Accenture (NYSE: ACN) has joined forces with the Commercial Bank of Dubai (CBD) to train the bank’s employees in the fields of data and AI. As the first bank in the UAE to launch an enterprise-wide data literacy program,
CBD says that it is setting a new standard by enabling its employees in order “to achieve certifications in both Data and AI.”
With the global financial services industry now navigating an era of digital transformation, the ‘CBD AI and Data for the Future’ program “will equip the bank’s workforce with the crucial skills needed to stay ahead of the curve.”
This collaboration is designed to empower CBD’s employees by harnessing the full potential of “innovative technologies, thereby enabling them to meet and exceed the evolving expectations of their customers.”
Through this initiative, Udacity, part of Accenture, “brings their combined expertise to the forefront, offering a comprehensive and future-ready digital upskilling program that underscores the importance of data and AI in driving the bank’s digital evolution.”
This program will leverage the power of data management, analytics, and AI to ensure “enhancing customer experience and operational resilience as part of CBD’s strategic transformation goals.”
Participants will also undergo thorough hands-on training to strengthen job readiness to “maximize engagement and learning outcomes.”
Udacity is also incorporating premium services “such as expert-led, interactive sessions focused on mastering complex concepts, tech talks offering insights on emerging trends and applications in data and AI and personalized Q&A sessions, courtesy of its 1,400+ mentors.”
Max Di Gregorio, Managing Director at Accenture in the Middle East, said:
“We are happy to offer this innovative program that helps improve learning outcomes. As banking is quickly moving to digital, businesses that are building their digital core can improve their operations, increase revenue quickly, and improve the services they provide to their customers. This creates real value on a fast and large scale. CBD’s investment in making its employees digitally savvy gives it a big advantage.”
Ali Imran, Chief Operating Officer at CBD, said:
“Through this initiative, CBD is enabling workplace modernization, fostering a culture of innovation, and setting a GCC-wide benchmark in data and AI upskilling. This program demonstrates our commitment to delivering value-driven banking that empowers both our customers and the broader UAE community, ultimately providing the Bank with a sharper competitive edge by ensuring our employees are future-ready.”
This partnership underscores CBD’s active role in “driving economic progress and aligns with the UAE’s vision for AI leadership.”
As covered, Accenture is a global professional services company “that helps the world’s businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale.”
They combine their strength in technology and leadership in “cloud, data and AI with industry experience, functional expertise and global delivery capability.”
Their range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together “with their culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships.”
