The National Bank of Bahrain (NBB), the Kingdom’s first locally-owned bank, has been recognized with the ‘We Invest in People’ Gold Accreditation from Investors in People, a UK-based non-profit accreditation body.
The Gold Accreditation signifies full ownership of business practices put in place to support an organization’s workforce, highlighting the leadership enacted in these core policies so that the organization makes work better. NBB has been recognized for its leadership, empowering approach and creation of progress and development opportunities for its workforce.
With this accreditation NBB joins 17 percent of select organizations internationally who have received this recognition, becoming the first bank in the GCC and the Middle East and North Africa (MENA) region to achieve this status.
NBB has made continuous efforts on its vivid transformation journey, with a focus not only on building its people but also on implementing Environmental, Social, and Corporate Governance (ESG) methodologies in unconventional ways.
“It is with pleasure that we announce NBB’s Gold Accreditation from Investors in People. As the first bank in the Mena region to receive this prestigious award, we take great pride in our commitment and subsequent efforts to become an organization that thrives on investing in our people and reaping their many successes. At NBB we seek to nurture our workforce and strive to instill the bank’s core values amongst our team members. We take pride in our people flourishing both personally and professionally. Over the past year, NBB has achieved many key milestones, which acted as a catalyst for our many internal successes. Our people are our most valuable asset, and their continuous development works to enhance our business operations, elevate the sector’s skill set and develop the industry as a whole.”
With a drive to encourage innovative thinking, NBB offers its human cadre with internal and external development opportunities, breeding transformative thinkers who are able to make changes on both a business and an industrial scale. The bank’s commitment towards building capabilities has enabled its people to prosper across various employee-led initiatives.
The Deputy Chairman of NBB’s Nomination, Remuneration, Governance, and Sustainability Committee, Dr. Esam Abdulla Yousif Fakhro, said, “It is our ultimate goal to enhance the environment in which we operate, beginning with our organization. As Investors in People, we aim to continue putting appropriate governance structures in place that work to provide our workforce with opportunities to grow and develop, in line with the goals of the organization.”
Investors in People has impacted over 11 million people in 66 countries since its inception in 1991, with more than 50,000 organizations receiving the recognition. The accreditation body has defined and developed its accreditation process for almost three decades with the aim to accredit any organization with the right blend of talent, motivation and leadership.
The accreditation benefits businesses through a measure of impact on the organization’s people strategy and how it benefits their team, motivating organizations to constantly evolve their initiatives.