Emirates Institute for Banking and Financial Studies Appoints Two New Members to Board of Directors

Press release
Published March 28th, 2018 - 09:46 GMT
The EIBFS General Assembly Meeting at its Dubai Campus.
The EIBFS General Assembly Meeting at its Dubai Campus.

The Emirates Institute for Banking and Financial Studies (EIBFS) has announced the appointments of Jassim Al Ali from First Abu Dhabi Bank, and Obaid Al Shamsi of Dubai Islamic Bank, as new members of its Board of Directors for a two-year term. The appointments were made as part of EIBFS’ long-term growth plans and commitment to serving as an institution that delivers world class education and training in the banking and finance sector.

The announcement was made at the EIBFS General Assembly that was held in the presence of prominent banking and finance representatives in the UAE. Chaired by His Excellency Hesham Abdullah Al Qassim, Chairman of the Emirates Institute for Banking and Financial Studies, the meeting was led by Jamal Al Jassmi, General Manager of EIBFS.

Speaking about the appointments, His Excellency Hesham Abdullah Al Qassim said: “I am excited to welcome Mr. Jassim and Mr. Obaid to our Board of Directors. Both bring diverse and rich experience to the management team that will help us elevate our Institute to even greater heights. Their ideas and fresh thinking will enable us to strengthen our educational programs to ensure that bankers are well equipped for today, as well as tomorrow’s future roles in the industry.”

As part of the agenda, external auditors KPMG presented the Institute's financial accounts for the year 2017. The General Assembly also reviewed the activities and programs implemented by EIBFS, including the launch of the National Committee for the Development of Professional Standards in association with the National Qualifications Authority. The members further reviewed the Institute’s strategy to help increase the number of skilled and qualified nationals in the banking and finance sector in the UAE.

In 2017, the Institute helped equip more than 24,000 bankers with skills and qualifications relevant to the banking and finance sector.

Background Information

Emirates Institute for Banking and Financial Studies

Established in 1983, the Emirates Institute for Banking and Financial Studies (EIBFS) offers world class education programmes, training sessions and allied services in the area of banking and finance at its three state of the art campuses strategically located in Sharjah, Abu Dhabi and Dubai. Committed to the Emiratisation initiative, EIBFS supports UAE nationals by providing top-notch training facilities and encouraging career growth in the banking and financial services sector. 

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