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National Bank of Fujairah announces launch of NBF GenNext.

Dubai: National Bank of Fujairah PJSC (NBF) said it has announced the launch of NBF GenNext, a leadership programme designed to help the children of the bank's corporate and institutional banking clients develop business skills.

The programme is developed in conjunction with Fitch Learning, a leading provider of learning and development solutions for the financial services industry.

The inaugural GenNext group of 14 students, mostly fresh university graduates from established family-run firms within the UAE, were guided through management and financial principles ranging from identifying shareholder returns to developing corporate funding strategies that are appropriate for their businesses.

The one-week complimentary programme also gave participants the opportunity to network with NBF management and senior practitioners in the bank's specialist areas from treasury to trade finance. The bank said in a statement that GenNext will become an annual client engagement programme. They are working on tailoring it to the different succession planning requirements of their corporate customers.

"By helping our clients develop a strong pipeline of capable young leaders that would help grow their businesses and preserve them for future generations, we are not only reaffirming once again our commitment to the local economy but showcasing the dedication and value that NBF brings to its client relationships for over 30 years," said Vikram Pradhan, NBF's Head of Corporate and Institutional Banking.

NBF GenNext is the bank's first specialised training programme developed for their clients,

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Publication:Gulf News (United Arab Emirates)
Date:Aug 1, 2015
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