Abu dhabi: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved a decision to restructure the Board of Directors of Etihad Credit Insurance (ECI), chaired by Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade.
According to Emirates News Agency, the new board includes Ahmed Al Naqbi, CEO of Emirates Development Bank (EDB); Khalil Fadel Al Mansoori, Acting Director-General of the Abu Dhabi Exports Office (ADEX); Mohamed Ali Al Kamali, Chief Executive of Trade and Industry at the Abu Dhabi Investment Office; Mohammed Sharaf, Executive Director of Operations and Investment Attraction, Department of Economy and Tourism, Dubai; Sheikh Sultan bin Mohammed Al Nuaimi, Director-General of the Department of Port and Customs, Ajman; Sheikh Omar bin Saqr Al Qasimi, CEO, Investment and Development Office, Ras Al Khaimah; Mariam Abdulla Al Matroushi, Deputy Director-General of the Finance Department, Fujairah; Mohamed Al Marzooqi, CEO, HSBC Bank, UAE; Omer Elamin, CEO of Orient Insurance Company (PJSC); Rola Abu Manneh, CEO, Standard Chartered Bank, UAE, Middle East and Pakistan; and Bart Pattyn, Independent Non-Executive Director at Argenta Bank and Insurance and Chair of the Audit and Risk Committee of Argenta Assuranties.
Dr. Al Zeyoudi stated that the board's restructuring is a significant step towards advancing ECI's policies and operations. The aim is to achieve institutional objectives of facilitating the flow of UAE exports to global markets. The board, with its leadership experience and expertise across various sectors, will work to empower national exports and support non-oil foreign trade, thus contributing to sustainable economic growth and the UAE's development agenda.
He emphasized that, under the UAE leadership's vision and guidance, the country continues to strengthen its position as a major hub for trade, exports, and re-exports. Etihad Credit Insurance will play a role in the sustainable growth of non-oil foreign trade, exports, and re-exports, aligning with national economic and trade objectives.
Raja Al Mazrouei, CEO of ECI, remarked that the board's restructuring marks a key milestone in the company's journey. The new board, led by Dr. Al Zeyoudi, consists of leaders with extensive experience in government, financial, investment, banking, and credit sectors. Al Mazrouei noted that ECI will remain a pivotal player in foreign trade and non-oil export growth, supporting the UAE's goals of sustainable economic growth and diversification.