JobXDubai

Financial stability and risk management are cornerstone elements for any thriving economy. Recognizing this, the Central Bank of the UAE (CBUAE) has inaugurated the fifth installment of its acclaimed Executive Certificate Program, explicitly designed for professionals in the field of risk-based supervision.

The initiative is aimed at fortifying the aptitude of supervisory personnel, equipping them with the capabilities necessary to foresee, evaluate, and alleviate potential threats to the financial system. The overarching goal is to fortify financial and monetary steadfastness within the UAE.

Collaborating with and endorsed by the esteemed Institute of Bankers (IOB), an affiliate of University College Dublin known for its exemplary training programs for bankers and regulatory supervisors, the Executive Certificate Program stands as a beacon of excellence and accreditation.

Anticipating an ever-evolving financial landscape, the CBUAE is also committed to hosting additional cohorts and tailored risk workshops throughout the year. These sessions will introduce participants to forefront supervisory practices, empowering them to adeptly navigate and neutralize potential risks.

Since the program’s commencement in 2021, a commendable number of 46 UAE national supervisors have graduated with the Executive Certificate Level 1, while 39 among them have advanced further to obtain the Executive Certificate at an advanced level.

Assistant Governor for Banking and Insurance Supervision at the CBUAE, Ahmed Saeed Al Qamzi, emphasizes that the globally recognized program is instrumental in nurturing the skills of Emirati cadres. This initiative directly aligns with the CBUAE’s vision to reinforce monetary and financial integrity, evolve the financial sector, and bolster the nation’s commitment to Emiratisation.

In the wake of progressive regulatory and technological advancements within the global financial arena, the CBUAE’s program is poised to enrich the technical proficiency and competencies of participating supervisors. Thereby, ensuring that they are proficient in employing specialized skills to manage prudential and conduct risk effectively.