Emirate Official Unveils Vision to Empower Local Talent and Drive Nationalization

Ajman Bank won first place in the medium-sized companies category at the prestigious "Nafis" awards, recognizing its leadership role in promoting Emiratization and empowering national talent in the banking sector. The achievement highlights how UAE banks are actively building local expertise to support the country's economic diversification goals.

Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of Ajman Bank's Board of Directors, praised the win during a visit to the bank. He said the award reflects the bank's strategy to develop national capabilities and strengthen their role as a key driver of growth and innovation.

"This achievement embodies Ajman Bank's vision of developing national competencies and enhancing their role as a main engine for growth and innovation," Sheikh Ammar said. "This recognition confirms the importance of empowering Emirati cadres to take on leadership roles that contribute to shaping the country's future."

The Crown Prince emphasized that Emiratization forms a central pillar in Ajman Bank's institutional transformation journey. The bank's approach aligns with the UAE's broader vision of building a competitive and sustainable economy based on human capital development.

For investors and the banking sector, this represents a significant trend. UAE financial institutions are increasingly focusing on local talent development as part of long-term sustainability strategies. This shift helps reduce dependence on expatriate expertise while building indigenous banking capabilities.

The Nafis program, launched by the UAE government, aims to create 75,000 private sector jobs for Emiratis over five years. Banks like Ajman Bank are playing a crucial role in achieving these targets by creating structured career paths for local graduates and professionals.

Sheikh Ammar congratulated Mustafa Al Khalfawi, CEO of Ajman Bank, and the human resources team for their efforts in empowering national talent. The bank's success in the Nafis awards demonstrates how financial institutions can balance commercial objectives with national development priorities.

The award reinforces Ajman Bank's commitment to supporting the country's Emiratization agenda while building a sustainable work environment that provides quality opportunities for national talents to grow and excel in the banking sector.