The Banking Executive Magazine - July 2024 Issue

Career Chronicle Marzooqi, Senior Analyst, Mubadala Investment Company; Mohammad Almajedi, Audit Manager, HSBC Bank Middle East; Maryam AlHareb, Assurance Manager, PwC; and Rashed AlAli, Assistant Manager, EY. In a recent MAC meeting, Maryam AlHareb from PwC and Rashed AlAli from EY both commented on the im- portance of Emiratisation and the need for private and public sector entities to invest in the next genera- tion of Emirati leaders: “Today, more than 40% of the Emirati population is under the age of 30, compounding the need to ensure strong national representation across all strategic sectors if growth industries are to prosper and employment levels re- main high. Companies need to invest in future skills to prepare young Emi- ratis for the future of work and de- velop the next generation of leaders who can drive the UAE’s transforma- tion into a green, digital, and knowl- edge-based economy. The private sector must play its own proactive part in creating complementary op- portunities in the workplace to attract homegrown talent, as well as retain and cultivate it.” Mohammad Almajedi, Audit Man- ager, HSBC Bank Middle East, com- ments: “The creation of this committee is a positive step forward for both the accounting profession and the wider finance profession in the UAE. With the UAE Central Bank’s Emiratisation target for local banks of 45% of total employees by 2026, this is a welcome initiative and one I am proud to be involved in.” ISSUE 187 JULY 2024 the BANKING EXECUTIVE 41