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 10510 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
Robinsons Honored for Outstanding Store Design [9803-Views]
Safilo Group Reveals Its Spring/ Summer 2018 Collection [7381-Views]
Bridal Glow is Skin Deep: Tips for every bride-to-be in 2018 [7290-Views]
Redefining the Skin Clinic Experience. #allnewkaya opens in Muscat City Centre! [6606-Views]
Optim-Eyes Lashes & Brows with Filorga [6588-Views]
Mealtop, Introducing a Whole New Dessert Experience [6515-Views]
Catch Some Zzz's in the IKEA Nap Truck [6405-Views]
NEZO launches new identity to guide consumers in selecting the best salt for their culinar... [5685-Views]
South African artisans of fine leather products look to make big impression at Leatherworl... [5411-Views]
Dual Investments Brand LE66 to Relocate from City Walk to New Dubai Location in 2018 [5203-Views]
Global Expansion in sight for ICONS© Coffee Couture [5075-Views]
Raymond Weil's Freelancer Ladies [5069-Views]
Tag Heuer Carrera Heuer 02 [4947-Views]
Do You Feel Sleep Deprived? Nearly Half of UAE Would Give Up Social Media for an Extra Hou... [4813-Views]
Al Ghurair Foundation for Education Event on ‘Graduating Work Ready Youth' Unveils Researc... [4691-Views]
15,000 participate in the Dubai Cares' annual Walk for Education 2018 in support of childr... [4355-Views]
DAMAC Properties deliveries surpass 20,000 unit milestone as it reports net profit of AED ... [4252-Views]
Al Qattara Investments reveals expansion plans for Al Ain [4203-Views]
Dealing with Diabetes: What German Medical Center's doctors say about the incurable diseas... [4142-Views]
Indian FMCG Conglomerate Hamdard Laboratories brings “The Drink of India” - RoohAfza to UA... [4075-Views]
Galderma's “Leave Your Mark” Mobile Clinic heightens awareness of skin diseases amongst yo... [4026-Views]
Jaguar Land Rover Awarded as Company of the Year [3965-Views]
Dubai Culture Launches ‘My Environment My Responsibility' Initiative in Hatta [3934-Views]
Name of New High-sided Vehicle to Be Rolls-royce Cullinan [3861-Views]
Pink Caravan Ride Launches Mobile Mammography Clinic to Offer Specialised On-the-spot Scre... [3825-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories