HSBC to establish 1st ‘Centre of Excellence’ in Al Ain

Image Courtesy: HSBC | Cropped by GBN
By News Desk, GCC Business News

HSBC, the leading international bank in the UAE, is set to launch a Centre of Excellence in Al Ain, in partnership with the Abu Dhabi Department of Economic Development (ADDED).

This move falls in line with the UAE and Abu Dhabi government’s vision to nurture local talent and boost the employment opportunities of UAE nationals in the financial sector.

The center, set to be operational by the end of 2025, will serve as a hub for the bank’s key functions and operations, such as collections and recovery, client services, and customer experience while also providing training and skills development for UAE nationals in Al Ain.

It will play a crucial role in equipping Emiratis with the skills to thrive in the financial sector while continuing to deliver cutting-edge services to their clients.

HSBC is teaming up with the UAE Central Bank and Nafis, the Emirati Competitiveness Council, on strategic initiatives to support the UAE’s vision to flourish employment opportunities for UAE nationals in the private sector.

HSBC to open ‘Centre of Excellence’ in Al Ain
Moustafa Raouf
Country Head of HR, UAE – HSBC Bank Middle East

“The UAE holds significant strategic importance for HSBC globally, and we have aligned our strategy with the country’s ambitious economic transformation plans to unlock growth. Our new Centre of Excellence in Al Ain is not just an investment in infrastructure but an investment in people, and our future generation. We are proud to support the initiatives of the UAE Central Bank and NAFIS to empower Emiratis and create meaningful career opportunities in a sector that is the backbone of any thriving economy. This center will be a cornerstone of our ongoing commitment to nurturing local talent.”

Mouza Obaid Al Nasri, Executive Director of the SMEs Sector at Abu Dhabi Department of Economic Development (ADDED), added that, “We are pleased to partner with HSBC to provide quality job opportunities for UAE nationals, and appreciate their contribution to nurture talent development in Al Ain, and upskill our future leaders. This initiative is in line with our efforts to enable UAE nationals benefit from promising opportunities in various sectors, contributing to economic growth and diversification in the Emirate of Abu Dhabi. As we continue to expand our partnerships, we aim to equip UAE talent with the skills and opportunities needed to propel Abu Dhabi’s transition towards a more resilient, knowledge-based economy.”

The partnership underscores HSBC’s commitment to the professional development of UAE nationals in Al Ain and Abu Dhabi, while offering a flexible work model, including part-time opportunities, to help support the aspirations of Emirati women and men seeking employment in the financial sector.

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