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- The commitment is in line with Emirates NBD’s ongoing commitment to encourage women in senior leadership roles and close the gender gap
Dubai, United Arab Emirates: Emirates NBD, the leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has joined a commitment to accelerate progress towards UN Sustainable Development Goal 5 (achieve gender equality and empower all women and girls).
As part of its ongoing commitment to promoting gender equality and women in leadership, Emirates NBD Group is the latest of eight leading UAE local and multinational companies to sign up to the SDG 5 pledge at a gender-hosted event in the UAE Balancing Committee (GBC). The commitment is in line with the UAE government’s focus on improving the equity and representation of women in the public and private sector workplaces.
As a committed member, the banking group is expected to work closely with UAE GBC in line with the UAE’s vision to achieve the 17 United Nations Sustainable Development Goals, in particular Goal 5, which aims to achieve gender equality and women’s empowerment. The goal aims to promote “raised awareness of the importance of ensuring women’s full and effective participation and equal opportunities at all levels of decision-making.”
Each signatory commits to take key actions to enhance gender balance in leadership positions, including: ensuring equal pay and fair pay; promoting gender-responsive recruitment and promotion; reflecting gender-balance ambitions through policies and programmes; and Be transparent about progress.
Established in 2015, the UAE GBC is the federal entity responsible for developing and implementing the UAE’s gender balance agenda. The committee is chaired by His Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, Chairman of the UAE Gender Balance Council, Vice President, Deputy Prime Minister and Minister in the Presidency .
Shayne Nelson, Group CEO, Emirates NBD, said:: “As a leading local banking group, we are proud to be part of our SDG 5 commitment and fully aligned with the UAE Government’s focus on improving women’s equality and representation in the workplace, both in the public and private sectors. Last year, Emirates NBD was the first The first UAE banking group to publicly commit to the goal of women in leadership, reflecting the importance of diversity and inclusion to our group. Our signing of this pledge further reinforces our commitment to closing the gender balance gap and fostering a culture of equality and diversity.”
Eman Abdulrazzaq, Group Chief Human Resources Officer, Emirates NBD, said: “SDG 5 commitment is a clear demonstration of our efforts to close the gender balance gap and achieve gender parity in decision-making positions. We are proud to have strong female representation in our workforce, which remains well above global financial services benchmarks. “
Abdul Razak Added: “The UAE NBD’s Diversity and Inclusion Agenda focuses on enabling and promoting an inclusive culture that opens paths for women’s professional growth and development, and we look forward to making a positive contribution to provide opportunities for women to grow, not only at the organizational level, And in the UAE.”
Emirates NBD supports women across the organization to realize their leadership potential through a range of internal and external programmes, emphasizing key data and soft skills now recognized as prerequisites for leadership in the digital age. It will also include accelerated role opportunities, executive courses, and coaching and mentoring.
About Emirates NBD
Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, with operations in 13 countries serving more than 17 million customers. As of March 31, 2023, total assets were AED 782 billion (approximately US$ 213 billion). The Group operates in UAE, Egypt, India, Turkey, Kingdom of Saudi Arabia, Singapore, UK, Austria, Germany, Russia and Bahrain, and has representative offices in China and Indonesia with a total of 874 branches and 4,144 ATMs/SDMs. Emirates NBD is the UAE’s leading financial services brand with a brand value of US$3.89 billion.
Emirates NBD Group serves its clients (individuals, corporates, governments and institutions) and helps them achieve their financial goals through a range of banking products and services including Retail Banking, Corporate and Institutional Banking, Islamic Banking, Investment Banking , Private Banking, Asset Management, Global Markets and Funds, and Brokerage. The group is a major player in the global digital banking industry, with 97% of financial transactions and requests made outside of its branches. The group also operates Liv., Emirates NBD’s lifestyle digital bank, which with almost half a million users remains the fastest-growing bank in the region.
Emirates NBD contributes to building a sustainable future as an active participant and supporter of key development and sustainability initiatives in the UAE, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE’s Year of Sustainability and was an early supporter of the Dubai Can Sustainability Initiative, a city-wide initiative to reduce the use of single-use plastic bottled water.
For more information on Emirates NBD, please contact:
Ibrahim Sovardan
Senior Vice President
Head of Group Corporate Affairs
Emirates NBD
e-mail: ibrahims@emiratesnbd.com
Tricia Kaur
asda’a bcw; Dubai, United Arab Emirates
e-mail: Tricia.Kaul@bcw-global.com
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