It intends to localize vital jobs in 4 departments directly related to the soundness of the banking sector

The Central Bank: 27.2% of the total citizens in banks are responsible for “vital jobs.”

The Central Bank: 9902 employees, the total number of citizens working in the banking sector at the end of the year 2020. Archive 2020.

The Central Bank revealed to "Emirates Today" that 27.2% of the total citizens working in the banking sector are responsible for carrying out key vital roles, while their number is 2,693 out of the total working citizens in the banking sector, which reached 9,902 employees at the end of 2020.

Two bankers confirmed that the national competencies have proven great merit, and the ability to occupy leadership positions in all bank departments, pointing out that what the citizen element in the banking sector needs is to have an adequate opportunity to unleash their energies.

They pointed out that there is a repulsive environment for citizens in senior jobs, which requires strict controls by the Central Bank, despite the efforts of the Bank and the Emirates Banks Association, and the cooperation of banks, stressing the importance of making critical decisions that question banks about every citizen banking efficiency that emerges from them.

vital functions

In detail, the Central Bank revealed to "Emirates Today" that 2,693 citizens who work in banks are responsible for carrying out key vital roles, constituting 27.2% of the total citizens working in the banking sector, which registered at the end of last year 9902 male and female employees.

The Central Bank confirmed that it intends to localize vital jobs in four specialized departments directly related to the safety of the banking sector, pointing out that it is working with the Emirates Banks Federation to prepare a plan to localize all vital jobs in the sectors: risk, credit, auditing and compliance.

merit and efficiency

The banking expert, Sheikha Al-Ali, said that the national banking competencies demonstrated great merit and ability to occupy leadership positions in all bank departments, even the position of CEO.

She stressed that the banking sector really needs the citizen component at all levels of employment, as it is the most important sector in the economy, in addition to being the most successful in the Emiratisation experience among the rest of the other economic sectors, as the highest percentage of citizens work in it.

And she continued: "According to the announcement by the Central Bank, there are more opportunities that banks will provide according to the points system, which means the entry of new blood and young people, who can be an alternative to the current experiences and competencies, which in turn can move to vital and leadership positions in each bank."

Al-Ali stressed that what the citizen component needs in the banking sector is to have an adequate opportunity to unleash his energies and develop the work environment he manages, especially since among the citizens are those who have obtained degrees from the most prestigious international universities, as well as graduates from local universities that provide remarkable education and training. for him.

negative practices

For his part, a banking official, who preferred not to be named, said that the Central Bank is working to provide an opportunity for citizens, but sometimes these efforts are aborted, through negative practices by some, and the citizen is alienated from continuing in his position, stressing that this expelling environment For citizens in senior positions, you need strict controls by the central bank.

The banking official pointed out that dozens of trained and experienced national banking competencies left the sector as a result of these negatives.

He continued: “No one denies the efforts of the Central Bank and the UAE Banks Federation, as well as cooperation by banks, but there are those within the banks who obstruct all this effort, which requires decisive decisions that question the banks about every citizen banking efficiency that comes out of them, in order to ensure the stability of the citizen in an environment healthy work.”

Sheikha Al-Ali:

• «The national competencies have proven great merit, and the ability to occupy leadership positions in the departments of all banks».

• The Central Bank is working with the Emirates Banks Association on a plan to localize vital jobs in the sectors: risk, credit, audit, and compliance.

Follow our latest local and sports news and the latest political and economic developments via Google news