UAE Banks Federation CEOs Consultative Council holds its first meeting in 2023

UAE Banks Federation CEOs Consultative Council holds its first meeting in 2023

Abu Dhabi, United Arab Emirates: The CEOs Consultative Council of UAE Banks Federation, the representative and unified voice of banks in the UAE, held its first meeting of the current year on 21 March 2023 under the chairmanship of H.E. Mohammed Omran Al Shamsi, Vice Chairman of UAE Banks Federation and Chairman of the CEOs Consultative Council, which was attended by the Chief Executive Officers and Managing Directors of member banks operating in the UAE

The meeting discussed developments in the banking and financial sector, the Federation's plans for the current year and the progress the Council has made since its inception in line with the decisions of UAE Banks Federation General Assembly and the Board of Directors.

Participants at the meeting called for the continuation of efforts by UAE Banks Federation under the direct supervision and guidance of the Central Bank of the UAE to maintain the highest level of governance, transparency and risk management in the sector. They commended the ongoing initiatives by the Federation to combat fraud and in advancing of the digital infrastructure of the banking sector to ensure the provision of safe and smooth banking services.

The CEO Consultative Council welcomed Hatem Masmoudi, CEO of Crédit Agricole Bank