Ajman Bank employees first graduates of HH Sheikh Ammar Banking Excellence Program

Press release

Published March 16th, 2011 - 09:29 GMT

Al Bawaba

Employees from Ajman Bank, an award-winning financial services institution committed to transforming the experience of Islamic banking, today became the first in the UAE to graduate from the HH Sheikh Ammar Banking Excellence Program. 20 members of the bank’s staff were honoured at a graduation ceremony attended by H.H. Sheikh Ammar, Crown Prince of Ajman, H.E. Mr. Sultan Bin Nasser Al Suwaidi, Governor of the Central Bank of the UAE.

Open to selected recent Emirates-based university graduates, the UAE-wide HH Sheikh Ammar Banking Excellence Program was developed to promote excellence in banking knowledge and practice. The Ajman Bank trainees became the UAE’s inaugural class when they began their course in September 2010.

The rigorous six month program taught trainees the essential knowledge and skills needed for banking and business. Through a mixture of classroom learning and practical training alongside experienced banking professionals, trainees were given the tools to deliver quality service and effectively manage the needs of customers. The program has been developed in collaboration with the Banker’s Academy of the New York head-quartered Edcomm Group.

H.H. Sheikh Ammar said: “Today marks a milestone in the teaching of banking and business in the UAE. The financial services industry is key to the future growth of the UAE. It is vital that we support the industry by developing people with the necessary skills and experience. The graduates from Ajman Bank are now equipped to take the industry forward and represent the future of financial services in the UAE.”

“Ajman Bank serves at the customer’s convenience – wherever they are and whenever they need us. This commitment requires people with first class banking skills and experience,” said Mubashar H. Khokhar, CEO of Ajman Bank. “As a bank we have created a culture where Emiratisation is not a goal, it is a philosophy. That is why today more than one in three of Ajman Bank’s staff is a UAE national. The Banking Excellence program is in line with this commitment and will furnish Ajman Bank’s leaders of the future with a solid foundation in a wide range of banking disciplines and skill sets.”

Background Information

Ajman Bank

Ajman Bank is a young, agile Islamic commercial bank that provides a wide range of value-driven banking services in the UAE for individual, business and government clients, all in compliance with Shariah principles. Ajman Bank seeks out the market’s best products, people and technology in order to deliver what customers want, how they want it, delivering real value and recreating that human touch lost in modern banking.

Headquartered in Ajman and strongly supported by its government, Ajman Bank is the keystone of the emirate’s economic development strategy and is in a position to benefit from its growth and potential like no other. Ajman Bank is committed to becoming a sustainable organisation in its truest sense, balancing care for the community and employees with the business of delivering value to its shareholders and customers.