covers topics such as bank insurance models (BIM) and products, savings and investment products, retirement plans, customer best practices, and ethical considerations for financial advisors, and it awards graduates with a certificate in Banking Insurance.

Jamal Al Jassmi, General Manager of EIBFS, said: “The program reiterates our commitment to the vision of our wise leadership in developing UAE nationals and encouraging professional capacity building in fields such as banking and insurance. At EIBFS, we are continuously growing and attracting more participants owing to the diversity of our training programs, our educational workshops, and our partnerships with reputed global academic institutions.”

Deepak Ahuja, RAKBANK’s Director of Wealth Management, Mortgages and Bancassurance, said: “RAKBANK is committed to ensuring the sustained career growth and development of its employees across all the bank’s business lines. We are delighted to collaborate with the Emirates Institute for Banking and Financial Studies (EIBFS) through tailor-made training courses that will further enhance the skills and capabilities of our Sales team in the Bancassurance unit. We always encourage our employees to participate in world class training programs, such as the EIBFS training courses, because we believe that the success of the organization relies on the accomplishments of the individuals who flourish within it.”

Mr. Ali Khaled Al Hashimi, Senior Vice President and head of human resources and organization development from Union National Bank, said: “We are among the first banks in the UAE to have its entire banking insurance team certified by the EIBFS. The program received great interest from our participants and successfully concluded with their graduation.”

He added: “In line with our strategic vision to encourage professional development and build team capacities, we have utilized this program to enable employees to gain comprehensive knowledge on all financial asset classes and markets as well as an in-depth understanding of the insurance sector.”

Posted by : Dubai PR Network Editorial Team
Viewed 7296 times
PR Category : Education & Training
Posted on : Monday, July 17, 2017  5:04:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : September sizzles at ESMOD Dubai with new courses
Next Story : Dubai Customs' nursery and Daycare graduates 22 children
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
LG DUALCOOL Air Conditioner Builds a Tower of Chocolate [11926-Views]
Dune London: The Autumn/Winter17 campaign [9132-Views]
Contour, Highlight and Bronze your Body with Ease with Madame LA LA [7363-Views]
Max Mara: Iconic Coats - Manuela & Teddy. [7350-Views]
DS Podium GMT Chronometer: Because time knows no borders [7253-Views]
Vintage is the rage for new Chronofighter range [7186-Views]
India's famous fashion designer Suneet Varma brings his collections to Dubai [6997-Views]
Italian Trade Agency Kicks Off F&B Promotional Activities in the UAE [6875-Views]
SAINT HONORE Charisma “Twist” for elegant lady [6417-Views]
Ferrari Portofino: the Italian Grand Tourer par excellence [5990-Views]
CITIZEN opens refurbished boutique at Sharjah City Centre [5923-Views]
LG Robots to Connect People for A Better Tomorrow [5844-Views]
Panasonic announces robust plans for Middle East under new leadership [5655-Views]
Exhilarating new Roger Dubuis pop-up boutique in the US [5618-Views]
Mango Fall/Winter17 - Denim Special [5582-Views]
Michael Kors Collection Spring 2018 Fashion Show [5569-Views]
Marina Rinaldi : Ashley Graham continues her role as the face of the brand for the Fall/W... [5490-Views]
Aster DM Healthcare bags Gulf Business Awards-2017 for the “Healthcare Company of the Year... [5386-Views]
TAG Heuer's Globetrotter Exhibition Opens in Dubai Mall on September 15, As Part of an Amb... [5154-Views]
Ulysse Nardin Presents Classico Zheng He [5148-Views]
'COÉGA'S Got You Covered' in New AW17 SPF50 Family Swimwear Collection [4898-Views]
Dubai Culture Takes ‘Dubai Next' to London Design Festival [4837-Views]
The Longines Avigation BigEye: Aesthetics and tradition in a pilot's watch [4782-Views]
Kate Upton, Ashley Graham, Andreea Diaconu, Skai Jackson and more in Michael Kors to a Par... [4776-Views]
New Balance Introduces the 574 Sport in Celebration of the Dubai Mall Store Opening [4538-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories