UAE: International bank appoints first Emirati woman CEO

UAE: International bank appoints first Emirati woman CEO

She joined the bank as a graduate in 2004 and has since worked across many geographies including Dublin, London, and Sao Paulo

Published: Tue 18 Apr 2023, 5:28 PM Last updated: Tue 18 Apr 2023, 5:32 PM

Citibank on Tuesday announced the appointment of Shamsa Al Falasi as CEO of its UAE Onshore Branch.

Shamsa will also assume the role of the chief administrative officer (CAO) across all Citi entities operating onshore & offshore in the country.

Al Falasi is a seasoned banker with almost two decades of experience at Citi. She joined the bank as a graduate in 2004 and has since worked across many geographies including Dublin, London, and Sao Paulo, before being appointed as senior business and relationship manager for the Mena and Turkey region based in the UAE.

In 2015, Al Falasi was appointed as Head of the Global Subsidiaries Group (GSG) for the UAE and Iraq, a role that was expanded in 2018 to include regional responsibilities as Head of GSG in GCC and Iraq based in the UAE. Since the beginning of 2023, Shamsa has served as interim Citi Country Officer (CCO) and interim CEO of Citibank, N.A. UAE Onshore Branch. She will continue to serve as Interim CCO