In a significant move to enhance the financial sector’s leadership in the United Arab Emirates, the Dubai Government Human Resources Department and ESCP Business School have entered into a strategic partnership with Emirates NBD. The collaboration aims to develop Emirati finance professionals through the Chief Financial Officer Program, reflecting a commitment to nurturing local talent and strengthening the UAE’s status as a global financial hub.
The Memorandum of Understanding (MoU) was signed at the Dubai Fintech Summit by Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD Group, and His Excellency Abdulla Ali bin Zayed Al Falasi, Director General of the Dubai Government Human Resources Department. The event was attended by prominent figures including His Highness Sheikh Ahmed bin Saeed Al Maktoum and His Excellency Eng. Sultan bin Saeed Al Mansoori.
Hesham Abdulla Al Qassim expressed that the CFO Program aligns with UAE’s strategic goals, emphasizing Emiratisation in leadership roles and enhancing the country’s knowledge-based economy. “Our new CFO Program directly contributes to the UAE’s strategic goals,” he stated, highlighting its role in positioning the UAE as a leader in finance and fintech innovation.
Emirates NBD is set to provide not only financial sponsorship but also practical projects and executive support for participants, ensuring that they gain valuable real-world experience. Al Qassim emphasized that this initiative builds on Emirates NBD’s existing programs for developing Emirati talent.
His Excellency Abdullah Ali bin Zayed Al Falasi underscored their dedication to fostering future leaders by selecting 30 finance professionals from various sectors for this program. “We are extremely committed to identifying and nurturing the next generation of Emirati financial leaders,” he noted.
ESCP Business School will contribute its educational expertise by designing a five-month transformative program leveraging its acclaimed faculty and curriculum. Pr Bastian Dufilhol of ESCP highlighted their commitment to excellence in financial education: “ESCP is proud to contribute to the UAE and Dubai’s education strategy in this field.”
This partnership exemplifies how public, private, and educational sectors can collaborate effectively to address national priorities while empowering individuals within key industries.
