Mohammed Bin Rashid Center for Leadership Development sheds light on leadership issues in financial sector

Published February 9th, 2010 - 03:16 GMT
Mohammed Bin Rashid Center for Leadership Development (MBRCLD) has revealed that the present challenges in the global financial and banking sector and the experience of incumbent leaders in addressing such pressing concerns are crucial in enhancing the leadership acumen of Dubai's pool of future leaders. In view of this, MBRCLD announced that it recently discussed critical issues in the global financial and banking sector and their impact on Dubai during a new session of the Dubai Policy Watch Forum for all participants at the Center, who have exceeded 150 participants enrolled in the leadership programs: Government Leaders; Young Leaders; Promising Leaders; The Elite; UAE Women Leadership program; Hamdan Bin Mohammed Program for Sports Leadership Development and Qeyadi Leadership Skills Development Programme.
 
H.E. Ahmed Humaid Al Tayer, Governor of the Dubai International Financial Centre (DIFC), served as keynote speaker of the event where he highlighted practical challenges and shared  leadership insights and also offered invaluable advice about banking and finance and other key industries to participants. A former UAE Minister of State for Finance & Industry and a recipient of the Lifetime Achievement Award from “Banker Middle East” magazine in 2007 and “The Arab Banker for 2006” award, Al Tayer has extensive senior leadership experience in both the public and private sectors.
 
In addition to being DIFC Governor, Al Tayer is Chairman of the Board of both Emirates NBD and the Commercial Bank of Dubai, Vice Chairman of the Dubai Aluminium Company (DUBAL) and Member of the Board of the Investment Corporation of Dubai. Concurrently, Al Tayer is also Chairman of several leading institutions, including the Board of Trustees of the Emirates Nationals Development Programme, Emirates Institute of Banking & Financial Studies, Higher Committee for Human Resources Development in the Banking Sector and the National Human Resource Development & Employment Authority (Tanmia). He is also Deputy Chairman of the Emirates Banks Association and the Emirates National Oil Company (Enoc) and a member of Board of Directors at Zayed University.
 
H.E. Ahmed Humaid Al Tayer said: "The unprecedented challenges faced by the global banking and financial sector and its effects on various sectors of the economy, urged us to work on developing and strengthening the UAE’s financial and banking systems. At the same time, these challenges necessitated a thorough review of many plans and programmes in order to explore the future outlook for socio-economic development. We picked up valuable lessons from the experience, which have helped us better prepare against similar unpleasant incidents in the future. It has been a pleasure for me to support MBRCLD's programs by sharing the experiences and expertise gained during a career that covers more than 40 years of work in the public sector and state-institutions. I believe that it is important for government leaders to pass on their knowledge to the younger generation who will soon take responsibility in steering our society towards sustainable development."
 
Adel Al Shared, Executive Chairman of MBRCLD, "One of our main objectives is to ensure a smooth transition from one generation of leaders to the next. This is why we constantly invite high-level government officials to serve as keynote speakers of the different forums that we organize. H.E. Ahmed Humaid Al Tayer has established himself as one of the pillars of government having assumed different leadership positions in nearly four decades of service in the public sector. The new session built on his vast experience to inspire and help equip future leaders with the necessary skills, knowledge and attitude to be successful in government service."
 
MBRCLD has been established in line with the vision and directions of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai; who has underscored the critical importance of a highly competent national professional workforce to ensure the country's global sustainability.

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