Company expects to receive over 2,500 job applications from Emiratis this year

February 24, 2010

Al Ansari Exchange, a leading provider of worldwide remittance and foreign exchange services, is staging an extensive participation at the ‘National Career Exhibition 2010’, a specialised career-focused event for the UAE banking and financial sector, which opened today (February 24, 2010) at the Sharjah Expo Centre. Following its success in last year’s exhibition where over 2,000 UAE nationals applied for available positions, the company announced that it is expecting the application of more than 2,500 Emiratis during this year’s event, which will run until the 26th.

The leading exchange house has been active in participating in recruitment events in line with its commitment to the country’s Emiratization programme, which focuses on providing suitable employment to local talents. The company seeks to highlight the excellent career advancement opportunities it can offer UAE nationals in the realm of worldwide remittance and foreign exchange services and leverage this talent to grow its operations across the country. This includes full training on anti-money laundering and money exchange, as well as on Al Ansari’s services including Auto Remit, Cash Express eExchange and Online Remittances.

“Hiring local talents is imbedded in our corporate policy because they provide us with excellent advantage in terms of the use of Arabic language in communicating with a large percentage of our clients and global partners, among other valuable contributions to our organisation,” said Mohammad Al Ansari, Managing Director, Al Ansari Exchange. “In exchange, we provide local applicants with excellent training that hone their capabilities to excel in the remittance and foreign exchange services market, or if they decide to work with local and international banks. We attend career-oriented exhibitions such as the ‘National Career Exhibition 2010’ to find the most qualified local talents to join our team, and we are confident that we will be able to surpass the number of applications from UAE nationals we have received last year.”

Since its establishment in 1966, Al Ansari Exchange has carved a niche in the market by offering reliable, customer-oriented products and services, including worldwide money transfer, foreign exchange, transfers through Western Union & Cash Express, and door-to-door delivery of remittance. The company also provides ancillary services, such as cash advance and encashment against credit cards, credit card bill payment, and issuance of National Bonds certificates, travelers’ cheques, and e-exchange, among others.

“We are committed to enhancing the exchange industry by providing newly hired personnel solid professional foundation that will allow them to cope with industry requirements and thus open up a promising future for their career in the financial sector. These new recruits will also play a significant role as we move towards achieving our goal to operate 100 branches across the UAE and in strengthening our partnerships with over 150 correspondent banks and agents worldwide,” concluded Al Ansari.

DIFC Governor H.E. Ahmed Humaid Al Tayer highlights practical challenges and shares leadership insights during Dubai Policy Watch Forum

February 09, 2010

Mohammed Bin Rashid Center for Leadership Development (MBRCLD) has revealed that the present challenges in the global financial and banking sector and the experience of incumbent leaders in addressing such pressing concerns are crucial in enhancing the leadership acumen of Dubai’s pool of future leaders. In view of this, MBRCLD announced that it recently discussed critical issues in the global financial and banking sector and their impact on Dubai during a new session of the Dubai Policy Watch Forum for all participants at the Center, who have exceeded 150 participants enrolled in the leadership programs: Government Leaders; Young Leaders; Promising Leaders; The Elite; UAE Women Leadership program; Hamdan Bin Mohammed Program for Sports Leadership Development and Qeyadi Leadership Skills Development Programme.

H.E. Ahmed Humaid Al Tayer, Governor of the Dubai International Financial Centre (DIFC), served as keynote speaker of the event where he highlighted practical challenges and shared  leadership insights and also offered invaluable advice about banking and finance and other key industries to participants. A former UAE Minister of State for Finance & Industry and a recipient of the Lifetime Achievement Award from “Banker Middle East” magazine in 2007 and “The Arab Banker for 2006” award, Al Tayer has extensive senior leadership experience in both the public and private sectors.

In addition to being DIFC Governor, Al Tayer is Chairman of the Board of both Emirates NBD and the Commercial Bank of Dubai, Vice Chairman of the Dubai Aluminium Company (DUBAL) and Member of the Board of the Investment Corporation of Dubai. Concurrently, Al Tayer is also Chairman of several leading institutions, including the Board of Trustees of the Emirates Nationals Development Programme, Emirates Institute of Banking & Financial Studies, Higher Committee for Human Resources Development in the Banking Sector and the National Human Resource Development & Employment Authority (Tanmia). He is also Deputy Chairman of the Emirates Banks Association and the Emirates National Oil Company (Enoc) and a member of Board of Directors at Zayed University.

H.E. Ahmed Humaid Al Tayer said: “The unprecedented challenges faced by the global banking and financial sector and its effects on various sectors of the economy, urged us to work on developing and strengthening the UAE’s financial and banking systems. At the same time, these challenges necessitated a thorough review of many plans and programmes in order to explore the future outlook for socio-economic development. We picked up valuable lessons from the experience, which have helped us better prepare against similar unpleasant incidents in the future. It has been a pleasure for me to support MBRCLD’s programs by sharing the experiences and expertise gained during a career that covers more than 40 years of work in the public sector and state-institutions. I believe that it is important for government leaders to pass on their knowledge to the younger generation who will soon take responsibility in steering our society towards sustainable development.”

Adel Al Shared, Executive Chairman of MBRCLD, “One of our main objectives is to ensure a smooth transition from one generation of leaders to the next. This is why we constantly invite high-level government officials to serve as keynote speakers of the different forums that we organize. H.E. Ahmed Humaid Al Tayer has established himself as one of the pillars of government having assumed different leadership positions in nearly four decades of service in the public sector. The new session built on his vast experience to inspire and help equip future leaders with the necessary skills, knowledge and attitude to be successful in government service.”

MBRCLD has been established in line with the vision and directions of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai; who has underscored the critical importance of a highly competent national professional workforce to ensure the country’s global sustainability.