Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, has issued a decree reconstituting the board of directors of Etihad Credit Insurance, the state export credit company. Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, will serve as chairman.
The new board brings together senior figures from federal and emirate-level institutions. Members include Ahmed Mohammed Al Naqbi, CEO of Emirates Development Bank; Khalil Fadel Al Mansoori, Executive Director of Abu Dhabi Exports Office; Mohamed Ali Al Kamali, CEO of Trade and Industry at Abu Dhabi Investment Office; and Mohamed Sharaf, Executive Director of Investment Attraction Operations at Dubai’s Department of Economy and Tourism. Emirate-level representation extends to Sheikh Sultan bin Mohammed Al Nuaimi, Director General of the Port and Customs Department in Ajman; Sheikh Omar bin Saqr Al Qasimi, Executive Director of Investment and Development at Ras Al Khaimah; and Maryam Abdullah Al Matrooshi, Deputy Director of Financial Affairs at Fujairah’s Finance Department.
The private sector is represented by Mohamed Al Marzooqi, CEO of HSBC UAE; Omar Al Amin, CEO of Orient Insurance; Rola Abu Manneh, CEO of Standard Chartered UAE, Middle East and Pakistan; and Bart Bartin, a member of the executive committee at Coface Group.
Al Zeyoudi said the board restructuring was an important step in advancing the company’s policy and commercial objectives, with a focus on facilitating UAE export flows into global markets. He said the board’s leadership profiles and specialist expertise across multiple sectors would support the company’s mission to enable domestic exports and strengthen non-oil foreign trade, in turn reinforcing sustainable growth in the national economy.
Rajaa Al Mazrouei, CEO of Etihad Credit Insurance, said the new board was well-positioned to consolidate the company’s role as a driver of non-oil export growth, describing the membership as rich in experience across government, financial, investment, banking and credit sectors.
