FAB Partners with Oracle to Transform HR with Cloud HCM

Oracle has announced that First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s most secure financial institutions, is implementing Oracle Fusion Cloud Human Capital Management (HCM) to streamline its human resources (HR) operations on the cloud. This move is part of FAB’s broader digital transformation initiative aimed at enhancing operational efficiency and delivering innovative, personalized financial solutions.

With Oracle Cloud HCM, FAB will unify, plan, manage, and optimize global HR processes through a single data source. This will empower the bank to make data-driven decisions while delivering a highly personalized employee experience.

By adopting cutting-edge digital technologies like Oracle Cloud HCM, FAB is positioning itself as a future-ready financial institution in an AI-driven economy. The platform will enable the bank’s employees to leverage advanced digital tools, fostering a culture of continuous innovation and development.

The implementation will also introduce features such as AI-powered insights, digital assistants, and regular updates to enhance HR operations. Oracle Cloud HCM will streamline processes across the entire employee lifecycle, including recruitment, workforce management, and payroll processing, improving decision-making and reducing operational costs.

Leopoldo Boado Lama, Senior Vice President of Business Applications, ECEMEA at Oracle, said:
“Digital-native talent equipped with AI-powered tools is a key differentiator for businesses in the financial sector. Oracle Cloud HCM will enable FAB to adapt swiftly to evolving employee and business needs. With a single, cloud-native platform connecting every HR process, FAB’s HR teams gain a unified source of truth to refine their people strategy and improve decision-making.”

The integration of Oracle Payroll, part of the Oracle Cloud HCM suite, ensures FAB benefits from a fully unified and configurable solution for compliant and efficient payroll management, reinforcing its commitment to operational excellence.

This partnership underscores FAB’s commitment to embracing advanced technologies to remain at the forefront of the financial sector while prioritizing employee engagement and innovation.