The CEOs Advisory Council of the Emirates Banks Association have emphasized the importance of emiratization and attracting the largest possible number of emirati graduates to work in the banking sector, and to receive the best training on all work aspects for achieving leadership positions.
At its meeting headed by AbdulAziz Abdulla Al-Ghurair, chairman of the EBA board of directors, the council also stressed the need to increase the number of employees in the banking sector by attracting candidates from different sectors and not to rely on hires from one bank to another.
The council also discussed the issue of security checks provided by customers to their banks to avail banking facilities they need to help run and facilitate their businesses.
In addition, the council discussed the subject of the Foreign Accounts Tax Compliance Act (FATCA) and the extension of the date of the official take-off of this law, and the necessity to continue coordination with the Central Bank and the Ministry of Finance to provide guidance to banks in this regard.
The chairman of EBA indicated to the council that formalities are in progress to modify the name of Emirates Banks Association to become UAE Banks Federation, which better reflects the scope of its work.
Banks stress on emiratization to attract new graduates
