RIYADH, 16 July 2007 — SABB hosted a reception for four students who have been chosen this year for “SABB MBA Scholarship Scheme from the UK.”
SABB’s Deputy Managing Director Adel Al-Nasser, Manager of Training and Development Dr. Kasib Al-Rashidi and Head of Corporate Communications Ibrahim Abo-Mouti attended the event in addition to the four selected candidates.
“The SABB scholarship program is one of the most prominent schemes to serve the community, with efficient and qualified female/male Saudi cadre,” Al-Nasser said. “It is an initiative that comes under SABB’s commitment to support educational and social programs, and to allow community members — in both public and private sectors — to benefit from this unique scheme. The program is intended for Saudi graduates from local universities, and graduates of other accredited universities, who are interested in pursuing higher studies, with the intent of enhancing their future career,” he added.
“This program highlights the bank’s commitment to national and social responsibilities, and comes in compliance with the directives that call for the participation of local companies and establishments, to develop Saudi cadre who are able to participate efficiently in different development aspects witnessed in the Kingdom, where the human factor is a necessity for the success of any development effort,” Al-Nasser said.
SABB claims to be the first bank to introduce this pioneering educational program in Saudi Arabia. The program was introduced in 1997 and tailored for all male and female Saudi graduates to pursue higher education abroad. The number of Saudi students who benefited from this program — since inception — is 49 students, where the bank sends a group of candidates to accredited universities in the UK and bears all tuition fees, travel allowance, in addition to a daily allowance, without any obligation on the student’s part to work for SABB after completion of the course.
