Doha 28 February 2010 - As part of its efforts to enhance its human capital advancement programs and ensure the overall development of its executive talent resource, Qatar National Bank (QNB) has concluded an intensive Executive Development Program (EDP) designed for its executive management.
The closed-doors sessions were held offsite at the Ritz-Carlton Doha from 21-25 February 2010, making it one of the most intensive executive leadership programs hosted by QNB Group. The training sessions were conducted by Duke Corporate Education (USA) which designed and developed the program tailored to QNB’s requirements.
The program amplifies ongoing initiatives by QNB’s Human Capital Department and included all members of QNB Group executive leadership team led by Group Chief Executive Officer Mr. Ali Shareef Al-Emadi, demonstrating the Bank’s commitment to enhancing the career programs at the highest level.
By inviting Duke CE to Doha, QNB aimed to minimise disruption to the executives' work routines. The company is a leading executive education provider and the team that worked with QNB included session leaders with extensive experience both as members of blue-chip corporate leadership and as consultants.
The Executive Development Program covered wide-ranging managerial activities from leadership competencies to strategic positioning and visioning to help support the Bank’s long-term strategic goals.
An integral aspect of the Executive Development Program is succession planning which covers operational risk management, understanding and aligning with the group’s strategic plans and developing the core competencies of individuals, in addition to attracting and, more significantly, retaining Qatari talent in an ever changing and competitive marketplace.
QNB Group is the leading financial institution in the country and has an active Qatarization program, which in February 2010 stood at 53% of all employees, the highest in the banking sector. The Bank also has numerous staff development programs designed for its employees such as the induction program “Lighting the torch” and specialised training provided to staff at every level and functional area.
QNB’s succession plans identifies employee diversity in interpersonal and operational skills, resulting in individual development plans, coaching and mentoring to ensure rewarding career development opportunities.
Regular training updates, in addition to being a major pillar of QNB’s human capital strategy, are a significant risk management tool for integrated financial institutions such as QNB Group, which includes QNB, QNB Al Islami, QNB Capital and QNB Private, respectively, the retail, Islamic, investment and private banking divisions of the QNB Group which operate in Qatar as well as multiple international markets.