Commercialbank signs strategic partnership with London Metropolitan Business School

Commercialbank signs strategic partnership with London Metropolitan Business School

The London Metropolitan Business School is renowned for its excellence and brings to the table over a hundred years experience in financial related teaching.

August 17, 2010 1:32 by Rasha Reslan

Commercialbank of Qatar, the largest private sector bank in Qatar, has signed a strategic partnership with the London Metropolitan Business School (LMBS). The partnership sets down the roots of a new Doha-based Training Academy which will provide invaluable training and development opportunities to employees of the Bank. This strategic partnership will cater for employees at all stages of their career path leading the way in developing talent who will play an active role in the Bank and the future of Qatar.

The signing was attended by Andrew Stevens, GCEO Commercialbank; Professor Malcolm Gillies, Vice-Chancellor of London Metropolitan University; Mr Andy Inglis, Associate Director; Mr. Frank McKenna, Business Development Director and Abduljalil M. Borhani, Executive General Manager Corporate Banking from Commercialbank. Also in attendance were Mr. Mark Ellam, Director of Trade and Investments at the British Embassy and the first batch of management trainees from Commercialbank.

The London Metropolitan Business School, which is based in one of the world’s most thriving financial centres, is renowned for its excellence and brings to the table over a hundred years experience in financial related teaching. The partnership will strategically enhance the nationalisation drive of Commercialbank by ensuring that Qataris within the Bank are trained to lead the way in the banking sector in one of the world’s fastest growing economies.

The Training Academy, which will be supervised and developed by LMBS, will bring together professional development, Certificate, Diploma and eventually, Masters programmes, tailored to the needs of the Bank’s management trainees and executive leadership staff. This will start with basic banking training for fresh recruits through to a two year programme for middle management and culminating in a one year Executive Leadership Programme to nurture high flying Qataris for senior leadership roles within the Bank. Adding to the Academy’s training programmes will be a Summer School held at LMBS, the largest business school in the City of London.

Attending the signing, Malcolm Gillies, Vice-Chancellor of LMBS underscored the significance of the event

“This brings together the Bank’s great experience in financial services and the University’s expertise in business, management and financial education.”

Continuing he commented on the importance of talent development

“There is a voracious market for talent and we all have an obligation to extend the skills of our staff as far as possible. We are delighted to welcome the first cohort of students and look forward to a productive relationship ahead.”

Commercialbank’s GCEO, Andy Stevens outlined the Bank’s vision for the way ahead

“We are delighted to forge this strategic partnership. At Commercialbank we believe in building the talent of tomorrow, an essential part of our corporate DNA. The partnership is the first stop on our strategic road map for the future. Commercialbank aims to differentiate ourselves and provide a real choice for young Qatari talent who wish to pursue careers in Banking. And in the bigger picture this, in-turn, highlights our commitment to the future prosperity of Qatar.”