UBF Board of Directors meets to review 2021 performance and outline strategic plans for 2022
Empowering UAE nationals in the banking sector is the main aim of UBF in 2022
Abu Dhabi –19 Dec, 2021: The Board of Directors of UAE Banks Federation (UBF), the umbrella body representing 51 banks and financial institutions operating in the UAE and the common unified voice for the UAE banking sector, held its second hybrid meeting of this year to review the achievements and highlights of 2021 and outline strategic priorities for the coming year.
The meeting, which was presided over by H.E. AbdulAziz Al-Ghurair, Chairman of UAE Banks Federation, discussed a range of topics of vital importance to the UAE’s banking and financial services sector, including UBF’s 2021 achievements, its 2022 targets and the strategic projects it intends to undertake, as well as progress of Emiratization in the banking sector and the efforts towards establishing an effective training and mentoring system to guide talented UAE national employees in their financial careers.
H.E. AbdulAziz Al-Ghurair said: “Empowering Emiratis - fresh graduates or existing bankers - remains an overarching priority for UBF. It is very important to create the skills and opportunity pathways that will allow UAE nationals to participate in the economy, and UBF is engaging on multiple levels with Central Bank of the UAE and all UBF members to increase the presence of nationals in the banking sector and ensure that UAE nationals play a more direct and active role in shaping the future of the economy through a nationwide awareness campaign to be rolled out in the first quarter of year 2022.”
