Moody's Analytics engaged by Abu Dhabi Commercial Bank to help implement Unified Credit Culture

17 April 2011

DIFC, 17 APRIL 2011 - Moody's Analytics is pleased to announce that Abu Dhabi Commercial Bank (ADCB) has engaged Moody's Analytics' Professional Development Services to design and deliver a tailored training program in order to support the establishment of a "Unified Credit Culture" (UCC) across all of ADCB's operations. This represents a deepening of the solid partnership between the two companies given that ADCB already uses two key software tools provided by Moody's Analytics across all of its branches - namely, RiskAnalyst™, a credit risk scoring tool, as well as an asset liability management (ALM) software program.

The partnership with ADCB emphasizes Moody's Analytics' continued leadership in the Middle East as the pre-eminent provider of credit risk training solutions and risk management systems to the region's largest financial institutions. "We are very proud to partner with ADCB on this high-profile learning initiative," says Agne Nilsson, MD, and Global Practice Leader for Professional Development Services at Moody's Analytics. "The initiative demonstrates ADCB's commitment to fostering a competence culture and investing in people, in line with the approach of leading institutions around the world. We remain committed to helping ADCB and other clients globally with organization-wide solutions to enhance competence."

The Moody's Analytics training program will be implemented in three phases and across all levels of ADCB's banking staff, beginning with the bank's board and senior management. All training will be conducted by instructors from the Professional Development Services, a division of Moody's Analytics, each of whom has a minimum of 20 years of industry experience. Phase 1 of the training program will start in January 2011 and focus on client analysis; Phase 2 will be implemented in September 2011 and focus on deal structuring; and Phase 3 in 2012 will focus on successful credit communication.

"ADCB is committed to providing the best-in-class development opportunities for our people'. Investing in our people, building their skills and adding thereby to the strength of our risk and relationship management capabilities remains one of our strategic pillars.' We remain positive about future growth prospects and the investment in this program is a reflection on our level of preparedness to meet future demand with a unified voice" said Mr. Kishor Rao, Chief Risk Officer, ADCB.

Moody's Analytics' Professional Development Services is a leading global provider of blended, customized training solutions to clients across the financial services industry. In addition, it has experienced tremendous growth in offering training and development solutions outside of traditional risk and capital market in areas such as personnel development, client relationship development, conflict resolution, negotiations and selling skills. Its approach is to seamlessly incorporate training tools and methodologies from many disciplines to reinforce the learning experience and to ensure that it is totally relevant for improving all-round performance.

"Moody's Analytics' partnership with ADCB underscores our commitment to serving the UAE market," says Wael Jadallah, Director of Moody's Analytics in the Middle East. "ADCB is a valuable and strong partner in our already strong Middle Eastern customer base for risk management and training solutions."