The board of the Central Bank of the UAE (CBUAE) announced that it had approved the creation of 5,000 new managerial jobs in banking and insurance for Emiratis, according to a statement carried by Wam.
The move was made in coordination with the Emirates Institute for Banking and Financial Studies and the Emirati Talent Competitiveness Council, WAM said.
Sheikh Mansour bin Zayed Al Nahyan (below), Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Board of Directors of the Central Bank of the UAE (CBUAE) chaired the meeting.
Sheikh Mansour expressed his thanks to the CBUAE for its role in supporting the stability of the country’s banking sector and he was briefed during the meeting on the progress on plans to improve digital inclusion and a green financial system.
Earlier this month, the UAE cabinet approved a policy to support Emiratisation goals and plans for private sector companies.
The cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum, the Vice President, Prime Minister of the UAE, and Ruler of Dubai, adopted a number of initiatives and legislations aimed at developing government-public partnerships, improving economic and labour opportunities, and providing additional incentives for companies supporting its call for Emiratisation.
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