Emirates NBD expands highly successful Ruwad graduate programme internationally in collaboration with APIX Singapore

Press release
Published May 29th, 2024 - 09:01 GMT

Emirates NBD
Emirates NBD
Highlights
Ruwad was launched in 2021 as an elite graduate programme
Accelerates talented Emiratis into leadership positions through a combination of professional experiences across Emirates NBD’s strategic projects both within the UAE and its global offices, and secondments at top-tier corporate partner organisations
Now Ruwad is expanding again, adding Singapore-located FinTech collaboration platform APIX as one of its global partners

Dubai, UAE, 29 May 2024: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, announces the global expansion of its highly successful Ruwad graduate programme, in partnership with APIX Singapore (APIX), a premier FinTech collaboration platform. This strategic alliance signifies a pivotal moment for Ruwad. Now in its fourth year, the graduate programme has already built a reputation for attracting the UAE’s best and brightest, and critically, fast-tracking them into management roles with the end-goal of accelerating them into Emirates NBD’s C-suite, aligned with its long-term nationalisation ambitions.

Ruwad’s distinctive approach offers Emirati graduates an accelerated leadership journey. This is achieved through a combination of first-hand experience working on Emirates NBD’s most high-profile strategic projects, combined with a 12-month secondment at one of Ruwad’s growing list of top-tier partner organisations including Visa, KPMG, Avaya and Mastercard, and international secondments at Emirates NBD’s global offices. Now with APIX Singapore onboard, Ruwad graduates can expand their horizons even further by gaining expatriate experience during their secondment and supporting APIX’s most transformative FinTech partnerships and innovation.  

Eman Abdulrazzaq, Group Chief Operating Officer at Emirates NBD, said: “We are delighted to announce the extension of our successful Ruwad graduate programme overseas in partnership with APIX in Singapore. This exceptional opportunity allows our best Emirati graduates to explore and immerse themselves in an international work culture, and critically, gain in-depth knowledge about the FinTech partnerships that are continuing to redefine banking both globally and here at Emirates NBD. Ruwad’s continued expansion, especially with a growing list of premium corporate partners supporting us to offer this one-of-a-kind graduate programme is testament to its early success in attracting and developing Emirates NBD’s future leaders.”

Sourav Ghosal, Head of Commercial and Strategy, APIX, said: "We are thrilled to partner with Emirates NBD, supported by our local partner, Bridge DFS, on the Ruwad programme. This collaboration offers future Emirati business leaders access to our global innovation network in Singapore, bringing cutting-edge innovation to the UAE and Emirates NBD. This partnership also allows us to benefit from the high-calibre talent that the Ruwad programme attracts. The UAE is a key market for us, and we remain committed to supporting Emirates NBD in the future."

Placement in Ruwad is offered to a small cohort of approximately 20 Emirati graduates once annually, selected from the UAE and world’s best universities. For more information on Ruwad and Emirates NBD’s other Emiratisation initiatives, visit their dedicated Emiratisation website: https://www.emiratesnbd.com/en/careers/join-emirates-nbd. 
 

Background Information

Emirates NBD

Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.

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