Mohammed Bin Rashid Al Maktoum Foundation (MBRF) has awarded an Arab equities fund manager with a executive MBA scholarship as part of the organisation's initiative to boost home-grown talent.

Under the scheme, Yazan Abdeen, fund manager (equities) at ING Investment Management Middle East, will undertake the studies at the London Business School (LBS) through the Dubai London EMBA Program.

To empower future generations and devise sustainable home-grown solutions to regional challenges, MBRF has established the MBRF Scholarship Program.

The scholarship committee selected Abdeen based on exceptional performance which it says underlines his determination, dedication and commitment to the region’s human and socio-economic progress.

“It is a great honour to be selected from such a strong list of candidates. I now have an excellent opportunity to further my studies at one of the most reputable institutions,' said a delighted Yazan.

'I’d like to thank the MBRF for its support and contribution to the development of local talent.”

According to ING Investment Management, the development of Arab talent at the highest professional levels is of fundamental importance to the future prosperity of the region.

ING chief executive Grant Bailey said critical to the expansion and sustainability of an economy’s prosperity was the need for a well educated workforce.

'In the UAE there is also the focus on supporting the local workforce’s advancement into highly skilled jobs. Business education is an important component of this requirement, and the encouragement of staff working in the financial industry to undertake corporate and investment related education programs is to be welcomed.'

“Yazan’s achievement sets the standard for his peers to follow in pursuing further education, particularly business and financial education, and is a success story that he and ING can be rightly proud of,” Bailey added.-TradeArabia News Service